All News articles – Page 16
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NewsSteinmann joins Hannover Re to lead its German arm after Pickel retires
Change at the top came as Hannover Re announced it had beaten its full-year earnings target; group net income rose to €1.8bn for 2023; reinsurance revenue climbed to €24.5bn; and a return on equity of 19% was “comfortably above minimum target”.
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NewsProbitas buy ‘win-win’ to accelerate ‘organic ambitions’ – Aviva’s Storah
Aviva’s purchase of Probitas gives the insurer instant ‘scale’ in the Lloyd’s market, says UKGI chief executive.
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NewsMiddle East retention levels rising – Chedid Re’s Abi Rached
Local insurers have “more skin in the game” due to the hard market for reinsurance.
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NewsHowden Tiger hires Byler to boost US casualty growth plans
Reinsurance broker Howden Tiger announces Carrie Byler has joined from rival Guy Carpenter.
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NewsCompre promotes Mitha to new commercial director role
Mitha joined Bermudan run-off re/insurer Compre as chief actuary for North America in 2022.
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NewsArch Re promotes Halgan to president and CUO
In a trio of appointments, Vanessa Hardy Pickering has been appointed chief financial officer and Lester Pun promoted to chief operating officer.
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NewsBroker CHC Global gains Lloyd’s broking licence
CHC Global hits major milestones to become a Lloyd’s Broker and directly regulated by the FCA.
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NewsOman Re gains Retakaful licence
Oman’s Capital Market Authority grants a licence for Oman Re to underwrite Retakaful, providing Islamic compliant reinsurance solutions for Takaful business.
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NewsAspen makes new UK CEO, CUO appointments
Interim UK CEO confirmed in job and new CUO, previously head of credit and political risk.
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NewsHowden Tiger appoints Chattaraj chief science officer
An internal hire, Bhaskar Chattaraj takes on the newly-created role for the reinsurance broker.
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NewsReinsurers cautious about return to aviation war market
Some aviation all-risks reinsurers have been coaxed back into the aviation hull war market, demanding much greater data and awareness of exposures, but a capacity shortfall remains, despite high prices on offer.
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NewsLockton Re appoints new cyber leader for North America
Brian Lewis was previously cyber and professional liability product officer at Zurich.
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NewsReinsurance pricing to peak in 2024, but claims inflation and cat risk persist – Moody’s
Moody’s expects continued strong demand for reinsurance and higher investment yields, to drive attractive RoEs for the sector in 2024, assuming no large catastrophe events.
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NewsAon Names Romeo as CEO of its Bermuda reinsurance operations
Joining Aon in 2022, previous roles at Bermudan reinsurers include president and head of property of Axis Specialty, and senior underwriter, property catastrophe at PartnerRe.
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NewsAcrisure Re Appoints Hodges to EVP role
The reinsurance broker’s new executive vice president joins from Howden Tiger where he was the international head of analytics.
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NewsQ&A: ICEYE on the utility of satellite data for flood damage mitigation
Sponsored: Rupert Bidwell, vice president for insurance solutions at ICEYE, talks to GR’s sister title Insurance Times about the power of leveraging satellite technology
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NewsIDF: Enhancing Risk Modelling and Disaster Finance through Data Empowerment
By the Risk Modelling Steering Group (RMSG) of the Insurance Development Forum (IDF).
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NewsTrust Re seeks return to rating as rebuild continues – Albaharna GAIF34 interview
Chief executive of Trust Re explains the reinsurer plans to restore it’s former rated A-rated status, putting an end to temporary fronting arrangements while its shareholding issue is resolved.
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NewsMarine MGA Amphitrite gets full FCA approval
Arch Capital backed London market MGA Amphitrite receives UK regulatory approval.
