All News articles – Page 160
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Insurtech investment smashes previous records in Q1
Willis Towers Watson recorded 85 insurtech deals worth $1.42bn announced in the first three months of 2019
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Phoon leaves Canopius to lead Munich Re in Singapore
Reinsurer Munich Re has appointed Linus Phoon as CEO of its Singapore branch, leading its Southeast Asian operations
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AFL appoints UK CEO and prepares for North America expansion
Independent Lloyd’s broker AFL promotes its chief commercial officer to lead its UK business
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Epic reshuffle as Guy Carp digests JLT Re acquisition
Guy Carpenter announces a slew of senior appointments across its leadership team, amid some senior exits from acquired rival reinsurance broker JLT Re
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Atkin steps down at AIG’s Talbot; new ex-Marsh chairman appointed
Talbot Group, AIG’s Lloyd’s of London business, has announced its founding chairman Rupert Atkin is to step down from the role
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Six ideas unveiled in Lloyd’s “bold new strategy”
CEO John Neal has unveiled his future strategy for Lloyd’s, focused on six “transformational initiatives” as well as a commitment to lower costs and simplify doing business
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Capital deployment 5% down among reinsurers - Aon
A drop of $13bn in capital deployed among the 23 major reinsurers making up Aon’s Reinsurance Aggregate was recorded at the end of last year
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Catlin back in the game to launch startup re/insurer Convex
Paul Brand and Stephen Catlin have launched a $1.8bn re/insurance start up, named Convex
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The risk landscape's shift away from easily insured threats
Politics, protectionism and unpredictability are adding to uninsurable aspects of the commercial risk landscape, according to Aon
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Three insurers launch reputational risk consortium
A new London market consortium will offer insurance and crisis management solutions to mitigate reputational risk, with Beazley at the head of the slip
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Al Zain appointed CEO at Bahrain’s Trust Re
Downgrade-hit Trust Re has announced a new chief executive to lead the reinsurer
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Relentless decline in reinsurers’ underlying RoE – Willis Re report
Underlying RoE fell to 2.7% as an average across reinsurers writing natural catastrophe risks in 2018, just part of a “relentless decline since 2013”
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Aon combines its construction, engineering and inland marine teams
Reinsurance broker aligns to the approach of many carriers underwriting the three risks together
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Covea still wants to buy a reinsurer
French insurer Covea still wants to make a reinsurance acquisition, despite its failed takeover plan for Scor
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Latam fac combined across Marsh, Guy Carpenter and JLT
Newly branded Carpenter Marsh Fac Re will combine the broker’s facultative reinsurance business for Latin America
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Axa could be exposed to Notre-Dame fire
French company Axa insured two of the contractors making renovations to the 12th century cathedral when fire broke out
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Reinsurers weathering the storm – Aon
A 3% drop in total global reinsurance capital in 2018 needs to be taken in the context of nearly 30% capital increase since 2011, according to Aon
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Secondary perils are causing the bulk of cat losses – Swiss Re Sigma
Events such as wildfires and floods, so-called secondary perils for catastrophe risk re/insurers, constituted some 62% of insured losses from natural catastrophes in 2018, and more than 50% the previous year
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Aon points to rising populism and terrorism risks in Europe
A surge in support for populist politicians and an uptick in the number of attacks by far-right terrorists have created an increasingly complex risk environment for firms, according to re/insurance broker Aon
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Gallagher appoints Thompson as UK specialty, wholesale CEO
John Thompson has been announced as the new permanent CEO of Gallagher’s specialty London market and wholesale businesses