All News articles – Page 17
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NewsAcrisure Re appoints new head in Chicago
Reinsurance broker said its new hire, joining from rival broker BMS, joins its North American executive committee.
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NewsRon Lockton resumes CEO role of Lockton
Peter Clune steps down as CEO of the family-owned re/insurance broker.
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NewsDriving behaviours to increase climate risk resilience – SCOR at GAIF34
Reinsurance rates are being driven by increased claims and exposures, but the insurance industry has the data in its power to incentivise construction practices that will in turn reduce insureds’ exposure to climate change, and the prices paid for protection.
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NewsTemperatures are rising and MENA’s protection gap leads the world – Swiss Re at GAIF34
2023 saw major earthquakes in Turkey and Morocco, severe thunderstorms and flooding in Saudi Arabia and the UAE, hailstorms in Jordan, a tropical cyclone in Oman, and a major flood in Libya.
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NewsConstruction boom to lead expected growth for Gallagher’s Dubai practice
Onshore and offshore construction, M&A and financial lines are the top priorities for the reinsurance broker’s Middle East hub, Nadim Semaan told GR at GAIF34.
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NewsESG: business sense, culture and innovation focus – GAIF34 panel
Saudi Re is using technology to drive ESG, while speakers agreed on the need for top-down ESG strategy to align with overall strategy and to emphasise the business case of ESG.
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NewsAscot announces marine and energy treaty launch
Alex Kirkby, head of marine and energy in Bermuda will take the lead, the re/insurer said.
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NewsInsurtech euphoria has cooled, focus on immediate value – GAIF panel
An insurtech innovation panel debate at the GAIF34 event in Oman emphasised ways forward for insurtech, and AI in particular, to demonstrate the most value to insurance in the shortest time possible.
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NewsAbouzaid welcomes delegates to GAIF34 in Muscat
Secretary general of the General Arab Insurance Federation, kicked off the GAIF34 conference, which is back in Oman for the first time since 2002.
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NewsLloyd’s appoints Schrader general counsel
Already performing the role in an interim basis, Schrader has been with Lloyd’s since 2000.
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NewsMarkel, Covéa win “landmark” Covid BI reinsurance UK High Court case
CMS represented Markel in a “landmark reinsurance case” on UK Coronavirus lockdown business interruption losses.
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NewsSwiss Re calls for underwriting discipline after strong renewals
The reinsurer wants to keep pressure on underwriting discipline this year, after a successful 2023, with $3.2bn profit and a 22% RoE.
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NewsShaw to succeed Irick as Tokio Marine Kiln CEO
Current CEO Brad Irick will succeed Chris Williams as co-head of international business for Tokio Marine Group from 1 April, as Williams steps into the role of chairman for Tokio Marine Holdings’ international business.
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NewsDUAL UK announces CUO, distribution and acuarial leadership appointments
Howden’s MGA arm DUAL said the trio of UK senior appointments add to its “leadership team bench strength”.
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NewsHowden enters captive management market with ARM acquisition
Acquisition of ARM Group Holdings means re/insurance intermediary Howden now includes a fully owned, in-house captive management provider.
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NewsGetting ready for GAIF in Oman and developing regional insurance talent
This year, the GAIF conference returns to Oman for the first time in more than two decades. Two of the country’s leading insurance figures sat down to talk with Global Reinsurance before the event begins in Muscat.
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NewsArdonagh Specialty appoints Rastiello North American reinsurance CEO
Specialty reinsurance broker’s new leader of its North American reinsurance operations was previously CEO and president of Accredited.
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NewsFairfax issues further rebuttal to Muddy Waters short seller report
Prem Watsa, chairman and CEO of Fairfax Financial Holdings, has rebutted as “false and misleading” allegations by a short seller about the insurer’s valuation and transaction income.
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NewsGBN Worldwide launches London market broker-MGA
GBN Risk Solutions will initially offer services to UK brokers with international business, with plans to expand to Europe and the US in future.
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NewsMarine update on Red Sea, Black Sea, Panama Canal – IUMI
Marine war insurance rates are “about level” between conflict zones in the Black Sea and the latest Red Sea hotspot, according to a meeting of the International Union of Marine Insurance (IUMI).
