All News articles – Page 24
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Aspen 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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Howden 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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Reinsurers 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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Lockton Re appoints new cyber leader for North America
Brian Lewis was previously cyber and professional liability product officer at Zurich.
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Reinsurance 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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Aon 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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Acrisure 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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Q&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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IDF: 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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Trust 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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Marine MGA Amphitrite gets full FCA approval
Arch Capital backed London market MGA Amphitrite receives UK regulatory approval.
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Acrisure 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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Ron Lockton resumes CEO role of Lockton
Peter Clune steps down as CEO of the family-owned re/insurance broker.
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Driving 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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Temperatures 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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Construction 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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ESG: 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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Ascot 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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Insurtech 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.