All News articles – Page 30
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NewsGenerali to acquire Liberty Seguros for €2.3bn
Italy’s largest carrier, Generali, has announced it will buy Liberty Seguros, which operates in Spain, Portugal, Ireland and Northern Ireland, part of the Liberty Mutual group.
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NewsAon names Walker leader of restructured global credit reinsurance team
A restructuring creates a new global credit team within Aon’s Reinsurance Solutions arm.
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NewsAspen makes new CUO reinsurance appointment
John Welch joins Aspen after leaving rival AXA XL Re to be its US-based chief underwriter for reinsurance.
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NewsHowden, Fidelis MGU strike deal to transfer oil from tanker off Yemen
Tanker FSO Safer has been moored in a state of disrepair off war-torn Yemen since 2015, a ticking timebomb for an environmental disaster.
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NewsR&Q reorganises to sell Accredited arm, raises $50m equity
Randall & Quilter (R&Q) said it has completed a reorganisation to separate its legacy and programme management arms, to facilitate the sale of the latter, plus a capital raise of $50-60m.
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NewsSCOR pays tribute to its chairman, Denis Kessler
It is with great sadness that GR has learned of the passing of Denis Kessler on June 9, 2023, at the age of 71. An editor’s note follows the obituary published by SCOR today.
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NewsGuy Carpenter appoints ex SCOR chief exec Rousseau to EMEA, Global Capital CEO role
Laurent Rousseau joins the reinsurance broker in a newly-created position as CEO of EMEA and Global Capital Solutions.
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NewsTurk appointed to CUO role at Lloyd’s
Lloyd’s has appointed Rachel Turk, formerly head of strategy at London market re/insurer Beazley, to a new chief underwriting officer role for the insurance and reinsurance market.
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NewsMapfre announces decarbonisation plans, 26% cut to climate footprint
Spanish insurer Mapfre is committed to reducing its operational carbon footprint by 50% and to becoming carbon neutral in all countries by 2030.
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NewsTMK forms new standalone cyber, enterprise risk division
Tokio Marine Kiln said it wants to expand its presence in the standalone cyber market.
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NewsLockton Re names new North American prop fac leader
Senior reinsurance broking appointment joins Lockton from insurer Liberty Mutual.
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NewsMasojada appointed SiriusPoint chair
Former Hiscox CEO Bronek Masojada is the new chair of Bermuda-based SiriusPoint.
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NewsGlobal cyber market rockets in value - Guy Carp study
A Guy Carpenter report reveals more than three-fold increase in cyber insurance market value in four years, and models one-in-50 and one-in-200-year event cyber loss scenarios, topping out at a $33.4bn estimated potential market loss.
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NewsNZIA receives more body blows as further insurers leave
The embattled net zero climate alliance has now lost nearly half its members.
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NewsSenior departures announced from Allianz
Change at the top for Allianz’s commercial and personal lines businesses.
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NewsGuy Carpenter to acquire Israeli broker Re Solutions
Israeli acquisition includes a fac broking arm and builds a bridge for Guy Carptenter’s insurtech into a major fintech market.
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NewsGallagher Re makes leadership appointments in China
Reinsurance broking firm makes new appointments in Lou and Xia.
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NewsAriel Re hires Partington Howarth as chief capital officer
Partington Howarth rejoins Ariel Re from rival reinsurer Axis Re, where she had been CUO.
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NewsTalanx acquires several LatAm companies from Liberty Mutual
German firm says acquisition will make it third largest P&C insurer in Latin America.
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NewsSCOR makes de Varenne deputy CEO and CFO
Interim CEO François de Varenne assumes the deputy CEO mantle at SCOR and also takes over the CFO position from Ian Kelly.
