All News articles – Page 31
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NewsAspen names new head of Singapore
The re/insurer’s new Singapore leader joins from Tokio Marine Kiln, while its global head of casualty and international reinsurance relocates to London.
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NewsSCOR joins lengthening list of NZIA leavers
Parisian reinsurer SCOR has announced it is the latest re/insurance company to quit the UN-convened Net-Zero Insurance Alliance.
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NewsSiriusPoint appoints new CTO to exec leadership team
New chief technology officer Nestor Lopez to lead the Bermudian re/insurer’s data strategy.
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NewsRenRe to buy Validus from AIG for nearly $3bn
AIG is to divest its Bermudian reinsurer Validus, but will retain its Talbot Underwriting and Western World businesses, which were bought in the same deal in 2018.
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NewsSwiss Re joins exodus from NZIA
Swiss Re has abandoned the Net Zero Insurance Alliance, without giving a reason.
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NewsAXA XL names inaugural head of energy transition
Specialty re/insurer’s new head of energy transition joins the company from broking firm Aon, and spent 18 years working at energy giant BP.
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NewsHDI Global reports ‘promising’ start to the year
Talanx-owned HDI Global reported a 93% combined ratio and an underwriting profit of €141m.
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NewsAcrisure announces rebranding under new ‘total client view’
The US and international broker said it will bring all its operations under the same brand.
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NewsMcLarens: What’s driving rising claims costs in aviation?
As air traffic across the globe continues to gather pace post-pandemic, the rising cost of attritional claims has once again become a key focus, writes John Bayley of McLarens Aviation.
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NewsConvex hits $3bn of GWP in 2022 but investment side causes $142m loss
Bermudian specialty insurer and reinsurer had a 98% combined ratio last year.
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NewsZurich, Allianz both report double-digit Q1 growth in P&C revenues
Top line property and casualty growth at both groups was driven by commercial insurance pricing rises: North America powered Zurich’s revenues; and Allianz singled out Germany and Turkey as sources of growth.
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NewsHowden centralises management with restructure
The re/insurance broking and MGA group announced changes to its leadership structure.
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NewsGallagher Re appoints Kerton new UK CEO
The reinsurance broker has announced Ian Kerton will replace Tom Wakefield, who stepped up to the global CEO role.
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NewsS&P expects new criteria to affect 10% of re/insurance ratings
The credit ratings agency has published a revised version of its proposed methodology.
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NewsResults comparison: solid Swiss Re result just short of Munich’s combined ratio
Swiss Re’s P&C combined ratio was 97.2% for the first quarter, slightly less profitable than the 86.5% posted by German rival Munich Re; both reinsurers had higher than anticipated cat losses, driven by Turkey’s earthquakes.
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NewsHannover Re Q1 profit on track to meet 2023 target
Third largest reinsurer announces quarterly profit of €484m and a combined ratio of 92.3% on its property and casualty business.
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NewsReinsurers back Galápagos marine conservation credit deal
Axa XL, Fidelis MGU, Chubb Global Markets, Sovereign Risk Insurance, Mosaic, Coface and others are providing reinsurance coverage.
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NewsWinther appointed chair of Apollo Syndicate Management
New chair of ASML brings an investment banking background at Evercore and non-exec board experience at Hiscox Syndicates and Ecclesiastical.
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NewsTokio Marine restructures London market teams
London market marine, energy and renewables reshuffle at Tokio Marine HCC International.
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NewsAon launches climate analytics, advisory unit
Aon’s new Climate Risk Advisory team will use the broker’s Impact Forecasting models to provide physical risk diagnostics and advisory services on climate-related financial risks.
