All News articles – Page 38
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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.
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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.
