All News articles – Page 4
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NewsPreventative measures will reduce Central European flood cost – Moody’s
Central Europe floods follow events in 2013, 2002, 1997 and 1954, all of which were associated with the ‘Vb’ weather pattern.
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NewsRance to lead Miller’s reinsurance broking strategy and innovation
Steven Rance and Charlotte Lowe join Miller’s reinsurance team, the intermediary said.
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NewsA new baseline for reinsurance has been reached - Everest Re
In the current environment, global risk-adjusted returns are expected to remain favorable at 1/1 and throughout 2025, says Jill Beggs, Everest Reinsurance executive vice president and chief operating officer.
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NewsAon appoints Barnes as its new claims chief
Mona Barnes previously worked at Chubb and Swiss Re; as chief claims officer at Aon she will report into Joe Peiser, the broker’s commercial risk CEO.
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NewsAmphitrite gets Lloyd’s coverholder approval
Specialist marine MGA wins final approval from the Lloyd’s market, unlocking its “enhanced access to capital”.
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NewsCaponigro appointed as AXA XL’s head of reinsurance capital management
Third party capital and insurance linked securities (ILS) hire at the re/insurer joins from AXIS Capital and previously worked at Platinum Underwriters and Everest Re.
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NewsAllianz Commercial appoints Lillelund CEO
Former CEO of Aspen Re joins AGCS from AIG where he was its regional chief exec for EMEA.
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NewsBMS makes two senior leadership hires in London and Miami
BMS Re appoints new Latin American and Caribbean CEO, and BMS Group appoints “market veteran” chief broking officer
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NewsILS pipeline from NGO cat bonds and even casualty 'baby steps' – Aon Securies’ Schultz
A lack of Atlantic Hurricane storm activity, with no major US hurricanes making landfall to trouble re/insurance markets since Hurricane Beryl, which made landfall in Southeast Texas on July 8.
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NewsRussell Group unveils connected risk business resilience policy
‘We believe this is the future of global corporate (re)insurance,’ says managing director.
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NewsCoalition Re launched as capacity deal announced
‘We equip carriers with deeper insights into the cyber risk in their books,’ says head
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NewsEvent loss sizing as the flood waters rise – Q&A with ICEYE
As climate change and shifts in land use drive an increase in flood events, Rupert Bidwell, ICEYE’s vice president, insurance solutions, explains how satellite data can help insurers size the impact of the event, manage capital and set reserves much more quickly and effectively.
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NewsDive In: Embracing diversity and inclusion with the head of culture at Lloyd’s
The insurance industry historically could have done much better at diversity, inclusion, and reflecting the global markets it serves. Mark Lomas, head of culture at Lloyd’s, is working to correct that.
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NewsCyber market faces demand problem, needs pre-emptive approach – Intangic founder and CEO
MGA Intangic is in its second year, backed by AXA XL, and provides a pre-emptive approach to underwriting cyber risks.
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NewsReinsurers increasingly directly deploying capital into primary market - AM Best
‘It’s not an existential moment for the industry, but it does highlight that primary markets will question whether they’re getting value for money or sufficient coverage,’ says AM Best’s managing director for analytics.
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NewsNew Lloyd’s syndicate ‘pivotal’ – Carbon Underwriting
Carbon Underwriting has a new syndicate at Lloyd’s. Questions answered by Rob Crocker, its active underwriter.
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NewsCyber ‘perception gap’ exists in industry’s understanding of risks – Lockton Re
‘The possibility that you could have this sort of global outage is extremely remote,’ says the reinsurance broker’s cyber practice leader.
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NewsIGI expanding specialty treaty arm amid reinsurance market opportunities – Jabsheh
The re/insurer’s treaty business has doubled in size, particularly in London market specialty, according to IGI’s president and CEO, speaking to GR at RVS 2024 in Monte Carlo.
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NewsHannover Re: ‘Continuing trend’ of hardening reinsurance terms
The reinsurer said that there was a ‘movement towards stabilisation generally’ at its RVS 2024 briefing in Monte Carlo.
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NewsGuy Carpenter issues Global Specialties 2024 market update
Report from the reinsurance broker includes non-marine, terrorism, marine and energy, construction and engineering, aviation and aerospace, trade credit, bond and political risk.
