All News articles – Page 60
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PERILS ups loss figures for February cluster of storms
Its current insured property market loss estimate from the winter storm series is €3.6 billion
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MS Amlin offers cover for battery energy storage systems
The Lloyd’s insurer is partnering with insurtech Altelium to offer the solution
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How insurers can build ‘digital trust’
Poor cyber security, spreading ’fake news’ and failing to protect personal data are classic abuses - Swiss Re Institute
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Horseshoe adopts Artex brand
Horseshoe has transitioned to the Artex brand name, three years after the two firms merged
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SCOR announces oil underwriting restrictions
The French reinsurer will cease providing cover for new oil field production projects from 2023
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Howden taps WTW for senior Swedish hires
Marie Gustafsson will replace Jesper Bretz, who is stepping down at the end of the financial year
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LM Re taps AXA XL for senior casualty underwriter
Alice Sharman is responsible for underwriting LM Re’s US casualty treaty portfolio, based in London
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SiriusPoint CEO and chair Sankaran steps down
Board names Dan Malloy as interim CEO and Sharon Ludlow as interim chair; appoints Daniel Loeb as a director
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‘Only a matter of time’ until parametrics become the norm
Why cover for IT downtime will be ‘the next stage of growth in parametric insurance’
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MS Amlin taps Compre for Rob Margetts
In his new role, Margetts will develop strategy across current and legacy portfolios
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Climate crisis: Re/insurers must overhaul business models
Just 8% of insurers are resilience champions while 73% of policyholders rank climate among their top concerns
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Munich Re launches AI validation service
CertAI will assess the use of artificial intelligence for the insurance risks of tomorrow
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SiriusPoint appoints head of London and International Casualty
Nick Pascall joins from AXA XL Re, London, where he was head of US Casualty Reinsurance
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Wildfires threaten New Mexico resorts
More than 300 properties in New Mexico and 500 in Orange Country have been destroyed so far
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Lloyd’s shifts to virtual AGM as activist pressure grows
Fear of disruption by climate activists at One Lime Street has prompted the move
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Aviva’s Blanc calls out industry sexism
The insurance giant chief executive was the target of “inappropriate” comments at last week’s AGM
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AXA SA receives reinsurance license
ACPR license is granted ahead of the merger of AXA SA and its captive reinsurer, AXA Global Re
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Howden buys Singapore-based AEGIS
Re/insurance broker says the purchase reinforces its commitment to the Asian market
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Africa Specialty Risks ups energy capacity to $38m
Reinsurance group taps GIC Re and Peak Re; supports insurers to “meet energy demand”
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Everest Re’s Mount Logan hires COO
Sfaif brings a “deep specialisation in capital markets and reinsurance convergence”