All News articles – Page 5
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Apollo appoints Day as new deputy CUO
New deputy chief underwriter Carl Day joins Apollo from CNA Hardy where he has been active underwriter for its Syndicate 382.
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Rozes joins BMS as group CFO
Broker appoints new chief financial officer and executive director who joins from IG Group and previously managed the JLT integration at Marsh McLennan.
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Mapfre Re gains Chinese approval for Beijing branch
The reinsurance arm of the Madrid-based insurer has gained approval from China’s National Financial Regulatory Administration.
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Hiscox appoints ex finance minister as Bermuda board member
The Bermuda (re)insurance subsidiary of Hiscox has a new non-exec board member, a former Bermuda government minister of finance, with 25 years of US banking experience.
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Specialist Risk Group acquires PV MGA Tristar
Terrorism and political violence focused MGA Tristar Special Risks has been bought by Specialist Risk Group.
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Howden Re enters Japanese market
The reinsurance broker announced the launch of Howden Re Japan and an ILS partnership with Keystone ILS Capital.
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Beazley appoints Mounier head of Europe, cyber risks
Lucien Mounier was previously based in Singapore as specialty insurer and reinsurer Beazley’s head of Asia Pacific for the past six years.
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Mid-year renewals ‘consolidate’ 1/1 trends – Aon
Aon described a ‘favourable’ July renewal on balance for reinsurance buyers in its Reinsurance Market Dynamics July 2024 report.
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‘Transitioning reinsurance market’ at 1/7 – Guy Carpenter
The reinsurance broking arm of Marsh McLennan gives its view of renewals made at the midpoint of 2024.
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Gallagher Re: Reinsurers make ‘strong start to 2024’
The first quarter of 2024 has also shown strong results, with up to a 12% improvement in reinsurers’ combined loss ratios, according to the reinsurance broker.
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Supercede makes $15m capital raise – interview with CEO Jerad Leigh
London-based Supercede was set up in 2019, launching its reinsurance-focused technology into the market in 2020 and 2021.
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Miller continues Japan build out with senior hire
Former PWC director joins the (re)insurance broker’s Lead non-marine team in Japan.
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‘Above average’ hurricane season expected – Moody’s
A hyperactive season is not out of the question, suggests Moody’s, in its 2024 Northern Hemisphere Tropical Cyclone Outlook report.
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BMS adds new director to its Japanese M&A unit
New hire at the (re)insurance broker focused on private equity, M&A and tax business.
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Argenta to close Sydney office
Argenta Underwriting Asia, operating through Lloyd’s Australia, is to close its Sydney office, the company has said.
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Zurich is buying AIG’s global personal travel insurance business
Its AIG Travel acquisition will make Zurich a leading travel insurer in the US and globally, the insurer said.
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DUAL appoints Stoop as its Benelux MD
The MGA arm of Howden Group said it was strengthening its presence in the region.
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‘Lessons to be learned’ from Dubai April rainfall – IGI’s Labat
The heavy rain that hit Dubai in April 2024 were a major talking point in one-to-one meetings at this year’s DWIC.
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Kus named as head of Aon’s global broking centre
Tracy-Lee Kus served most recently as Aon’s Asia Pacific head of commercial risk.
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K2 International launches K2 Rubicon Specialty
New division of the London market MGA platform focused on US property, marine and other lines.