News – Page 4
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Mapfre appoints Jiménez as chief innovation officer
New head of innovation has been CEO of MAWDY, the Madrid-based group’s assistance business unit, since 2019.
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Renewables showing resilience, optimism – WTW report
A report from the broking firm is upbeat on the renewable energy sector’s prospects to “weather the storm” of the risks and challenges it faces.
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Aspen appoints Dunleavy as group president
A leadership restructuring sees Christian Dunleavy take the president role while Mark Pickering becomes group CFO and treasurer of the re/insurer.
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BMS promotes Watkins to UK chief growth officer
Hannah Watkins was most recently a managing director at BMS Re and joined the broker 12 years ago as director of risk solutions.
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Underwriting Ukraine: market efforts continue amid wheat harvest countdown – McGill and Partners
As Russia’s war continues in its third year, what role can the re/insurance industry play in rebuilding Ukraine?
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Carbon Underwriting gains in principle approval for Lloyd’s Syndicate 5757
The MGA’s second syndicate at Lloyd’s will focus solely on US programme business.
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Smith joins Mosaic as Americas CEO
Toby Smith was previously Liberty Mutual’s chief underwriting officer of North America specialty lines.
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Dual appoints Rodriguez Forero as LatAm CEO
Marilena Rodriguez Forero joins from Axa where she served as P&C underwriting director for Mexico.
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Verisk estimates Beryl US insured losses in $2-3bn range
The cat modeler’s estimate for Hurricane Beryl is based on industry insured losses to onshore property from wind.
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Bishop appointed Aspen’s chief data and analytics officer
Expansion of technology role following AI work and recently launched data labs.
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Aon appoints new head of Lloyd’s capital
Ed Thomas joins from Lloyd’s to work in Aon’s reinsurance solutions capital advisory team.
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GCube backs energy storage with new $100m Lloyd’s consortium
BESS consortium led by GCube and backed by six Lloyd’s syndicates will provide up to $100m in capacity for any single project across construction and operation.
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Swiss Re: major economies 'robust'; set to drive insurance growth
Non-life hard market expected to continue over 2024 and 2025, as inflation and rising claims costs push rates higher, according to The Swiss Re Institute.
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Mosaic restructures roles to emphasise agency business
Bermuda-based Mosaic has announced a reshuffle across its underwriting and operational teams to prioritise driving the growth of its agency business.
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BMS Re hires Nelson as US CFO
Reinsurance broker’s new US chief financial officer was previously an Aon UK board director.
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Peak Re appoints Menezes CRO
Hong-Kong-based reinsurer promotes new chief risk officer to the role.
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Kita, TMK partner to provide political risk cover for carbon credit projects
Lloyd’s coverholder Kita has secured re/insurer Tokio Marine Kiln as lead capacity provider for the launch of a political risk product aimed at high-growth carbon markets.
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Chedid Re adds Vandendael as non-exec to board
The Middle Eastern reinsurance broker has appointed the former chief commercial officer of Lloyd’s as an independent non-executive director of Chedid Re Global Operations’ board.
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International order ‘in decline’ – WTW political risk report
A political risk insurance report from the broker highlights the decline of consensus on the liberal international order, summarising it as at best, ‘lukewarm’.
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Saudi Re completes sale of Its Probitas stake for £123m
Riyadh-based reinsurer sold its ownership stake in Probitas Holdings, Bermuda to Aviva.