Latest news
SCOR pays tribute to its chairman, Denis Kessler
It is with great sadness that GR has learned of the passing of Denis Kessler on June 9, 2023, at the age of 71. An editor’s note follows the obituary published by SCOR today.
Guy Carpenter appoints ex SCOR chief exec Rousseau to EMEA, Global Capital CEO role
Laurent Rousseau joins the reinsurance broker in a newly-created position as CEO of EMEA and Global Capital Solutions.
Turk appointed to CUO role at Lloyd’s
Lloyd’s has appointed Rachel Turk, formerly head of strategy at London market re/insurer Beazley, to a new chief underwriting officer role for the insurance and reinsurance market.
Mapfre announces decarbonisation plans, 26% cut to climate footprint
Spanish insurer Mapfre is committed to reducing its operational carbon footprint by 50% and to becoming carbon neutral in all countries by 2030.
TMK forms new standalone cyber, enterprise risk division
Tokio Marine Kiln said it wants to expand its presence in the standalone cyber market.
Lockton Re names new North American prop fac leader
Senior reinsurance broking appointment joins Lockton from insurer Liberty Mutual.
Masojada appointed SiriusPoint chair
Former Hiscox CEO Bronek Masojada is the new chair of Bermuda-based SiriusPoint.
Global 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.
NZIA receives more body blows as further insurers leave
The embattled net zero climate alliance has now lost nearly half its members.
Senior departures announced from Allianz
Change at the top for Allianz’s commercial and personal lines businesses.
Guy 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.
Gallagher Re makes leadership appointments in China
Reinsurance broking firm makes new appointments in Lou and Xia.
Ariel Re hires Partington Howarth as chief capital officer
Partington Howarth rejoins Ariel Re from rival reinsurer Axis Re, where she had been CUO.
Talanx acquires several LatAm companies from Liberty Mutual
German firm says acquisition will make it third largest P&C insurer in Latin America.
SCOR 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.
Aspen 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.
SCOR 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.
SiriusPoint appoints new CTO to exec leadership team
New chief technology officer Nestor Lopez to lead the Bermudian re/insurer’s data strategy.
RenRe 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.
Swiss Re joins exodus from NZIA
Swiss Re has abandoned the Net Zero Insurance Alliance, without giving a reason.
AXA 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.
