All News Agenda articles – Page 5
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News AgendaManagement buyout for Markel’s Brazilian arm
The exec team of Markel International’s Brazilian arm have bought out the firm from its parent, renamed NEWE Seguros
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News AgendaHarrell appointed MD, COO at Willis Re Specialty
New specialty MD at Willis Re’s most recent role was to lead international insurance at Aspen and active underwriter of its Lloyd’s Syndicate 4711
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News AgendaMS Amlin refocuses underwriting strategy, cuts nine business classes
A reshuffle and restrategy at re/insurer MS Amlin creates a specialty business by combining marine and P&C international platforms, as well as cutting several lines of business
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News AgendaHDI appoints Stamm CUO for Swiss branch
Thomas Stamm joins HDI Global from rival insurer AIG in Switzerland
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News AgendaAIG appoints heads of global aerospace and UK energy, construction
Two new senior specialty hires at AIG in London come from Chubb and ArgoGlobal
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News AgendaLloyd’s investigation reveals hundreds of sexual harassment witnesses
An independent advisory group will be set up at Lloyd’s of London to ensure the re/insurance market takes the right actions
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News AgendaFAIR: Continental frustration at African sovereign ratings handicap
Local reinsurers in African countries face the handicap of sovereign credit ratings below investment grade, affecting their own ratings and business options
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News AgendaFAIR: Rates firming as regional reinsurers provide less capacity - AM Best
Regional reinsurers in trouble means less local capacity available, helping to firm up reinsurance pricing in African and Middle Eastern markets
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News AgendaTurkish insurers vulnerable to politics, economic turbulence and poorly priced motor
Many global insurers now think twice about investing in Turkey, with those present considering their options
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News AgendaReserve releases down at Lloyd’s; Hiscox, Beazley outperform rivals – Jefferies report
Rates have risen 3.9%, costs have fallen £100m, and Lloyd’s is demonstrating discipline by withdrawing from unprofitable business, market analyst Jefferies has observed
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News AgendaBrit Re rated ‘A’ by AM Best ahead of US casualty treaty plans
The reinsurer plans to expand in 2020 by writing US-based casualty excess of loss reinsurance business
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News AgendaTrust Re forms new exec committee with group CFO, CRO seats
Mohsin Altaf, Trust Re’s new group CFO, and Marios Argyrou, its new chief risk officer, join an executive committee aiming to demonstrate improved corporate governance and transparency at the Bahraini reinsurer
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News AgendaTyphoon Faxai: $3-7bn insured loss estimate from AIR
Faxai was comparable in strength to 2018’s Typhoon Jebi, striking Tokyo City with winds equivalent to a strong Category 2 hurricane
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News AgendaAspen appoints Edwards as its new insurance boss in London
Clive Edwards takes the UK CEO role after a decade at Aspen Insurance, including as its London co-CUO
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News AgendaChange at the top for TMK as Franks and Culham step down
Brad Irick takes over as CEO of Tokio Marine Kiln from 1 January 2020, with a new chief underwriter appointed in due course
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News AgendaHannover Re ‘bullish’ on Jan renewals
Hannover Re struck an optimistic tone about the up and coming renewal season, predicting positive news across multiple fronts for reinsurers
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News AgendaGR roundtable: panelists debate how technology will shape the market by 2030
A lively discussion about the transformative technologies at play in the re/insurance sector was held at the Hotel Hermitage for GR’s roundtable event in association with the Dubai International Financial Centre
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News AgendaMunich Re reaches landmark cyber premium total
The German re/insurance giant revealed that last year it wrote $473m in cyber premium
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News AgendaThird Point Re building specialty, catastrophe lines business
Better rates in 2018-2019 are a bonus for Third Point Re, which had already opted to begin writing property catastrophe business and selected specialty classes
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News AgendaCurb your enthusiasm, pricing is at 2014 levels - Scor’s Conoscente
Scor Global P&C’s CEO notes recent pricing increases are all relative, stresses Scor Global P&C’s chief executive Jean-Paul Conoscente
