News
Willis Re appoints Summers as global specialties CEO
Jim Summers joins from Guy Carpenter, where he was deputy CEO, global specialties, and global head of marine and energy specialty
MS Amlin warns earthquake models miss supershear loss risk
The Lloyd’s insurer said supershear ruptures accounted for two thirds of insured earthquake losses since 2016, but remain largely absent from catastrophe models
Aon appoints Navas as EMEA chief claims officer
José María Navas will lead Aon’s claims organisation across EMEA, reporting to Luca Tassarotti
Acrisure enters Turkish market with Monopoli partnership
Monopoli Sigorta will join Acrisure’s international platform while continuing to operate under its existing brand and leadership team
Convex launches Kinetic MGA
Theo Butt will lead the new UK-based MGA, while Anne Middleton has taken over as CEO of Convex UK
Hunt appointed CEO of HDI Global UK and Ireland
Simon Hunt has been appointed permanently after serving as interim CEO since February, following the departure of Stephanie Ogden
MAPFRE Re appoints Bansal to lead India branch
Chaturbhuj Bansal will be based in GIFT City as MAPFRE Re expands its presence in one of Asia’s key growth markets
Beazley adds to Bermuda presence with new office and Wunderlich ART appointment
Stefan Wunderlich has been appointed head of alternative risk transfer alongside his existing role as head of parametric
Verisk launches reengineered US hurricane model
The updated tropical cyclone model will be available through Verisk’s new cloud-native Synergy Studio platform from 15 June
Howden Re forecasts quieter Atlantic hurricane season
Forecasters expect below-average storm activity in 2026, but Howden Re warned that a single landfalling hurricane can still drive significant insured losses
Acrisure Re forecasts slightly subdued 2026 hurricane season
Reinsurance broker expects around 13 named storms this year, but warned that elevated ocean temperatures in key regions leave the market exposed to rapid intensification and landfall risk
Willis flags geopolitical and AI risks as top D&O concerns
Geopolitical risk has risen sharply in Willis’ latest directors’ and officers’ liability survey, while AI oversight is becoming a growing boardroom concern
QBE appoints Tsui to Hong Kong and Macau underwriting role
Andy Tsui will also serve as Asia head of people risk, leading QBE’s new integrated approach to workforce-related exposures
Geddes appointed CEO of Santam Syndicate 1918 at Lloyd's
Sam Geddes joins the South African firm’s Lloyd’s syndicate from MS Amlin, while interim CEO and CFO Rob Vetch will move into the CFO role
Gallagher Re names Grijalva to lead cyber for APAC
Carlos Grijalva will be based in Hong Kong and tasked with growing the reinsurance broker’s cyber capabilities across the region
Convex gains approval for new Lloyd’s Syndicate 1987
Syndicate 1987 is expected to begin underwriting in July, with a focus on long-tail specialty lines including casualty, political risk and trade credit
Hormuz crisis is reshaping specialty market conditions, Howden Re warns
Marine, energy and political violence markets are under severe stress, according to a report from the reinsurance broker, although wider reinsurance capacity remains resilient, according to Howden Re analysis
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