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Aon appoints IP chief product officer in San Francisco
Aon has announced a Silicon Valley veteran is to lead its intellectual property development unit as chief product officer
Fidelis launches Socium third party capital unit, appoints CEO to lead it
Bermudian re/insurer Fidelis has appointed a CEO to lead its re/insurance “partnership pillar” engaging with capital markets backers
Pricing on loss-hit prop cat up 25% at mid-year - Willis Re
Reinsurance broker Willis Re cited “pricing disparity” as reinsurers were “more discerning” at 1 June and 1 July renewals
MS Amlin appoints new COO
The re/insurer’s new chief operating officer’s last role was change director for UK’s the Post Office
Brit appoints BCG’s Cuomo to lead strategy
Brit’s new head of strategy joins the insurer from the Boston Consulting Group
Swiss Re appoints Higginbotham CEO of reinsurance business in Asia, as Plunkett leaves
Russell Higginbotham will succeed Jayne Plunkett as Swiss Re’s chief executive officer and regional president for the company’s reinsurance operations in Asia
Gallagher to acquire minority stake in Renomia
Arthur J. Gallagher is to acquire a minority stake in Prague-based Renomia, the largest independent broker based in Central and Eastern Europe
Ed Bermuda receives regulatory approval
Re/insurance broker Ed receives regulatory approval from the Bermuda Monetary Authority for a new operation on the island
Axis Re Strategic Partners hires Hands to head Australian business
Robert Hands has joined Axis Re Strategic Partners to manage global client relationships for the Asia Pacific region
Sydney’s hailstorms loss estimate increased to $529m
Market data firm Perils has increased its loss estimate for the December 2018 Sydney hailstorms to $529m
Gallagher buys Australian consulting firm P2 Group
P2 Group to operate under the direction of Gallagher Australia’s specialty workplace risk practice
LIIBA board welcomes heads of Price Forbes and Lonmar Global Risks
James Masterton and David Pexton will join LIIBA’s board of directors with immediate effect
BGC hires Chad to launch new global aviation brokerage
Marcel Chad joins BGC’s insurance arm to launch a new global aviation and aerospace re/insurance intermediary
MS Amlin appoints senior marine underwriter in Dubai
Re/insurer MS Amlin has appointed Mary Vogiatzidou as a senior marine underwriter in its Dubai office
S&P raises Lloyd’s outlook to stable
Ratings agency S&P has revised its outlook of Lloyd’s of London from negative to stable, citing improved underwriting performance
US cyber insurance premiums increase 10% - Aon
Premiums for US cyber insurance have increased to $2.03bn, according to a recent report by Aon
Reinsurers well capitalised for 2019 Atlantic hurricane season – Moody’s
Global reinsurers are entering the 2019 hurricane season with solid capital positions to withstand potential losses, according to a recent report from Moody’s Investors Service
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