All News articles – Page 10
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NewsArrow launches marine insurance practice led by Krause
Arrow Risk Management has launched a marine insurance practice, appointing Wayne Krause as underwriting practice leader.
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NewsAon appoints Reville to casualty cat role
Bob Reville joins from Moody’s and will help the re/insurance broker develop casualty catastrophe growth opportunities for insurers
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NewsPen hires Bryant for marine war underwriting role
Kane Bryant joins Vessel Protect from Amphitrite Underwriting as demand for marine war risk cover remains elevated
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NewsVerisk estimates Venezuela quake losses above $10bn
The June 24 earthquake sequence was the strongest to affect Venezuela since 1900, according to Verisk, striking 100 miles west of Caracas
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NewsHowden Re: Political violence market faces dynamic July renewal
Re/insurance broker Howden Re said Middle East strikes have reshaped underwriting appetite while civil unrest and active assailant perils add pressure globally
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NewsGallagher Re appoints Vohra to lead Dubai fac team
Shreyaa Vohra joins from Price Forbes and will lead Gallagher Re’s facultative business from the DIFC
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NewsEverest names Buonpane global construction head
Danielle Stewart has also been promoted to president of Everest Evolution, the company’s US wholesale platform
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NewsAon: Record reinsurance capital is supporting insurer growth
The re/insurance broker said mid-year renewals delivered double-digit pricing reductions and improved terms on property catastrophe placements
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NewsGallagher Re: 1/7 renewals favour more creative structures
The reinsurance broker said in its midyear renewals report that abundant capital and strong reinsurer returns are improving pricing while allowing cedants to reshape programmes
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NewsAIG appoints Bewlay as global CUO
Nancy Bewlay joins US insurer AIG from AXA and will report to AIG’s president and CEO Eric Andersen
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NewsFidelis Partnership launches Adroit US SME casualty reinsurance MGA
Adroit Underwriting will write across US casualty lines through Pine Walk, backed by TFP syndicates and third-party carriers
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NewsMosaic launches political risk talent programme
The new initiative by the Bermuda and London market insurer began with a forum at Lloyd’s bringing together senior political risk executives and Cambridge students
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NewsMiller appoints Plant as North American property head
Kim Plant joins the broker from Amwins as Miller continues to build its US and Canada wholesale property business
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NewsLSM promotes Howell to UK and MENA claims head
Sarah Howell succeeds Scott Kellers and will join Liberty Specialty Markets’ UK and MENA executive leadership team
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NewsHowden Re: LatAm renewals soften amid abundant capacity
Reinsurance renewals on 1 July were shaped by competition, over-placement and growing interest in structured and parametric solutions, Howden Re said
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NewsOpinion: Analysing chokepoint exposures after the Strait of Hormuz crisis
What 100+ days of Hormuz disruption taught re/insurance about chokepoint accumulation, writes Adam Fysh, founder of Narrows
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NewsCCR ends investment support for oil and gas expansion
Reclaim Finance said the French state-backed reinsurer is the first public reinsurer in Europe to adopt such a policy
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NewsAon appoints Reid as EMEA fac reinsurance CEO
Mike Reid joins from Sompo and succeeds Nick Fraccalvieri, who was named global CEO of facultative reinsurance in March
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NewsFCDO commits further £3m to Natural Disaster Fund facility
The additional funding will support 10 to 15 more risk transfer projects for climate-vulnerable countries through to 2030
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NewsMS Amlin joins Natural Disaster Fund as capacity partner
Lloyd’s re/insurer MS Amlin joins Hannover Re as a capacity provider, committing up to $50m of risk capacity to support climate and disaster protection across the Global South
