All News articles – Page 12
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NewsTariffs and trade fragmentation dampen growth but re/insurance resilient - Swiss Re SIGMA study
Swiss Re forecasts global GDP growth will slip to 2.3% in 2025 from 2.8% in 2024, with non-life insurance premium growth slowing to 2.6%, down from 4.7% last year.
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NewsArch promotes Bourrut Lacouture to lead Syndicate 1955 at Lloyd’s
Ondine Bourrut Lacouture steps into the role after playing a key part in the syndicate’s development, as Arch has tripled its stamp capacity since acquisition.
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NewsOAK unveils underwriting leadership team
OAK Reinsurance has announced a series of senior appointments across its underwriting, capital, and operations teams as the firm builds on a successful launch and positions for future growth. The Bermuda-based reinsurer, which formally launched in November 2024, has already written approximately $400m in gross written premium ...
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NewsWillis and Markel launch $200m cargo facility to address rising geopolitical risk
The new facility, branded Undercover, combines multiple risk exposures into a single facility, allowing cargo owners to tailor cover for geopolitical perils such as war on land, terrorism, political violence, and confiscation.
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NewsLiberty names Fraigneau as president for Europe to lead 2030 strategy
Pierre-Edouard Fraigneau is currently chief underwriting officer for LSM Europe and Liberty Mutual Insurance Europe.
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NewsEurope and Asia outpace US in M&A surge despite global volatility, says WTW
European and Asia Pacific buyers defy geopolitical and economic uncertainty to post strong M&A returns, as North American dealmaking continues to slide, according to broker study.
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NewsMS Amlin appoints Harris to lead Natural Resources portfolio
Nicola Harris most recently served as head of energy for AXA XL’s UK and Lloyd’s business,
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NewsGallagher Re appoints Muñoz to lead global fac
Pablo Muñoz joins from rival Aon, and will be based in both London and Miami, tasked with growing the reinsurance broker’s facultative reinsurance business.
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NewsHowden Re launches Hong Kong reinsurance platform with Wong appointment
Roy Wong brings 25 years of industry experience and was most recently head of Hong Kong reinsurance at rival reinsurance broker Aon.
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NewsAI model predicts Lloyd’s syndicate performance in new HRP-ICMR white paper
A paper, and an AI model for predicting Lloyd’s carriers’ performance, applied concepts inspired by sports analytics, with underwriting returns heavily influenced by cyclical swings.
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NewsAsta takes over managing agency services for GIC Re’s Lloyd’s syndicate
Indian reinsurer appoints Davies-owned Asta to run its syndicate 1947 at Lloyd’s of London, GIC Re has said.
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NewsCedants gain ground in competitive 7/1 renewals, says Gallagher Re
Reinsurance broker’s July renewals briefing indicates a softening reinsurance market, although casualty pricing stayed largely flat.
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NewsAon: Record reinsurance capital spurs competitive 1/7 renewals
Insurers buying protection at midyear renewals benefit from improved pricing, terms and conditions as global reinsurance capital exceeds $720bn, according to reinsurance broker Aon.
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NewsMAPFRE RE strengthens leadership team with finance, group business and chairman appointments
In addition to the two senior management appointments, José Manuel Inchausti will become chairman of the reinsurance arm of the Madrid-based insurer.
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NewsManaging the risks of energy expansion – McLarens
Loss adjusters are at the forefront of managing energy claims in high-risk geographies, writes Alistar Jacob, head of London international, McLarens
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NewsWTW report: Dealmakers expect M&A rebound
HR teams risk being left behind if dealmakers’ bullishness about a wave of merger activity comes to pass, according to a new study from Willis.
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NewsHowden Re launches in Saudi Arabia
Reinsurance broker opens its doors in Riyadh with a group CEO nod towards the re/insurance opportunities created by KSA’s Vision 2030 strategy.
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NewsRising polarisation increases political risk, Willis report warns
Broker analysis links deepening divisions to growing violence and policy unpredictability in democracies across the globe.
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NewsSathanart joins Price Forbes as Asia head of property
Broker’s new head of Asia property was most recently part of the leadership team at Direct Asia in Thailand.
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NewsAscot names O’Hara deputy CUO for US financial lines
O’Hara joined Ascot in 2019 as senior vice president, cyber and professional liability
