All News articles – Page 163
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Froehlich joins Aspen Insurance UK as new chairman
New chairman at Aspen’s UK insurance arm is a former performance management director at Lloyd’s
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Integro CEO Behrends steps down
Andrew Behrends, chief executive of Integro Group, is stepping down at the end of the year, just two months after announcing a deal to buy rival broker RFIB
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Barrett to lead multinational general insurance at AIG
Allison Barrett joins AIG in New York from broker Willis Towers Watson
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Okumura appointed CEO of Sompo International
Mikio Okumura will report to John Charman at the Bermuda reinsurer
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Moody’s cuts European insurers’ outlook to negative
Interest rates will stay lower for longer and rises in P&C pricing are being met by claims inflation
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Praedicat launches first named peril casualty product through Lloyd’s Lab
LA-based insurtech launches Lloyd’s Lab-developed product designed for industrial and chemical product risks typically excluded or in standard covers
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AGCS appoints Williams financial lines leader
New Munich-based global financial lines appointment Allianz Global Corporate & Specialty
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Two senior Bermuda appointments join Guy Carpenter from Aon
Reinsurance broker announced several senior appointments in Bermuda
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Eight consecutive quarters of rising primary pricing – Marsh
Commercial lines insurance pricing was 8% up in the third quarter globally, according to Marsh
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Roles blur in London market under pressure – AM Best
Unsustainable costs and an evolving distribution chain are forcing London market insurers into new operating models, according to a report from rating agency AM Best
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Ed Bermuda appoints Turner chairman
John Turner joins re/insurance broker Ed Bermuda from his previous chairman role for Aon’s commercial risk solutions UK and Americas business
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Argo announces Watson to retire; Rehnberg steps in as interim CEO
Long-time CEO Mark Watson will continue to work as an adviser and board member until 30 December
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BMS appoints US property reinsurance broking chief
Broker’s new chief property officer for US reinsurance previously led Willis Re’s Atlanta office
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AM Best discusses revised stable reinsurance outlook
Rating agency used the third day of the Singapore International Reinsurance Conference (SIRC) to discuss its global reinsurance outlook
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Broker role under threat? - SIRC panel debate
A panel debate at the end of the SIRC conference asked whether traditional broking is dead and how it should evolve
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Non-life ILS amounted to $27.3bn in Q3 – Willis Re Securities
Willis Re Securities expects growth in catastrophe bond issuance from the fourth quarter and into 2020
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Argo changes reporting structure for the Americas
Bermudan re/insurer Argo Group announced a reshuffle, including a new senior hire from AIG
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RMS puts $7-11bn insurance estimate on Japan’s Hagibis
Cat modeller thinks flooding will represent about 60% of the Japanese typhoon’s total insured loss
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Asia remains “pivotal” to Neal’s Future at Lloyd’s plan
Lloyd’s CEO John Neal addressed SIRC 2019 about Asia’s place within the Blueprint One strategy for the future at Lloyd’s
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Singapore pushing itself as ILS hub; new lines added to Belt & Road consortium
A government minister’s speech at SIRC 2019 emphasised three issuances so far, encouraging more Asian cat bond business to come to the Southeast Asian city-state