All News articles – Page 166
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News AgendaNat cat losses below average at half-year point – Aon
The reinsurance broker tracked natural catastrophe insured losses of $20bn – 26% lower than the 18-year average of $27bn
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News AgendaBrit appoints insurtech veteran Birch to lead innovation
Brit has created a new head of innovation role, reporting to the insurer’s CEO
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News AgendaAon 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
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News AgendaAGCS appoints Smithson new regional CEO in São Paulo
Allianz Global Corporate & Specialty’s new regional leader for South America joins the insurer from rival underwriter Zurich
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News AgendaFive claims trends in offshore wind - GCube
Claims data from offshore wind renewables insurer show foundations, cables and natural catastrophe risks are areas of concern
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News AgendaApollo appoints Burkinshaw CUO of its Lloyd’s business
New chief underwriter previously served as chairman of specialty at Fidelis until 2017
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News AgendaInsurers nonplussed at Ogden rate review
The first review of the UK’s personal injury discount rate under the new statutory process set out in 2018 has adjusted the rate from -0.75% to -0.25%
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News AgendaAon appoints Ronda as president of its US reinsurance arm
Re/insurance broker Aon Risk Solutions has a new president of its US business, based in New York
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News AgendaHow Bahrain got overtaken in the Middle East reinsurance market
Increasingly antiquated rules and a lack of innovation have lost Bahrain its early mover advantage in Middle East re/insurance, according to a report published this week by ratings firm AM Best
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News AgendaReAssure ratings unaffected by IPO suspension - Fitch
Rating agency responds after ReAssure’s initial public offering suspended by majority shareholder Swiss Re
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News AgendaEurope’s record-setting severe weather leads Aon cat report
The re/insurance broker’s study reveals a claims cost of at least $830m for the outbreak of severe weather between 10-12 June
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News AgendaAGCS reorganises crisis management, ART leadership
Alternative risk transfer, political violence and management recall lines of business are the focus of role changes at Allianz Global Corporate & Specialty
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News AgendaGlobal premium surpasses $5trn - Swiss Re Sigma
An economic “pivot east” towards China and Asia’s emerging markets shows itself in the new record of more than $5trn of global insurance premium in 2018, according to Swiss Re
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News AgendaFidelis 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
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News AgendaPricing 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
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News AgendaMS Amlin appoints new COO
The re/insurer’s new chief operating officer’s last role was change director for UK’s the Post Office
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News AgendaBrit appoints BCG’s Cuomo to lead strategy
Brit’s new head of strategy joins the insurer from the Boston Consulting Group
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News AgendaSwiss 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
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News AgendaGallagher 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
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News AgendaEd Bermuda receives regulatory approval
Re/insurance broker Ed receives regulatory approval from the Bermuda Monetary Authority for a new operation on the island
