All News articles – Page 17
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NewsWillis warns of ‘profitability tightrope’ for energy insurers
Willis’s global head of natural resources, Rupert Mackenzie, warned that insurers’ profitability challenges are mounting.
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NewsSCOR denies accusation of obstructing Covéa-Partner Re merger
Paris-headquartered international reinsurer SCOR is under examination in connection with an alleged attempt by former CEO the late Denis Kessler to obstruct the 2022 takeover of PartnerRe by Covéa. The French reinsurer has denied any involvement.
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NewsDickerson joins Lockton Re to lead global legacy and retro
James Dickerson joins from rival reinsurance broker Gallagher Re, where he was global head of retro business.
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NewsTransforming exposure management: LMA’s Sanjiv Sharma interview
Earlier this year, the Lloyd’s Market Association (LMA) conducted a survey of heads of exposure management to gauge industry readiness for new technologies.
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NewsEuropean insurers face moderate tariff shock as markets tumble
Moody’s Ratings has published a report today on the impact of US tariffs on European insurers.
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NewsBMS appoints Henchoz as chairman
Broker appoints veteran reinsurance leader Jean-Jacques Henchoz, previously CEO and chairman of the executive board at Hannover Re.
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NewsPool Re makes £100m third catastrophe bond placement
Great Britain’s terrorism reinsurance fund continues to explore insurance linked securities for its retro placements, this time to the tune of $100m, with the assistance of Aon and Howden.
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NewsGAM Investments and Swiss Re strike ILS partnership
Swiss Re will co-manage GAM’s ILS funds, including around $3bn in assets under management.
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NewsMazhar returns to lead Chubb Arabia as CEO
New regional chief exec for Chubb’s business in the Kingdom of Saudi Arabia.
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NewsBouabane named Salama group CEO
Dubai insurer Salama’s new chief executive was previously CEO of AIG’s GCC and North Africa operations.
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NewsRecord earnings for ‘big four’ Continental reinsurers; discipline held amid casualty, wildfire claims
Munich Re, Swiss Re, Hannover Re and SCOR have raised their earnings targets after strong performance and €11bn of combined earnings in 2024, according to a paper from rating agency Moody’s.
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NewsJohnson takes on new technical underwriting role at Markel
Prior insurance market roles include as an active underwriter at MIC Global, and head of syndicate management at Pioneer Underwriters.
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NewsTrafford joins Howden as chief corporate affairs officer
Previously a senior advisor at Lansons, Brigitte Trafford has held senior corporate affairs and marketing roles at LSEG, Virgin Media, ICAP, ITV and Dow Jones.
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NewsAllianz Trade names Williams as new UK & Ireland CEO
Veteran exec to succeed Sarah Murrow, who moves to lead Americas region.
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NewsArch Insurance International appoints Barrett to lead cyber and health
James Barrett promoted to lead two lines at the London market insurer.
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NewsRenewals at 4/1 favour reinsurance buyers – Aon
A competitive reinsurance market saw “much improved pricing” for most buyers at the key 1 April renewal for Japan, South Korea and India, the reinsurance broker reported. Notably, the LA wildfires had little effect beyond loss-hit US insurers, according to Aon.
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NewsPool Re makes terrorism treaty transition, heralds innovation, resilience benefits
Tailored retentions can include CBRN threats, cyber physical damage, as well as conventional risks, under the new ‘bifurcated approach’ adopted by the UK’s Treasury-backed reinsurance pool for terrorism risk in mainland Great Britain.
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NewsAon names Soltysiak as Reinsurance Solutions Asia CEO
Soeren Soltysiak previously served as the reinsurance broker’s strategic growth leader for Asia Pacific.
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NewsPine Walk to launch A&H MGA with Morgan to lead it
The Fidelis Partnership’s Pine Walk MGA platform will launch a new accident and health startup “later in 2025” led by a former Beazley A&H specialist.
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NewsBreese joins HDI Global from Arch as UK cyber head
Marcus Breese joins the commercial and specialty insurer’s UK & Ireland business from rival carrier Arch.
