All News articles – Page 172
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News AgendaChubb names Ortega new overseas insurance president
Juan Luis Ortega swaps his role as regional president for Latin America to lead all Chubb’s non-US business regions
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News AgendaBusti appointed Axis Re’s North America president
Swiss Re veteran Jason Busti has joined rival reinsurer Axis Re as its North American president
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News AgendaPartnerRe gets ratings boost from AM Best
Rating agency upgrades Bermudian reinsurer PartnerRe, following “prudent risk selection and retrocession usage”
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News AgendaHiscox Re-shuffle; McConnell heads to New York job
Megan McConnell has been named Hiscox’s new chief underwriting officer in the US
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News AgendaArch adds Barbican to acquisitions basket
Bermuda’s Arch Capital has bought London market carrier Barbican Group for an undisclosed sum
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News AgendaInsurtech P&C investments up 283% in 12 months; “record high” 36 reinsurance deals in Q2
This year’s Q2 was the fourth consecutive quarter during which total new insurtech funding commitments exceeded $1.2bn, according to Willis Towers Watson
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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
