All News articles – Page 183
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News AgendaAFL appoints UK CEO and prepares for North America expansion
Independent Lloyd’s broker AFL promotes its chief commercial officer to lead its UK business
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News AgendaEpic reshuffle as Guy Carp digests JLT Re acquisition
Guy Carpenter announces a slew of senior appointments across its leadership team, amid some senior exits from acquired rival reinsurance broker JLT Re
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News AgendaAtkin steps down at AIG’s Talbot; new ex-Marsh chairman appointed
Talbot Group, AIG’s Lloyd’s of London business, has announced its founding chairman Rupert Atkin is to step down from the role
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News AgendaSix ideas unveiled in Lloyd’s “bold new strategy”
CEO John Neal has unveiled his future strategy for Lloyd’s, focused on six “transformational initiatives” as well as a commitment to lower costs and simplify doing business
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News AgendaCapital deployment 5% down among reinsurers - Aon
A drop of $13bn in capital deployed among the 23 major reinsurers making up Aon’s Reinsurance Aggregate was recorded at the end of last year
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News AgendaCatlin back in the game to launch startup re/insurer Convex
Paul Brand and Stephen Catlin have launched a $1.8bn re/insurance start up, named Convex
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News AgendaThe risk landscape's shift away from easily insured threats
Politics, protectionism and unpredictability are adding to uninsurable aspects of the commercial risk landscape, according to Aon
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News AgendaThree insurers launch reputational risk consortium
A new London market consortium will offer insurance and crisis management solutions to mitigate reputational risk, with Beazley at the head of the slip
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News AgendaAl Zain appointed CEO at Bahrain’s Trust Re
Downgrade-hit Trust Re has announced a new chief executive to lead the reinsurer
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News AgendaRelentless decline in reinsurers’ underlying RoE – Willis Re report
Underlying RoE fell to 2.7% as an average across reinsurers writing natural catastrophe risks in 2018, just part of a “relentless decline since 2013”
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News AgendaAon combines its construction, engineering and inland marine teams
Reinsurance broker aligns to the approach of many carriers underwriting the three risks together
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News AgendaCovea still wants to buy a reinsurer
French insurer Covea still wants to make a reinsurance acquisition, despite its failed takeover plan for Scor
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News AgendaLatam fac combined across Marsh, Guy Carpenter and JLT
Newly branded Carpenter Marsh Fac Re will combine the broker’s facultative reinsurance business for Latin America
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News AgendaAxa could be exposed to Notre-Dame fire
French company Axa insured two of the contractors making renovations to the 12th century cathedral when fire broke out
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News AgendaReinsurers weathering the storm – Aon
A 3% drop in total global reinsurance capital in 2018 needs to be taken in the context of nearly 30% capital increase since 2011, according to Aon
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News AgendaSecondary perils are causing the bulk of cat losses – Swiss Re Sigma
Events such as wildfires and floods, so-called secondary perils for catastrophe risk re/insurers, constituted some 62% of insured losses from natural catastrophes in 2018, and more than 50% the previous year
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News AgendaAon points to rising populism and terrorism risks in Europe
A surge in support for populist politicians and an uptick in the number of attacks by far-right terrorists have created an increasingly complex risk environment for firms, according to re/insurance broker Aon
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News AgendaGallagher appoints Thompson as UK specialty, wholesale CEO
John Thompson has been announced as the new permanent CEO of Gallagher’s specialty London market and wholesale businesses
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News AgendaCat losses and investments keep London carriers out of profit
Beazley and Hiscox managed underwriting profits in 2018 due to their non-catastrophe exposed specialty classes, according to Fitch Ratings
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News AgendaDrop in downstream energy capacity
Willis Towers Watson’s energy market review traces the first decrease in downstream energy underwriting capacity since 2001
