All News articles – Page 34
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NewsKCC: What’s causing market disruption and how to fix It
Karen Clark writes on the challenge facing catastrophe modelling, and the need for a major upgrade.
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NewsTrio of Aon appointments to EMEA transportation, logistics team
Netherlands-based Jan Steven Kelder previously served as chief commercial officer for the broker’s US marine unit.
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NewsDebby insured loss capped at $1.5bn – Moody’s RMS
Catastrophe modeller Moody’s RMS’s Hurricane Debby estimate represents insured losses associated with wind, storm surge, and precipitation-induced flooding.
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NewsCyber insurance gap amid rising AI threats – Aon
An EMEA survey underpins a new cyber report from the broker, showing insurance is in place to cover less than a fifth of corporate information assets.
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NewsHannover Re adds Magee to exec board
Brona Magee joins the executive board of Hannover Re effective 1 January 2025, replacing Klaus Miller, who will remain with the reinsurer in an advisory role.
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NewsNexus hires Low as deputy head of A&H Re, targeting Asian growth
Singapore-based accident and health hire joins the re/insurance MGA from Chubb.
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NewsHowden Re and Temblor strike Turkish earthquake partnership
A new research and risk assessment partnership is announced between the reinsurance broker and earthquake cat modeller.
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NewsHurricane damage – wind or flood and why it matters
Matthew Patience, senior client solutions manager at McKenzie Intelligence Services, writes that actionable insights are now available into insurers’ total exposure from both perils at a portfolio, policy, and property-level view, within hours and days of an event taking place.
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NewsAon names Barcock aviation reinsurance leader
Ollie Barcock, the new leader of aviation reinsurance for Aon’s “Global ReSpecialty” arm, joined the broker in 2015.
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NewsHowden Re appoints Gruen head of cyber threat intel
The reinsurance broker said it wants to bolster its cyber capabilities in a dynamic market, having made a slew of hires already to add to its cyber bench.
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NewsAscot Group sticks to consistency over opportunism – CRO interview
Steve Guijarro, Ascot’s US chief risk officer maintains an aversion to taking big bets, as the re/insurer continues to prioritise a stable and diversified long-term underwriting strategy.
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NewsArch makes CFO appointment in London
Arch Insurance International appoints a new chief financial officer, who joined from Talbot in 2022.
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NewsQBE announces Desch as its country manager for Germany
Before joining QBE, Fabian Desch worked as a broker, starting his career with WTW.
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NewsGIG appoints new board led by Fairfax’s Khosrowshahi as chairman
Fairfax Financial is majority shareholder of Kuwait-based Middle East insurer Gulf Insurance Group.
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NewsHarnessing California Workplace Violence law to tame, not inflame, social inflation
The California legislation sets a powerful new standard for workplace violence prevention, and with social inflation a concern among P&C insurers the industry is now standing at a crossroads, writes Yoni Sherizen, CEO and co-founder, Gabriel Protects.
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NewsReinsurance buyers adding to cat limits in 2024 – Guy Carpenter
The reinsurance broker put out a note saying there had been “meaningful additional catastrophe limit purchased” already this year.
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NewsSpecialty veteran Boren to lead new Mosaic advisory board
Joe Boren is a former AIG and Ironshore 50-year career veteran in global specialty insurance, focused on environmental business.
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NewsClarke appointed WTW’s risk and broking president
Alongside Lucy Clarke’s appointment, Adam Garrard assumes role of risk and broking chairman at the international insurance broker.
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NewsMapfre appoints Jiménez as chief innovation officer
New head of innovation has been CEO of MAWDY, the Madrid-based group’s assistance business unit, since 2019.
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NewsRenewables showing resilience, optimism – WTW report
A report from the broking firm is upbeat on the renewable energy sector’s prospects to “weather the storm” of the risks and challenges it faces.
