All News articles – Page 38
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NewsVerisk estimates Beryl US insured losses in $2-3bn range
The cat modeler’s estimate for Hurricane Beryl is based on industry insured losses to onshore property from wind.
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NewsBishop appointed Aspen’s chief data and analytics officer
Expansion of technology role following AI work and recently launched data labs.
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NewsAon appoints new head of Lloyd’s capital
Ed Thomas joins from Lloyd’s to work in Aon’s reinsurance solutions capital advisory team.
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NewsGCube backs energy storage with new $100m Lloyd’s consortium
BESS consortium led by GCube and backed by six Lloyd’s syndicates will provide up to $100m in capacity for any single project across construction and operation.
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NewsSwiss Re: major economies 'robust'; set to drive insurance growth
Non-life hard market expected to continue over 2024 and 2025, as inflation and rising claims costs push rates higher, according to The Swiss Re Institute.
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NewsMosaic restructures roles to emphasise agency business
Bermuda-based Mosaic has announced a reshuffle across its underwriting and operational teams to prioritise driving the growth of its agency business.
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NewsBMS Re hires Nelson as US CFO
Reinsurance broker’s new US chief financial officer was previously an Aon UK board director.
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NewsPeak Re appoints Menezes CRO
Hong-Kong-based reinsurer promotes new chief risk officer to the role.
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NewsKita, TMK partner to provide political risk cover for carbon credit projects
Lloyd’s coverholder Kita has secured re/insurer Tokio Marine Kiln as lead capacity provider for the launch of a political risk product aimed at high-growth carbon markets.
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NewsChedid Re adds Vandendael as non-exec to board
The Middle Eastern reinsurance broker has appointed the former chief commercial officer of Lloyd’s as an independent non-executive director of Chedid Re Global Operations’ board.
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NewsInternational order ‘in decline’ – WTW political risk report
A political risk insurance report from the broker highlights the decline of consensus on the liberal international order, summarising it as at best, ‘lukewarm’.
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NewsSaudi Re completes sale of Its Probitas stake for £123m
Riyadh-based reinsurer sold its ownership stake in Probitas Holdings, Bermuda to Aviva.
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NewsAon names Silitonga to lead its Indonesia business
Based in Jakarta, Marguerita Silitonga is to lead the reinsurance broker’s efforts in southeast Asia’s most populous country.
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NewsMapfre Re appoints Estevez to lead Tokyo office
The reinsurer’s chief representative officer for Japan was previously projects expert manager at Mapfre Re’s Asia Pacific regional management in Madrid.
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NewsDWIC 2024 post event report: From Uncertainty to Opportunity
An event report on this year’s record-breaking Dubai World Insurance Congress, in association with the Dubai International Financial Centre Authority.
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NewsApollo appoints Day as new deputy CUO
New deputy chief underwriter Carl Day joins Apollo from CNA Hardy where he has been active underwriter for its Syndicate 382.
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NewsRozes joins BMS as group CFO
Broker appoints new chief financial officer and executive director who joins from IG Group and previously managed the JLT integration at Marsh McLennan.
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NewsMapfre Re gains Chinese approval for Beijing branch
The reinsurance arm of the Madrid-based insurer has gained approval from China’s National Financial Regulatory Administration.
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NewsHiscox appoints ex finance minister as Bermuda board member
The Bermuda (re)insurance subsidiary of Hiscox has a new non-exec board member, a former Bermuda government minister of finance, with 25 years of US banking experience.
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NewsSpecialist Risk Group acquires PV MGA Tristar
Terrorism and political violence focused MGA Tristar Special Risks has been bought by Specialist Risk Group.
