All News articles – Page 39
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NewsPrudence and profligacy: two M&A studies urge caution and reveal value destruction of carrier deals
Only 52% of the last decade’s largest acquisitions among insurance carriers created long-term value for their shareholders, according to ACORD research while a WTW study suggests more caution is on the horizon.
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NewsMS Re announces new board appointments
Two appointments to the reinsurer’s Zurich-based supervisory board of directors, including a chair of its audit committee.
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NewsSwiss Re announces new Corporate Solutions CEO, Ojeisekhoba exit
Ivan Gonzalez (pictured) takes over the Corporate Solutions top job, and Moses Ojeisekhoba, the reinsurer’s CEO global clients and solutions, leaves Swiss Re at the end of August.
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NewsAon launches first comprehensive carbon capture and storage product
The re/insurance broker said its insurance solution to support energy transition is the first of its kind.
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NewsAviation insurers focused on data for improved pricing – Charles Taylor
An interview with aviation loss adjusters at Charles Taylor focused on how aviation firms and their insurers are doing more with data.
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NewsCyber reinsurance report highlights different dynamics to cat risks – Howden Re
A first-of-its-kind study from reinsurance broker Howden Re, uses data from cyber underwriters’ modelled losses for insights into the industry’s market risk tolerance.
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NewsAon names Allen as exec MD of reinsurance capital advisory
Will Allen most recently served as CEO of London Innovation Underwriters, which he founded to deploy funds into the Lloyd’s market.
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NewsWTW, AXIS boost cyber facility with increased capacity and broader coverage
The broker has announced “strategic enhancements” to its global cyber facility, led by AXIS Capital.
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NewsEvolin launches terrorism broking facility with Chaucer
Broker facility, led by Chaucer, has a $500m limit per policy for terrorism plus optional coverages.
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NewsAscot appoints Watkins as its Bermuda head
Jason Pugi has also been named as the re/insurer’s head of Bermuda excess casualty.
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NewsCanopius appoints DeCouto and Morgan to reinsurance CUO and CFO roles
Change at the top for Canopius in Bermuda sees a new chief financial officer and a new chief underwriter join from Validus Re.
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NewsAM Best keeps ‘stable’ outlook on Gulf insurance markets
The insurance markets of the Gulf countries are broadly stable, the rating agency said in a segment report, but reinsurance was flagged as a vulnerability for local carriers.
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NewsAgile ‘syndicate-in-a-box’ starts underwriting at Lloyd’s
The new Agile Lloyd’s Syndicate 2427 is focused primarily on Australia and New Zealand, writing accident and health, aviation, casualty, construction, financial lines, and property business.
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NewsArch Insurance names Rizzi chief claims officer
Barbara Rizzi was previously head of third-party claims, and was a lawyer for Clyde & Co and Kennedys.
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NewsArgenta Syndicate Management appoints Goddard to board
Argenta Syndicate Management has said it has appointed Miriam Goddard to its board as a non-executive director.
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NewsASR launches first Africa-focused Lloyd’s syndicate
Africa Specialty Risks Syndicate 2454 will focus on African risks, which currently make up only 2% of the Lloyd’s market.
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NewsDWIC24: Phinsys wins Lloyd’s Lab ‘Dragons’ Den’ insurtech competition
Five graduate startups of the Lloyd’s Lab insurtech incubator made their pitches to DWIC 2024, grilled by questions from a panel that included Vicky Carter, deputy chair of Lloyd’s.
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Online onlyDWIC 2024: Insurers need to focus on risk management and mitigation - Lloyd's' Mackinnon
The world is in a “manageable plateau of chaos”, says Chris Mackinnon, deputy regional director, Asia Pacific, Middle East & Africa, Lloyd’s, but insurers and reinsurers must adapt to help businesses survive.
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NewsDWIC 2024: Insurers should be more consistent – QBE’s Horton
Insurance is more important than ever to help businesses manage escalating risks, Andrew Horton, group CEO of QBE, told DWIC 2024. However, to do this successfully, he argued that insurance companies should prioritise one of its key strengths: consistency.
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NewsDWIC 2024: ‘Climate crisis on everyone’s agenda’ – Lloyd’s deputy chair Vicky Carter
As temperatures across the globe continue to rise, the re/insurance industry must play a vital role in helping the green transition, says Vicky Carter, deputy chair of Lloyd’s and chairman, global capital solutions, international, Guy Carpenter.
