All News articles – Page 4
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NewsLSM promotes Howell to UK and MENA claims head
Sarah Howell succeeds Scott Kellers and will join Liberty Specialty Markets’ UK and MENA executive leadership team
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NewsHowden Re: LatAm renewals soften amid abundant capacity
Reinsurance renewals on 1 July were shaped by competition, over-placement and growing interest in structured and parametric solutions, Howden Re said
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NewsOpinion: Analysing chokepoint exposures after the Strait of Hormuz crisis
What 100+ days of Hormuz disruption taught re/insurance about chokepoint accumulation, writes Adam Fysh, founder of Narrows
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NewsCCR ends investment support for oil and gas expansion
Reclaim Finance said the French state-backed reinsurer is the first public reinsurer in Europe to adopt such a policy
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NewsAon appoints Reid as EMEA fac reinsurance CEO
Mike Reid joins from Sompo and succeeds Nick Fraccalvieri, who was named global CEO of facultative reinsurance in March
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NewsFCDO commits further £3m to Natural Disaster Fund facility
The additional funding will support 10 to 15 more risk transfer projects for climate-vulnerable countries through to 2030
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NewsMS Amlin joins Natural Disaster Fund as capacity partner
Lloyd’s re/insurer MS Amlin joins Hannover Re as a capacity provider, committing up to $50m of risk capacity to support climate and disaster protection across the Global South
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NewsHowden Re strengthens China reinsurance team
Houqin Zhu, Mike Xin and David Song join in senior roles covering treaty, agriculture and retrocession, with China marked as “a strategic priority” for the reinsurance broker
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NewsInsurers need production AI, not pilot AI, says Earnix CEO Gilthorpe
Insurers are under pressure to move AI from experimentation into governed, scalable decisioning across underwriting, pricing and portfolio management, Earnix CEO Robin Gilthorpe told GR
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NewsBMS opens global capability centre in Mumbai
The India centre will support BMS’s investment in data, analytics and AI capability across broking operations and client service
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NewsRGA names O’Loughlin head of Americas
Senan O’Loughlin will lead RGA’s Americas business and join the reinsurer’s executive committee
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NewsHowden Re opens Ireland office
David Carpenter has been appointed director of Howden Re Ireland as the broker expands its European footprint
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NewsAXA XL appoints Giordano as global CUO
Jeanmarie Giordano joins from Everest, succeeding Libby Benet, who has been appointed CEO of AXA XL Risk Advisory
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NewsAon launches Contract AI for reinsurance coverage analysis
Artificial intelligence platform will allow Aon brokers to assess exclusions, clauses and market trends across 15 lines of reinsurance business
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NewsBermuda focuses on innovation and diversification to build on reinsurance strength
Bermuda wants to use its re/insurance market strength as a platform for innovation, economic diversification and new business formation across insurtech, digital assets, cyber and shipping
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NewsWillis says most cyber breach losses are covered
The broker’s latest claims report analysed 5,500 cyber claims across 95 countries and around $1bn of insurer payments
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NewsPrice Forbes builds MEA fac team with two senior hires
Facultative reinsurance hires Tarek Semaan and Anthony Abi Fadel join from Gallagher Re as Price Forbes expands its capabilities in Dubai
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NewsSynthetik: data centres need engineering-based PML approach for PVT risk
Synthetik Insurance Technologies has warned that traditional political violence and terrorism modelling may fail to capture the step change in loss severity facing data centres when blast effects move from external damage to internal structural impact
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NewsGallagher Re: Florida reforms drive market softening amid quieter hurricane outlook
Reinsurance broker’s nat cat update said Florida buyers used a softer market to add protection, as the broker highlighted lower expected Atlantic hurricane activity and abundant mid-year capacity
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NewsLSM, ICEYE launch parametric wildfire cover using satellite data
Liberty and ICEYE have launched a building-level parametric wildfire solution in the US and Australia, using satellite data and automated damage assessment to support faster payouts after wildfire events
