All News articles – Page 5
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NewsHowden Re expects disciplined growth and gradual softening in credit and political risk market
Strong demand from banks and corporates continues to underpin performance as CPRI underwriting standards and talent constraints limit downside risk
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NewsBeazley board rejects Zurich’s £7.7bn approach as ‘materially undervaluing the business’
Insurer says Zurich’s proposal fails to reflect long term prospects and points to strong returns underwriting performance and capital strength
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NewsSevere convective storms emerge as costliest insured peril of the century, Aon says
New report shows frequent weather events are reshaping loss patterns and reinforcing the need for physical and financial resilience
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NewsUS dominates ‘manageable’ $129bn claims burden in 2025 – Gallagher Re
Lower aggregate losses mask persistent volatility and widening protection gaps across vulnerable regions
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NewsCellura and Gallagher take senior fac roles at Everest
Two appointments strengthen leadership of global facultative and hybrid reinsurance platform
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NewsAM Best shifts global reinsurance outlook to stable after soft 1/1 renewals
Ratings agency points to accelerating softening in property reinsurance, persistent casualty pressures and elevated catastrophe losses, while noting robust capital positions and continued underwriting discipline
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NewsHua promoted to lead LSM war and terrorism in LatAm and US
Lillian Hua steps into a senior regional role overseeing Liberty Specialty Markets’ war and terrorism offering across Latin America and the US
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NewsWilson takes outwards reinsurance role at MS Amlin
Internal promotion to lead the re/insurer’s strategic direction and day to day leadership of its outwards reinsurance function across London, Dubai and Singapore
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NewsLloyd’s Patriotic Fund becomes Lloyd’s Veterans Charity
Founded in 1803, the charity’s lead donor is the Corporation of Lloyd’s, linked closely with the Lloyd’s market, City branch of the Royal British Legion, and the Lloyd’s Military Network
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NewsZurich reveals £7.7bn bid to buy Beazley
The Swiss insurer went public today with a possible £7.7bn ($10.3bn) cash bid for Beazley, lifting the price after an initial approach was rejected by the London-listed specialty carrier
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NewsLiu to lead QBE Re 'Greater China' role
Singapore-based role at QBE Re to be held by former Munich Re and SCOR executive Sven Liu
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NewsGallagher Re: California wildfire risk recalibrated for north-south dynamics
The reinsurance broker’s analysis shows Northern California now accounts for roughly half of the state’s average annual wildfire loss, even as Southern California remains the source of the most extreme and costly events
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NewsFrankland appointed non-exec chairman at Price Forbes Re
Former European CEO at Guy Carpenter joins rival broker Price Forbes Re as non-executive chairman, pending regulatory confirmation
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NewsESA and Liberty Mutual Re explore space-enabled parametric covers
The European Space Agency has teamed up with reinsurer Liberty Mutual Re to explore new avenues for climate risk parametric risk transfer
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NewsLine joins CFC as chief underwriting officer
CUO Nick Line swaps Markel International for CFC as the company suggests growth ambitions
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NewsWillis and Synthetik expand political violence modelling partnership
Willis expands its partnership with the technology firm across the specialty broker’s client advisory for PV and terrorism risks
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NewsSwiss Re: AI boom reshapes risk, but leaves insurers exposed
Artificial intelligence is driving growth in new insurable assets and transforming insurers’ operations, but Swiss Re Institute warns that economic fragility, new liability risks and competitive pressures could torpedo profits
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NewsATA launches $750m AI infrastructure risk facility
Advanced Technology Assurance has launched an insurance consortium of up to $750m to underwrite the global AI infrastructure build-out, backed by a consortium of more than 10 re/insurers and Lloyd’s syndicates
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NewsChaucer reshapes Singapore leadership with Loh, Bryan appointments
Chaucer has appointed Les Loh as CEO Singapore and named Dan Bryan to lead its Asia Pacific reinsurance business, as the China Re-owned group strengthens its regional leadership team
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NewsNiyam secures Lloyd’s nod for India-focused syndicate
Niyam Group has received in-principle approval from Lloyd’s to establish a new syndicate, as it looks to deploy disciplined reinsurance capacity into India and other high-growth markets across Asia and Africa
