All News articles – Page 55
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Howden Re names Tan director, ASEAN Treaty/Retrocession
She will be based in Singapore and will report to Stephen Warwick, head of Treaty for Asia Pacific
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Ariel Re granted approval for Lloyd’s managing agent
Ariel Re Managing Agency (ARMA) will be headed up by Darren Lednor
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RIMS calls for long-term extension of NFIP
As Florida reels from Hurricane Ian, the US flood insurance program receives a brief reprieve
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Total economic damage from Ian to breach $100 billion, says KCC
Cat modeller predicts high proportion of litigated claims due to ‘tremendous amount’ of coastal flooding
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IGI names Chris Jarvis chief underwriter
Jarvis joins from Canopius Managing Agency, where he was joint active underwriter, Syndicate 4444 and 1861
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Swiss Re and Indonesia Re in digital collaboration
The collaboration will act as a catalyst for digital transformation in Indonesia’s insurance industry
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Inflation a major wildcard for Florida recovery - RMS
’Wind versus water’ claims disputes to arise post Ian, with full recovery likely to “take years”
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Canopius names Tracey Corrigan group head of change
She joins from QBE and will be based in London, reporting to Group COO Kate Roy
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Verisk pegs Ian losses at $42 to $57 billion
Ian brought significant storm surge damage, however, the flood insurance take-up on residential risks in Florida are low
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S&P predicts Hurricane Ian losses of up to $40 billion
Citizens Property Insurance Corporation has estimated it expects losses of about $3.8 billion
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Lloyd’s postpones two milestones in latest Blueprint Two update
The marketplace’s chief executive said vendor support was essential to achieve adoption milestone
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Howden hires AXA XL’s Lutgen as European COO
Lutgen will report to Luigi Sturani, CEO, Howden Europe and will be based in London
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Lloyd’s receives approval for standalone cyber syndicate
Chief of markets Tiernan confirms initial approval as market seeks ’sensible growth in a pragmatic way’
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Hurricane Ian to bring ‘near record’ insurance losses
Ian will leave insurers with their largest loss since Hurricanes Harvey, Irma and Maria in 2017, says GlobalData
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Canopius taps WTW for head of sustainability
Adhiraj Maitra will be responsible for Canopius Group’s ESG position worldwide
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QIC Global adopts Antares name and brand
QIC Global is part of the QIC Group, which is the largest insurance company in the Middle East
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Gallagher Re names David Bangs head of APAC
Most recently, Bangs was Head of Japan for Axis Re, having spent 15 years in Asia
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Optio establishes MGA and reinsurance broker in Dubai
Dr Ahmed Ramadan and Moayyad Abu Hayyeh join as CEO and CUO, A&H, from Besso Re
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Tipping towards disaster
In this ever-more destabilised world, the post-Cold War rules no longer apply, explains Dragonfly’s Henry Wilkinson
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Hurricane Ian barrels across the Florida peninsula
Two million people are without power after the 5th most powerful storm in US history slammed into the southwest Florida coast