All News articles – Page 86
-
NewsMunich Re estimates Ian loss of €1.6 billion
It has become ‘significantly more challenging’ to hit its FY profit target of €3.3 billion
-
NewsAllianz Trade names Somersan Coqui CEO and chair
It follows the departure of Clarisse Kopff to head the Europe and Latin America non-life division of Munich Re
-
NewsThomas Blunck to become Munich Re chair as Jeworrek steps down
Torsten Jeworrek who has been with the company for a total of 32 years and a member of the Board for two decades
-
NewsGallagher Re: Ian was Southwest Florida’s ‘Andrew’
Hurricane is set to be one of the costliest US catastrophe events on record; despite building code ‘success stories’
-
NewsUK specialty MGA launches for hard to place risks
The team is headed up by energy underwriter Philippe Bara and property fac underwriter Mark Palmer
-
NewsNat cats cost insurers $99 billion so far in 2022
Economic losses through the end of Q3 2022 are estimated at $227 billion, representing a protection gap of 56 percent
-
NewsSCOR appoints David Guest as head of Crisis Management
Guest was most recently Global Specialty regional leader, APAC & Middle East at AXA XL
-
NewsSwiss Re pegs Ian losses at $1.3 billion
The reinsurer estimates the total insured market loss from Hurricane Ian at $50 billion to $65 billion
-
NewsHurricane Ian will test cat bond capacity
ILS-trapped capital from Hurricane Ian is estimated at $15 billion to $18 billion
-
NewsIan will have ‘devastating impact’ on full-year underwriting results
Continued rise in interest rates will further pressure total investment returns and reported book values - Aon
-
NewsLockton Re names Oliver Brew cyber practice leader
Most recently he was part of the CyberCube leadership team and has had senior roles at Aspen, Hiscox and Liberty
-
NewsAxis Re president joins Pool Re as chief underwriting officer
The firm’s outgoing chief underwriting officer Steve Coates is set to retire early 2023
-
NewsCatastrophic floods hit three Australian states
More extreme weather is on its way with widespread rain and storms forecast across eastern Australia later this week
-
NewsZurich names Penny Seach group CUO
She replaces Hayley Robinson, who has decided to step down at the end of the year for family health reasons
-
NewsMiller appoints Matthew Hooker as regional head of Energy for Asia-Pacific
Hooker joins from Allianz Global Corporate & Specialty, where he was Asia Pacific regional head of Energy & Construction
-
NewsSiriusPoint names Steve Yendall chief financial officer
Yendall replaces current SiriusPoint CFO David Junius, who has resigned to pursue other opportunities
-
NewsUkraine ‘protection gaps’ must be addressed
Solutions for supply chain, reputation and other risks are needed to tackle ’seismic’ change - Lloyd’s and Aon
-
NewsLloyd’s finds ‘no evidence of any compromise’ following suspected cyber attack
The market has been advised that it can now restore its network services
-
NewsLiberty Specialty leads Lloyd’s project cargo consortium
Consortium 7763 will offer project cargo, heavy lifts, and cargo delay in start-up along with comprehensive risk engineering services
-
NewsJohan Slabbert appointed CEO of MSIG Holdings (US)
Veteran underwriter Andrew Carrier will take on Slabbert’s current role of MS Amlin chief executive
