All News articles – Page 9
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Conduit Re appoints Randolph as chief risk officer
Former CRO of Relm and Validus Re to lead Bermuda-based reinsurer’s risk strategy
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DWIC 2025 Roundtable: Why talent threats must rise up the risk agenda
Talent is not a cost centre, it’s a multi-faceted risk that requires nuanced controls but offers huge opportunities. At a roundtable hosted at DWIC 2025 by Strategic Risk Editor Sara Benwell, experts discussed why businesses must make people risk their top priority.
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High US losses narrow H1 protection gap picture: Aon
Half-year catastrophe losses top $160bn with record US insured events; More than 90% of insured cat losses have occured in the US
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Brindle and Burrows mark decade of Fidelis with growth milestones and global ambitions
Ten-year anniversary highlights include IPO, bifurcation, and $4.6bn of gross written premium
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UK moves to enter global captives market with new regulatory framework
Industry leaders at Aon and Airmic welcomed government plans to establish a competitive onshore domicile
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Arch promotes Fairs to head of agency management
Promotion at London market re/insurer strengthens Lloyd’s oversight as syndicates expand
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Alta Signa: AI, DORA and the Data Dilemma - Why Europe’s Cyber Insurance Market Can’t Afford Complacency
By Ingo Trede, European head of technical underwriting, and Audrey Louche, cyber underwriter, Alta Signa.
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AM Best: Reinsurers cautiously upbeat despite rate softening ahead of Monte Carlo
Discipline holds firm on attachment points, as the re/insurance industry digests mid-year renewals, including rate softening, recent wildfire losses, and gears up for the usual hurricane season jeopardy and the Monte Carlo rendezvous.
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MS Amlin warns US hurricane losses could surge 50% with 2°C global warming scenario
The London market re/insurer urges overhaul in pricing and resilience measures as climate risks escalate.
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DIFC roundtable at DWIC 2025: Charting the path for global strength and momentum
At a closed-door roundtable hosted by DIFC, our re/insurance experts tackled the shape of resilience across the sector – debating AI, cyber, MGAs, and Middle East growth – and why evolving risks continue to the industry’s biggest opportunities.
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DWIC 2025 roundtable: Political violence market warns of rising exposures amid falling rates
Capacity is flowing into the political violence (PV) market in 2025, but practitioners speaking at a DWIC 2025 roundtable observed the influx is suppressing rates at odds with rising risk accumulations.
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Willis names Cousins to lead London market claims strategy
Veteran claims specialist to spearhead the broker’s global engagement from London hub.
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Descartes expands into credit and political risk class
Move into CPRI by the Paris-based carrier includes a hire who joins from Coface in France and marks further diversification beyond parametric and cyber lines.
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Fidelis Partnership appoints Wells as chief operating officer
Former Arch executive to support operational integration amid expansion, including its Pine Walk MGA platform.
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Tariffs and trade fragmentation dampen growth but re/insurance resilient - Swiss Re SIGMA study
Swiss Re forecasts global GDP growth will slip to 2.3% in 2025 from 2.8% in 2024, with non-life insurance premium growth slowing to 2.6%, down from 4.7% last year.
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Arch promotes Bourrut Lacouture to lead Syndicate 1955 at Lloyd’s
Ondine Bourrut Lacouture steps into the role after playing a key part in the syndicate’s development, as Arch has tripled its stamp capacity since acquisition.
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OAK unveils underwriting leadership team
OAK Reinsurance has announced a series of senior appointments across its underwriting, capital, and operations teams as the firm builds on a successful launch and positions for future growth. The Bermuda-based reinsurer, which formally launched in November 2024, has already written approximately $400m in gross written premium ...
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Willis and Markel launch $200m cargo facility to address rising geopolitical risk
The new facility, branded Undercover, combines multiple risk exposures into a single facility, allowing cargo owners to tailor cover for geopolitical perils such as war on land, terrorism, political violence, and confiscation.
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Liberty names Fraigneau as president for Europe to lead 2030 strategy
Pierre-Edouard Fraigneau is currently chief underwriting officer for LSM Europe and Liberty Mutual Insurance Europe.
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Europe and Asia outpace US in M&A surge despite global volatility, says WTW
European and Asia Pacific buyers defy geopolitical and economic uncertainty to post strong M&A returns, as North American dealmaking continues to slide, according to broker study.