All News articles – Page 19
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NewsAon names Allen as exec MD of reinsurance capital advisory
Will Allen most recently served as CEO of London Innovation Underwriters, which he founded to deploy funds into the Lloyd’s market.
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NewsWTW, AXIS boost cyber facility with increased capacity and broader coverage
The broker has announced “strategic enhancements” to its global cyber facility, led by AXIS Capital.
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NewsEvolin launches terrorism broking facility with Chaucer
Broker facility, led by Chaucer, has a $500m limit per policy for terrorism plus optional coverages.
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NewsAscot appoints Watkins as its Bermuda head
Jason Pugi has also been named as the re/insurer’s head of Bermuda excess casualty.
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NewsCanopius appoints DeCouto and Morgan to reinsurance CUO and CFO roles
Change at the top for Canopius in Bermuda sees a new chief financial officer and a new chief underwriter join from Validus Re.
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NewsAM Best keeps ‘stable’ outlook on Gulf insurance markets
The insurance markets of the Gulf countries are broadly stable, the rating agency said in a segment report, but reinsurance was flagged as a vulnerability for local carriers.
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NewsAgile ‘syndicate-in-a-box’ starts underwriting at Lloyd’s
The new Agile Lloyd’s Syndicate 2427 is focused primarily on Australia and New Zealand, writing accident and health, aviation, casualty, construction, financial lines, and property business.
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NewsArch Insurance names Rizzi chief claims officer
Barbara Rizzi was previously head of third-party claims, and was a lawyer for Clyde & Co and Kennedys.
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NewsArgenta Syndicate Management appoints Goddard to board
Argenta Syndicate Management has said it has appointed Miriam Goddard to its board as a non-executive director.
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NewsASR launches first Africa-focused Lloyd’s syndicate
Africa Specialty Risks Syndicate 2454 will focus on African risks, which currently make up only 2% of the Lloyd’s market.
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NewsDWIC24: Phinsys wins Lloyd’s Lab ‘Dragons’ Den’ insurtech competition
Five graduate startups of the Lloyd’s Lab insurtech incubator made their pitches to DWIC 2024, grilled by questions from a panel that included Vicky Carter, deputy chair of Lloyd’s.
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NewsDWIC 2024: Insurers should be more consistent – QBE’s Horton
Insurance is more important than ever to help businesses manage escalating risks, Andrew Horton, group CEO of QBE, told DWIC 2024. However, to do this successfully, he argued that insurance companies should prioritise one of its key strengths: consistency.
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NewsDWIC 2024: ‘Climate crisis on everyone’s agenda’ – Lloyd’s deputy chair Vicky Carter
As temperatures across the globe continue to rise, the re/insurance industry must play a vital role in helping the green transition, says Vicky Carter, deputy chair of Lloyd’s and chairman, global capital solutions, international, Guy Carpenter.
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NewsGulf floods update from Guy Carpenter Cat Resource Center
Severe weather hit the Arabian Gulf, starting April 14, 2024, most severely affecting Oman and the UAE. Extreme amounts of rain brought by the storms have led to a preliminary insured property loss estimate expected to exceed $650m, which could reach $850m for the UAE.
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NewsLockton Re cyber cat report focuses on reinsurance consequences
A reinsurance broking report shines a spotlight on the consequences of a potential cyber catastrophe across the re/insurance value chain.
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NewsWhen is a technology company not a technology company? – Ebix Europe
A crucial distinction arises when a company outsources critical development tasks to third-party vendors, writes Peter Smyth, vice president, Ebix Europe.
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NewsBMS Re appoints Canavan as US COO
Reinsurance broker appoints chief operating officer with a background working at Willis Re, Guy Carpenter and AIG.
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NewsThe new PV reinsurance market hub in Dubai
There are at least ten active carriers or MGAs of political violence re/insurance operating from the Dubai International Financial Centre, one senior Dubai-based underwriter says.
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NewsValder appointed deputy CEO of Arch Insurance International
London market re/insurer Arch has appointed its former chief claims officer as the new deputy CEO of its international insurance arm.
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NewsDubai floods add to claims, reinsurance costs for local insurers – Moody’s
April storms mean claims and increased reinsurance costs for GCC insurers, according to a rating agency report.
