All News articles – Page 36
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NewsR&Q reorganises to sell Accredited arm, raises $50m equity
Randall & Quilter (R&Q) said it has completed a reorganisation to separate its legacy and programme management arms, to facilitate the sale of the latter, plus a capital raise of $50-60m.
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NewsSCOR pays tribute to its chairman, Denis Kessler
It is with great sadness that GR has learned of the passing of Denis Kessler on June 9, 2023, at the age of 71. An editor’s note follows the obituary published by SCOR today.
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NewsGuy Carpenter appoints ex SCOR chief exec Rousseau to EMEA, Global Capital CEO role
Laurent Rousseau joins the reinsurance broker in a newly-created position as CEO of EMEA and Global Capital Solutions.
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NewsTurk appointed to CUO role at Lloyd’s
Lloyd’s has appointed Rachel Turk, formerly head of strategy at London market re/insurer Beazley, to a new chief underwriting officer role for the insurance and reinsurance market.
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NewsMapfre announces decarbonisation plans, 26% cut to climate footprint
Spanish insurer Mapfre is committed to reducing its operational carbon footprint by 50% and to becoming carbon neutral in all countries by 2030.
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NewsTMK forms new standalone cyber, enterprise risk division
Tokio Marine Kiln said it wants to expand its presence in the standalone cyber market.
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NewsLockton Re names new North American prop fac leader
Senior reinsurance broking appointment joins Lockton from insurer Liberty Mutual.
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NewsMasojada appointed SiriusPoint chair
Former Hiscox CEO Bronek Masojada is the new chair of Bermuda-based SiriusPoint.
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NewsGlobal cyber market rockets in value - Guy Carp study
A Guy Carpenter report reveals more than three-fold increase in cyber insurance market value in four years, and models one-in-50 and one-in-200-year event cyber loss scenarios, topping out at a $33.4bn estimated potential market loss.
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NewsNZIA receives more body blows as further insurers leave
The embattled net zero climate alliance has now lost nearly half its members.
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NewsSenior departures announced from Allianz
Change at the top for Allianz’s commercial and personal lines businesses.
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NewsTalanx acquires several LatAm companies from Liberty Mutual
German firm says acquisition will make it third largest P&C insurer in Latin America.
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NewsSCOR makes de Varenne deputy CEO and CFO
Interim CEO François de Varenne assumes the deputy CEO mantle at SCOR and also takes over the CFO position from Ian Kelly.
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NewsAspen names new head of Singapore
The re/insurer’s new Singapore leader joins from Tokio Marine Kiln, while its global head of casualty and international reinsurance relocates to London.
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NewsSCOR joins lengthening list of NZIA leavers
Parisian reinsurer SCOR has announced it is the latest re/insurance company to quit the UN-convened Net-Zero Insurance Alliance.
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NewsSiriusPoint appoints new CTO to exec leadership team
New chief technology officer Nestor Lopez to lead the Bermudian re/insurer’s data strategy.
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NewsRenRe to buy Validus from AIG for nearly $3bn
AIG is to divest its Bermudian reinsurer Validus, but will retain its Talbot Underwriting and Western World businesses, which were bought in the same deal in 2018.
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NewsSwiss Re joins exodus from NZIA
Swiss Re has abandoned the Net Zero Insurance Alliance, without giving a reason.
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NewsAXA XL names inaugural head of energy transition
Specialty re/insurer’s new head of energy transition joins the company from broking firm Aon, and spent 18 years working at energy giant BP.
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NewsHDI Global reports ‘promising’ start to the year
Talanx-owned HDI Global reported a 93% combined ratio and an underwriting profit of €141m.
