All News articles – Page 2
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NewsGearing up for AI: Best practices of data management – Xceedance
Brandon Nuttall, chief digital and AI officer at Xceedance, explains why data management is essential if insurance innovators want to supercharge their businesses.
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NewsProtection gap panel calls for tenfold increase in crisis finance
Leaders call for tenfold Increase in proportion of international crisis finance that is pre-arranged to meet the cost of future crises.
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NewsArch expands international renewables business
Michael O’Neill becomes onshore power and renewables underwriting manager.
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NewsGallagher Re at 1/1: ‘tense’ casualty negotiations put onus on data; prop cat competition ‘responsible’
The reinsurance market is in a strong financial position at the 1/1 renewal, according to the reinsurance broker’s “1st View Report: Differentiation Rewarded” and an interview with Gallagher Re’s Chirag Shah.
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NewsGuy Carpenter on 1/1: ‘strong reinsurer appetite, excess prop cat capacity’
Non-loss-impacted property catastrophe renewals fell 5-15% risk-adjusted at 1/1, the broker said, but casualty reinsurance buyers experienced ”varying outcomes”.
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NewsMartin Reith to join Acrisure, Volante at Lloyd's
Re/insurance veteran Martin Reith joins as executive chairman of Volante, a Lloyd’s business with extensive MGA operations.
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NewsLockton Re launches Portfolio Solutions arm
Led by Jeff Fleming in New York, the reinsurance broker’s new unit will target ‘US programs and MGAs’.
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News‘Polycrisis’ presents insurers with ‘impactful’ opportunity – Axa UK & Ireland CEO
Plus, Aviva’s UKGI boss emphasises that insurers must ‘put our money where our mouths are’ when it comes to engaging on ‘collective goals’.
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NewsTwo-thirds of insurers plan to implement AI predictive models within two years – Earnix
The technology firm surveyed more than 400 global insurance executives to uncover technology and artificial intelligence (AI) trends, revealing that replacing legacy systems remains a significant challenge.
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News‘Inflection point’ reached in US casualty reserving – Lockton Re
Reinsurance broker’s paper highlights potential end to material adverse development in casualty lines for calendar year 2025.
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NewsAon Underwriting Managers hires new CUO
Simon Clapham, formerly of Brit and Liberty Specialty Markets, joins Aon’s MGA operation as its chief underwriter.
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NewsA new baseline for reinsurance has been reached - Everest Re
In the current environment, global risk-adjusted returns are expected to remain favorable at 1/1 and throughout 2025, says Jill Beggs, Everest Reinsurance executive vice president and chief operating officer.
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NewsAon appoints Barnes as its new claims chief
Mona Barnes previously worked at Chubb and Swiss Re; as chief claims officer at Aon she will report into Joe Peiser, the broker’s commercial risk CEO.
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NewsAmphitrite gets Lloyd’s coverholder approval
Specialist marine MGA wins final approval from the Lloyd’s market, unlocking its “enhanced access to capital”.
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NewsCaponigro appointed as AXA XL’s head of reinsurance capital management
Third party capital and insurance linked securities (ILS) hire at the re/insurer joins from AXIS Capital and previously worked at Platinum Underwriters and Everest Re.
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NewsAllianz Commercial appoints Lillelund CEO
Former CEO of Aspen Re joins AGCS from AIG where he was its regional chief exec for EMEA.
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NewsEbix announces restructuring plans after exiting Chapter 11 bankruptcy process
The US parent company for London market tech provider Ebix Europe said it is now “debt-free worldwide” and “well-positioned for the future”.
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NewsNexus US launches new ART business under Bentele
Alternative risk transfer business line launched under the leadership of Christof Bentele, president of Nexus Specialty Casualty.
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NewsAspen appoints Dunleavy as group president
A leadership restructuring sees Christian Dunleavy take the president role while Mark Pickering becomes group CFO and treasurer of the re/insurer.
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NewsHowden Capital Markets & Advisory hires MD from JP Morgan
The capital markets arm of Howden has added a new hire from JP Morgan to the London office as part of its aims “to accelerate European expansion”.
