All News articles – Page 2
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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”.
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NewsGeopolitical tensions highlight supply chain exposures – Marsh McLennan forum
Current tensions stress the importance of understanding supply chain exposures, Lord Sedwill, a cross-bench peer from the UK’s upper house of Parliament, told the Marsh McLennan Rising Professionals’ Global Forum 2024.
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NewsOptio Appoints Soni as group CEO
The specialty MGA’s new chief executive joins from previous roles at AXA, Aon and Hiscox.
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NewsBrit appoints ex PartnerRe CEO Bonneau to Brit Re’s board
Appointment of former PartnerRe CEO Jacques Bonneau as a non-exec director to support “strategic expansion of Brit’s Bermuda presence”.
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NewsBMS appoints Trauttmansdorff as chief people officer
Ali Trauttmansdorff previously worked at global asset management firm Tiedemann Global, also working at Goldman Sachs and Rothschild.
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NewsHowden adds four hires to its aviation division
Four hires join the broker from rivals WTW and AJG and carrier Liberty Specialty Markets.
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NewsDUAL appoints Sayce as emerging products leader
The MGA announced a newly created role of head of emerging products, with the holder joining from Allianz Commercial.
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NewsDWIC 2024: A record-breaking year for the DIFC
The Dubai International Financial Centre (DIFC) saw gross written premiums reach almost $2.6bn, says Alya Al Zarouni, chief operating officer at the DIFC Authority, opening keynote for DWIC 2024, which got underway in Dubai today.
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NewsHannover ReTakaful: ‘We are fully committed to the MENA region’
Olaf Brock, managing director and CEO of Hannover Re’s Bahrain branch and Hannover ReTakaful, provided GR with a pre-DWIC Q&A.
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NewsHowden launches Red Sea cargo war risk facility
First of its kind insurance facility within an active conflict zone to protect ships and strengthen global supply chains.
