All News articles – Page 3
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Gallagher Re makes leadership appointments in China
Reinsurance broking firm makes new appointments in Lou and Xia.
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Ariel Re hires Partington Howarth as chief capital officer
Partington Howarth rejoins Ariel Re from rival reinsurer Axis Re, where she had been CUO.
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Insurance sector ‘perfectly positioned’ for carbon removal action – Swiss Re
Swiss Re’s senior risk manager advises underwriters to not be ‘scared’ of providing cover for carbon removal
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QBE International names Rob Stone CFO
He was most recently managing Equator Re, QBE’s inward reinsurance facility, before stepping in to run the Finance, Actuarial and Legal function
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Chedid Re opens shop in Paris
New French office will support the group’s strategic expansion into the European market
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Hurricane Fiona threatens Bermuda as a cat 4
After a remarkably quiet hurricane season to date, Fiona is gaining strength as it passes over Grand Turk Island
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Global reinsurers split on nat cat risk
Around half of the top 21 have retrenched, with others increasig their exposure to natural catastrophe risk, finds S&P
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European wildfires rise 75% YOY
As wildfires have only recently been considered a material peril, the modelling is not as developed, finds Chaucer
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US MGA market hits $70 billion
Growth in 2021 was well in excess of the robust growth achieved in the P&C market as a whole, finds Conning
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Howden launches dedicated capital markets business
Mary O’Connor will lead the new unit, joining from KPMG where she was acting CEO
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Gallagher Re & Africa Re partner to tackle Africa’s protection gap
Regional drought conditions and the global political environment call for prompt action around resilience and risk transfer solutions
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WTW expands European D&F team
Victor De Jager joins from AGCS as head of Property for Europe, based in Amsterdam
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Rates up 20% to 30% at ‘Florida book’ renewals
Some carriers are exiting business to make their catastrophe reinsurance more affordable
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Orderly renewal at 1 April - Gallagher Re
Capacity largely sufficient in most classes as inflation becomes a key topic
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Reinsurance sector retains stable outlook - AM Best
Hardening trend is expected to continue in 2022 after major cat losses in 2021
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Lloyd’s boss John Neal hospitalised after cycle accident
The executive team will lead Lloyd’s while Neal recovers
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Hannover Re makes insurtech innovation platform hr | equarium openly accessible
hr | equarium has so far been used on a regular basis by more than 700 clients of Hannover Re from over 100 countries
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Lloyd’s of London names inflation its ‘second biggest challenge’
Inflation is rising but it will not be a huge problem for insurers if they are proactive says chief financial officer
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Lloyd’s of London brands ongoing Russia-Ukraine conflict a ‘major loss’
Lloyd’s boss admits some claims could take years to settle but believes that the marketplace is in a strong position to withstand this