News – Page 4
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Pool Re launches SME market consultation to boost terrorism coverage
Great Britain’s terrorism risk re/insurance pool, backed by the Treasury, has launched a consultation focused on insuredness among small-to-medium-sized enterprises (SMEs).
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Lockton Re appoints Meyer to lead its specialty division
Tom Meyer joins from rival reinsurance broker Gallagher and takes over the London market role from Paul Upton, who will chair the division.
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Miller moves into M&A risk market with MASS launch
The re/insurance broker has established a new M&A and strategic solutions team.
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Cyber cat in focus at InsTech Exponential Risk event
The evolving cyber risk landscape was a topic of discussion at this week’s InsTech Exponential Risk event in London.
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Lloyd’s CUO Turk on leadership, data, and underwriting discipline
The Lloyd’s market stands at a critical juncture, balancing underwriting discipline with market evolution, Rachel Turk told InsTech Exponential Risk yesterday.
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AXA XL appoints Gleises as Asia CEO
Regional CEO continues to be based in Singapore, previously served as head of distribution and CEO of Continental Europe.
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Lockton Re appoints Paire to lead capital advisory practice
Eric Paire joins from Aon, where he was head of capital advisory for nearly seven years.
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Pool Re completes $3.5bn expanded retro placement
A new retrocession programme with more than 60 reinsurers, including Hannover Re and MGA Fidelis Partnership, provides £2.75bn of aggregate excess of loss cover, increased from £2.4bn of protection previously.
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QBE appoints Aon veteran Stanser to lead its European distribution
Maths Stanser is a previous chief commercial officer and head of financial institutions at Aon, before joining QBE in 2018.
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Argenta Syndicate Management appoints Wilson deputy chair
Bain & Company veteran Paul Wilson also appointed non-exec director of Argenta Holdings.
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Optio expands into Scandinavia with Norwegian marine MGA acquisition
Specialty MGA has bought S Insurance, a Bergen-based marine hull insurance MGA, for an undisclosed sum.
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Threats to assets and people dominate crisis management landscape – WTW
Political repatriations, kidnap and malicious risk threats dominate the crisis management landscape, according to Willis.
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BMS Re makes two senior London market hires
Two senior non-marine reinsurance brokers join BMS Re from rival intermediary Howden Re.
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Fires, hail and shifting risks in renewable energy: GCube’s McLachlan interview
GCube Underwriting’s CEO on wildfire insurance, battery storage risks, and the pricing challenges for insuring renewables.
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LatAm ends 2024 with 502 insurtechs, despite challenges – MAPFRE
Insurtech funding in LatAm reached $92m last year, down 38% on the previous year, but the second half also saw a 156% rebound compared with the first half of 2024.
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Robic takes regional president role at Chubb EMEA
She succeeds David Furby, who has been named executive chairman, both effective 1 April.
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Munich Re appoints Hanh P&C treaty head for India & SE Asia
Hanh Nguyen will succeed Joachim Zagrosek from 1 March after serving as deputy.
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The re/insurance implications of geoeconomic fragmentation – Geneva Association webinar
The industry faces unprecedented challenges, but also opportunities, as global trade tensions rise and economies shift towards protectionism, according to an online discussion hosted by the Swiss think-tank for global re/insurance CEOs.
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Price Forbes Re hires Sherman in newly created alternative risk capital role
Joining from rival broker Aon, senior hire of Sherman Power aims to bolsters US reinsurance capabilities.
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Dark clouds: aviation re/insurance market update – WTW
Underlying factors offer few indications the market will harden in the first half of 2025 and early reinsurance renewals suggest direct insurers are receptive to negotiation as momentum from Q4 shows little signs of abating, according to WTW.