News – Page 82
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NewsGallagher Re names Steve Bowen chief science officer
He joins following 15 years at Aon, where he most recently served as managing director and the head of Catastrophe Insight
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NewsBasi: Ukraine is the ‘Hurricane Andrew’ of the specialty markets
Industry must brace for profound changes ahead as economies shift away from globalisation after three decades
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NewsAriel Re: It’s time to stop selling Ferraris at Ford pricing
Reinsurer’s Joel Willens expects to see a further reduction in appetite for property cat going into the renewal season
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NewsLondon market has ‘real opportunity’ to be ‘an innovator’ for climate change transition risks
Brokers, insurers, regulators and markets all have a role to play in supporting the transition to net zero carbon emissions, says professional services firm partner
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NewsHiscox Re and ILS reports profitable H1 in 2022 despite US and Australia weather events
H2 is off to a positive start as well because it is ‘the first time in 25 years we haven’t had named storms make landfall since August’, says chief underwriting officer
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NewsDon’t miss the transformation boat - Xceedance
Times may be uncertain, but reinsurers must continue to invest in both quick wins and longer term transformation projects
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NewsAon names Jeremy Goodman UK president, Reinsurance Solutions
He replaces Nick Frankland, who will now focus fully on his role as chairman of Aon’s Strategy and Technology Group
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NewsCyber capacity flags despite reinsurance sector ‘starting to get its hands around’ this risk
Reinsurance chief underwriting officer states that systemic risks are ‘beyond the insurance and reinsurance industries’ alone
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NewsSwiss Re takes drastic action to cut RVS carbon footprint
There is a very obvious impact from climate change on secondary perils after a summer of extremes
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NewsSCOR UK names Chris Beazley CEO
The former MS Amlin CEO takes over from Stuart McMurdo, who was appointed CEO of Reinsurance in June, replacing Michel Blanc
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NewsHiscox Re is ‘looking forward’ to continued hard market – Matthew Wilken
Reinsurer’s chief underwriting officer emphasises that inflation ‘doesn’t scare us’
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NewsBMS Re Bermuda taps Gallagher Re Bermuda for CEO
McDowell joins BMS Re from his most recent role as CEO of Gallagher Re Bermuda (formerly Willis Re Bermuda)
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NewsLockton Re is ‘fixated on culture’ – Tim Gardner
Alongside a strong culture focus, the reinsurance broker is also ‘born digital’, homing in on cloud-based tech rather than ’30-year-old legacy systems’, says global chief executive
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NewsLockton Re’s new capital markets division plans ‘to be as agnostic as possible’ for clients
Broker chairman says ‘we’re a better firm if we have capital markets capabilities’
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NewsReinsurance pricing correction ‘unavoidable’ - Hannover Re
Large loss trend, pandemic and rising inflation require further improvements in prices and conditions, insists reinsurer
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NewsMS Amlin loses ‘Amlin’ name in rebrand
’MS Reinsurance’ will continue to underwrite from its platforms in Zurich, Bermuda, Miami and New York
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NewsRenewals in specialty market ‘incredibly complex and challenging’ due to Russia-Ukraine conflict
Despite 1 January renewals being ‘orderly’, following the onset of the war, many specialty coverages ‘were excluded post-April’
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NewsUpcoming renewals will be ‘much more challenging’ due to inflation – Munich Re
The demand for capacity ‘will be an issue’ at the next renewal too, says reinsurance chief executive
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NewsPERILS adds European flood to its repertoire
Demand is growing for industry loss triggers as cedants seek alternatives amid the ongoing hard market - CEO Hitz
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NewsClimate change discussion is ‘more urgent than ever before’ to gain independence from Russia
Reinsurer cites dual motivations as to why climate change and the transition to net zero carbon emissions needs to be pushed up global agendas
