All Global Reinsurance articles in Online – Page 68
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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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Evolving black swans are making the industry nervous
Past industry action has demonstrated that insurance companies take these risks ‘very much in their stride’ - Accenture
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Suncorp reveals reinsurance program changes as it braces for further flood claims
The Australian cedant’s natural hazard allowance is expected to increase to $1.2 billion, reflecting losses to date
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Thousands evacuate as Sydney floods
Over 30,000 people have been impaced as heavy rain and flooding continues to impact New South Wales
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MS AUL names head of reinsurance and deputy CUO
Grant Baxter joins MS Amlin Underwriting Limited from Liberty and replaces Matthew Wilken, who left the firm in January
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Buyers faced “near-perfect storm” at 1 July
Alternative capital set for robust year as traditional capital decreases, states Aon
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Re/insurance has never been more valued - Lloyd’s boss
The insurance industry’s role is not just about helping clients recover but also building resilience, says John Neal
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Allianz partners with cyber MGA Coalition
Carrier will provide capacity for its US cyber insurance programs and lead Coalition’s UK cyber program when it launches
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Everest Insurance announces Property team reshuffle
Erik Nikodem is to retire as Chris Curtin is appointed head of US Property and Maria Grace is named CUO, Global Property
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Lloyd’s warning over state-sponsored cyber attacks
Cyber attacks targeting critical infrastructure rose from less than 10 in 2013 to almost 400 in 2020
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Pool Re warns of ‘perfect storm’ in geopolitics
Power games are increasingly being fought on multiple levels beyond physical conflict, including cyber warfare
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Sompo joins Net Zero Insurance Alliance
Insurance giant is the first Japanese firm to join three net zero alliances under the umbrella of the Glasgow Financial Alliance for Net Zero
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Industry must empower next generation - Glaser
“We need to amplify our talent’s potential” to meet the challenges of a rapidly evolving risk landscape, says Marsh McLennan CEO
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SiriusPoint responds to S&P’s negative watch
The departure of the Bermuda reinsurer’s chief executive and COO has prompted the credit watch
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Everest Re hires Stuhl for Global Distribution
Joe Stuhl has joined from Munich Re US to take on the newly created role of SVP of Global Distribution
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Aon Saudi Arabia appoints CEO
Samer AlFayez was previously chief executive officer of Elite Insurance and Reinsurance Brokers
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Pressure builds ahead of mid-year renewals
Most monoline Gulf carriers were not able to complete their catastrophe reinsurance treaties, including Citizens
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Argo Group makes Thomas Bradley permanent CEO
Bradley replaces Kevin Rehnberg, who has been on leave for health reasons since March 2022
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Lloyd’s MGA Aura launches parametric solution for the Caribbean
Pay-outs are based on the hurricane category that intersects the insured’s radius location (typically 40 miles)
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Everest opens shop in Singapore
The office will provide risk solutions in commercial property, energy/power and construction, casualty, financial lines, accident and health