News
UAE insurers show strength amid storms and structural shifts – AM Best
Insurers in the UAE show signs of resilience following last year’s record rainfall, according to a new report from rating agency AM Best.
Rüede appointed CEO to lead SCOR L&H
Joining from rival reinsurer Swiss Re, Philipp Rüede also becomes a member of SCOR’s executive committee.
Helvetia Baloise merger to create Switzerland’s second largest insurer
Merger of equals will have a business volume of CHF 20bn and a market share of around 20% in Switzerland.
Ortega Lamaignère joins Nexus trade credit in Spain to lead broker partnerships
Ana Ortega Lamaignère was previously sales manager for Coface Global Solutions in Spain.
Aon reports record $38bn in Q1 insured catastrophe losses
Wildfires in California alone contributed about $38bn of insured losses, or 71% of the total, according to the re/insurance broker.
Rokstone appoints Hussey to lead DIFC office
Giles Hussey joins the international specialty re/insurance MGA in Dubai from his previous role at reinsurance broker Guy Carpenter.
Davies opens Qatar office to grow Middle East footprint
Ricky Maloney, who serves as Qatar country executive and head of the GCC region, will lead the office.
El Bahtouri and Bouanani join Specialty MGA in Casablanca
Laila El Bahtouri and Mohamed Bader Bouanani join the Middle East and African focused MGA from Moroccan reinsurer SCR.
Parametric expanding in Africa and ILS markets – GC&C’s Edwards
Simon Edwards leads parametric underwriting at Generali Global Corporate & Commercial (GC&C) in the UK, including an expanding partnership with Descartes Underwriting.
Aon: Global insurers step back from hard market stance, cyber and D&O primary markets soften
Buyer-friendly conditions are expected to continue in 2025 across key lines of commercial primary insurance buying, such as D&O and cyber business, according to Aon.
Part of the Insurance and Risk group of Newsquest Specialist Media
Published by Newsquest Media Group Limited, registered in England & Wales with number 01676637
at 1st Floor, Chartist Tower, Upper Dock Street, Newport, Wales, NP20 1DW - a Gannett company
at 1st Floor, Chartist Tower, Upper Dock Street, Newport, Wales, NP20 1DW - a Gannett company
Site powered by Webvision Cloud