David Cary joins Brit from QBE Re, where he was head of property and casualty in Bermuda.
New syndicate-in-a-box to focus on niche and SME business written in domestic APAC markets, particularly liability, professional indemnity, accident and health, property and travel.
Spanish insurer Mapfre aims for a 95% combined ratio by the end of 2026.
Change at the top came as Hannover Re announced it had beaten its full-year earnings target; group net income rose to €1.8bn for 2023; reinsurance revenue climbed to €24.5bn; and a return on equity of 19% was “comfortably above minimum target”.
Aviva’s purchase of Probitas gives the insurer instant ‘scale’ in the Lloyd’s market, says UKGI chief executive.
Local insurers have “more skin in the game” due to the hard market for reinsurance.
Reinsurance broker Howden Tiger announces Carrie Byler has joined from rival Guy Carpenter.
Mitha joined Bermudan run-off re/insurer Compre as chief actuary for North America in 2022.
In a trio of appointments, Vanessa Hardy Pickering has been appointed chief financial officer and Lester Pun promoted to chief operating officer.
CHC Global hits major milestones to become a Lloyd’s Broker and directly regulated by the FCA.