Reinsurance News
Specialist managing general agent (MGA) OneBefore has launched its travel insurance product, ‘Beyond Travel Insurance’ on Aneevo, the travel insurance broker distribution platform formerly known as Just Travel Cover wholesale. Beyond Travel Insura...
Posted: Apr 12, 2024
Nearly 60% of organisations are not treating ethical risks related to artificial intelligence (AI) separately from other ethical concerns, according to a recent survey conducted by Airmic, a UK association for risk and insurance professionals. In...
Posted: Apr 11, 2024
Optalitix, a specialist in data analytics solutions, has announced a partnership with Juniper, a reproductive health insurance provider, employing its online product, Optalitix Models, to efficiently promote Juniper’s new offering through qu...
Posted: Apr 11, 2024
Berkshire Hathaway Specialty Insurance (BHSI) has announced the promotion of Vice President of Multinational Amy Bowman to Head of Multinational, a Boston based role. Bowman brings more than two decades of experience as an attorney and insurance l...
Posted: Apr 11, 2024
Dawn Miller has been appointed Chief Commercial Officer (CCO) of Lloyd’s and Chief Executive Officer (CEO) of Lloyd’s Americas. Marc Lipman has been appointed President of Lloyd’s Americas taking over the role from Hank Watkins, who will be...
Posted: Apr 11, 2024
The Insurance and Reinsurance Legacy Association (IRLA) has announced the launch of its new chapter in Bermuda, which is set to provide a platform for members to network, share best practices and access professional development opportunities acros...
Posted: Apr 11, 2024
Global insurance provider, RSA Insurance, has unveiled its new regional trading structure ahead of the integration of NIG on May 1, 2024. According to the firm, this next step in evolution of RSA’s Commercial Lines business is based around three p...
Posted: Apr 11, 2024
A recent report from Allianz Commercial highlights growing concerns surrounding the surge in elections scheduled for 2024, which could potentially escalate the risks of political violence and result in significant insured losses. Srdjan Todorovic,...
Posted: Apr 11, 2024
Carbon Underwriting, a specialist independent managing general underwriter (MGA) and Lloyd’s syndicate, has announced the appointment of Rob Crocker as Active Underwriter, effective April 2024. An expert in professional lines underwriting, Crocker...
Posted: Apr 11, 2024
As per Gallagher Re’s Florida Market Watch Report for 2023, all subgroups of selected insurance companies that derive a majority of their premiums from the state’s personal property market witnessed growth in direct premium written (DPW) in...
Posted: Apr 11, 2024
Farmers Insurance has recently announced the appointment of Eric Coleman as the new President of Business Insurance. In his new role, Coleman will directly report to Raul Vargas, CEO of Farmers, and assume responsibility for spearheading commercia...
Posted: Apr 11, 2024
Argo Group has appointed Julie Saunders as SVP, Head of Inland Marine, where she will reportedly oversee the lines underwriting team and develop innovative marine insurance solutions to meet client needs. Saunders holds two decades of industry exp...
Posted: Apr 11, 2024
Nearly three-quarters (73%) of insurers currently invest in private markets, or plan to do so in 2024, while nearly four in 10 (39%) are aiming to increase their private market allocations, according to Mercer and Oliver Wyman – businesses o...
Posted: Apr 11, 2024
Guy Carpenter, the global risk and reinsurance specialist and a business of Marsh McLennan, has appointed Richard Chu as Managing Director, Credit, Bond & Political Risk, Global Specialties, effective immediately. Chu will be based in Singapor...
Posted: Apr 11, 2024
Risk Theory, a privately held specialty lines insurance manager, has launched Amherst Specialty Insurance Company. Amherst is a Texas domiciled and a wholly-owned affiliate within the Risk Theory group of companies, and is an authorized surplus li...
Posted: Apr 11, 2024
Global insurance and reinsurance brokerage Aon has appointed Mike Pedel as its new Head of Global Benefits, effective immediately, based out of London. Pedel will report to Lambros Lambrou, Human Capital Chief Executive Officer, and will join the...
Posted: Apr 11, 2024
Sayata, a marketplace for insurance brokers and carriers, has recently launched the Sayata Risk Engine: an AI-powered platform designed to revolutionise risk assessment and underwriting for insurance carriers and MGAs. Asaf Lifshitz, Co-Founder an...
Posted: Apr 11, 2024
Hong Kong-based global reinsurer Peak Re has expanded its Structured Solutions team to enhance product diversity and deliver customised reinsurance solutions to both its Property & Casualty (P&C) and Life & Health (L&H) clients. Th...
Posted: Apr 11, 2024
Acies MGU, the technology and data-driven managing general underwriter (MGU), has launched Phoenix Specialty, a new specialist managing general agent (MGA) serving the construction sector. The MGA will be led by managing director Tim James, subjec...
Posted: Apr 11, 2024
Sompo has appointed Hideo Nakano as Head of Japanese Interest Accounts (JIA), Asia Pacific (APAC), with effect from April 1, 2024. In this newly created role, Nakano-san is tasked with leading the JIA teams across the APAC region to drive strategy...
Posted: Apr 11, 2024
India’s General Insurance Corporation Reinsurance (GIC Re) continues to focus on growth within its domestic portfolio following strong April 1 2024 renewals, says Ramaswamy Narayanan, Chairman & MD of GIC Re, in an interview with CNBC TV...
Posted: Apr 11, 2024
Bermuda-headquartered energy insurer Everen Limited’s shareholders, at its Annual General Meeting (AGM), elected a new Board of Directors who will serve until March 2025. The newly elected Board convened and appointed John Weisner as the Chair of...
Posted: Apr 11, 2024
Protective Life Corporation, a U.S. subsidiary of Dai-ichi Life Holdings, Inc., has revealed that its principal subsidiary, Protective Life Insurance Company, has agreed to acquire ShelterPoint Group, Inc. ShelterPoint is a provider of statutory d...
Posted: Apr 11, 2024
AXIS Capital has announced that Alistair Robson, Head of Underwriting for AXIS Global Markets, and Chief Underwriting Officer (CUO) of AXIS Managing Agency, has decided to retire. The company has confirmed that he will leave AXIS at the end of Jun...
Posted: Apr 10, 2024
Direct Line Group has hired Aviva’s Jane Poole as Group Chief Financial Officer (CFO), subject to regulatory approval. In an announcement made by the company, it was revealed that Poole will join the Board in October 2024, succeeding Neil Ma...
Posted: Apr 10, 2024