Intelligent Insurer News
The latest news from www.intelligentinsurer.com
Updated: 1 hour 22 min ago
Lloyd's plunges to £0.4bn loss in 'exceptionally challenging' H1 on £5bn COVID-19 hit
The specialist re/insurance market reported a combined ratio of 110.4 percent in the first half of 2020.
Top executives exit Greenlight Re in leadership shake-up
The company says the move is aimed at positioning the business for 'improving market conditions ahead'.
CCRIF pays out $7.45m to Haitian government for Laura losses
The parametric insurance policy covered losses associated with heavy rainfall from tropical cyclone Laura.
Chubb names new leader of Japanese operations
The executive succeeds Brad Bennett, who has been named chief operating officer of Chubb Life.
Brit picks Allan as CEO of Lloyd’s syndicate Ki; launches search for new group CFO
The algorithmically-driven Lloyd’s of London syndicate is launching in 2021 in collaboration with Google Cloud.
Lockton Re poaches JLT talent to lead aviation & aerospace
The executive has over 20 years' experience in the London Market, having worked at JLT, Cooper Gay and MMC.
RGA appoints two new board members from PwC and AIA
The additions aim to enhance RGA's board oversight as it seeks growth opportunities globally.
BILTIR expands board of directors
The organisation has appointed CEOs of Wilton Re, L&G Re, and co-founder of Athene to newly created positions.
Mapfre unveils management reshuffle to accelerate growth in key markets
CEO Antonio Huertas hopes the management renewal will help advance its growth strategy in main markets.
Zurich names new group CUO in latest restructure to sharpen underwriting focus
The insurer is moving its group claims function under the commercial insurance unit.
Albo hires AXIS Re's Megan Thomas as Hamilton Re CEO
Pina Albo says Thomas will be a great fit; will help us leverage opportunities in the current hardening market.
COVID-19 not a capital event for reinsurance industry: Willis Re
Willis Re analysis shows that the global reinsurance capital declined only modestly in the first half of 2020.
AmTrust Title Insurance expands energy unit with new hires
The team will facilitate title insurance transactions for renewable and conventional energy projects.
Risk Capital Advisors expands into Europe with M&A specialist
The company sees the Netherlands as a growth market for M&A insurance.
Chubb launches new digital platform to streamline insurance distribution
The platform is designed to accelerate insurance adoption and improve the customer experience for its partners.
SCOR bullish on P&C rate hardening as it absorbs COVID-19 shock
CEO Denis Kessler says the pandemic is creating conditions for stronger growth with positive pricing dynamics.
R&Q picks Aon's Rastiello to lead US E&S market entry as CEO
R&Q expects to enter the US E&S programme management market in the fourth quarter of 2020.
French reinsurer CCR Re increases profit in first half 2020 despite combined ratio jump
The company has set aside COVID-19 related claims reserves of €47 million.
WR Berkley unveils executive changes
The insurer has appointed new leaders of Carolina Casualty and Gemini Transportation Underwriters.
Chedid Capital to buy African broker Ascoma
The company plans to create a large insurance broking in the Middle East and Africa market.
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