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Chubb’s ABR Reinsurance hires Ramlal as Underwriting Director
21st January 2019
ABR Reinsurance Capital Holdings, the self-reinsurance vehicle jointly operated by Chubb and investment management firm Blackrock, has appointed Sean Ramlal as an Underwriting Director. Ramlal joined ABR Re in November 2018 from QBE Reinsurance, where he served for the previous four years as Vice President, Treaty Underwriter. At QBE Re, he was responsible ... Read the full article
Berkshire BHSI enters UK construction, appoints SCOR’s Seamer to lead division
16th January 2019
Berkshire Hathaway Specialty Insurance (BHSI), the insurance arm of Warren Buffett’s global insurance and reinsurance company, is expanding into the UK property construction insurance market and has added Simeon Seamer to lead as Head of Property Construction, UK & Ireland from the firm's London office. Alongside property construction, BHSI's UK expansion ... Read the full article
Compre appoints Simon Hawkins as CFO
8th January 2019
Compre, the independent European re/insurance legacy acquirer, has announced the appointment of Simon Hawkins as Chief Financial Officer (CFO), effective immediately. He succeeds outgoing CFO Paul Matson, who held the role for the previous three years and completed a four-month handover to Hawkins before departing at the end of 2018. Hawkins joined ... Read the full article
Nat Re’s Allan Santos elected Chairman of Philippine re/insurers association
7th January 2019
The Philippine Insurers and Reinsurers Association (PIRA), the trade association of the Philippines’ non-life re/insurance industry, has elected Allan Santos as its new Chairman. Santos, who is President and Chief Executive Officer (CEO) of the National Reinsurance Corporation of the Philippines (Nat Re), was elected by the Board of Trustees of ... Read the full article
Hamilton Underwriting appoints Robert Vetch as CFO
7th January 2019
Hamilton Underwriting Limited, the managing agency of Syndicate 3334 and the Lloyd’s operations of Hamilton Insurance Group, has appointed Robert Vetch as Chief Financial Officer (CFO). Vetch joins Hamilton Underwriting from W.R. Berkley Corporation, where he spent the previous nine years as CFO for WRB Underwriting. He has also worked as Finance ... Read the full article
Ten re/insurers rule out support for Australian coal mine following climate campaign
20th December 2018
Ten of the world’s largest insurers and reinsurers will not provide support for the development of Adani Group’s Carmichael coal mine in Queensland, Australia, following a campaign by 73 prominent environmental organisations. The organisations, which collectively represent 76 million members, penned a letter to 30 global re/insurance companies earlier this ... Read the full article
Lloyd’s turns to IoT for marine cargo performance improvement
17th December 2018
Lloyd’s has joined six lead market syndicates - AXA, QBE, CNA, Ascot, Antaras and Beazely - on a new initiative to begin using Parsyl, a venture-backed supply chain data platform that utilises Internet of Things (IoT) technology. The new initiative is designed for products that require specialist transport and storage, such ... Read the full article
Environmental collective urges re/insurers to pull support for Australian coal mine
6th December 2018
A collective of 73 environmental organisations has penned a letter to 30 global re/insurance companies urging them to rule out any insurance services for Adani Group’s Carmichael coal mine and associated rail project in Queensland, Australia. The organisations, which collectively represent 76 million members, hope to build on the momentum of ... Read the full article
Joseph Girardi joins RSG’s WKFC and CorRisk as SVP, Specialty Casualty
4th December 2018
Ryan Specialty Group (RSG) subsidiaries WKFC Underwriting Managers and CorRisk have announced that industry veteran Joseph Girardi has joined CorRisk as Senior Vice President (SVP) – Specialty Casualty. Girardi has more than 30 years’ experience across the commercial re/insurance industry and most recently served as SVP for Ironshore Insurance Services, where ... Read the full article
Top 100 U.S. Property & Casualty Insurance Companies
23rd November 2018
The largest P&C insurers in the United States This Top 100 U.S. Property & Casualty Insurance Companies directory is based on research data from rating agency A.M. Best. Listing the top property and casualty insurance companies in the United States, this directory provides a simple way to analyse the top P&C insurance companies ... Read the full article
UN partners with 16 global re/insurers to develop climate risk assessment tools
16th November 2018
The UN Environment's Finance Initiative (UNEP FI) has announced a partnership with a group of 16 large, global insurers and reinsurers, to develop a new generation of risk assessment tools that enable the risk transfer industry to better understand the impacts of climate change on their business. The 16 companies represent ... Read the full article
Zurich anticipates $175mn Hurricane Michael loss
8th November 2018
Zurich Insurance Group has released its results for the first nine months of 2018, in which it estimates that losses related to Hurricane Michael in the fourth quarter are likely to be around US $175 million. Category 4 Michael made landfall in the Florida Panhandle on October 10th as the strongest ... Read the full article
Lloyd’s welcomes new CEO John Neal
15th October 2018
John Neal has today been welcomed by Lloyd’s as its new Chief Executive Officer; he replaces Inga Beale who has led the specialist re/insurance marketplace for the past five years. Neal, whose appointment was approved unanimously by a meeting of the Council of Lloyd’s, most recently served as Group CEO of ... Read the full article
Michael Scala appointed CUO of Asia Pacific, ArgoGlobal
9th October 2018
ArgoGlobal, a Lloyd’s insurer and member of Argo Group International Holdings, has announced the appointment of Michael Scala as Chief Underwriter Officer (CUO), Asia Pacific. Scala will report to Veronica Grigg, Chief Executive Officer, ArgoGlobal Asia. “Mike is a talented leader with experience across the Asia Pacific region,” said Grigg. “At ArgoGlobal, we ... Read the full article
Tokio Marine HCC adds trio of underwriters to Professional Risk team
26th September 2018
Specialty insurer Tokio Marine HCC has appointed James Stretton, Nicola Lowe and Andrew Matthews as underwriters within its Professional Risk team. Stretton will join Tokio Marine HCC’s London office as an underwriter from QBE, where he has spent the previous 14 years. While at QBE, Stretton was responsible for the company’s small ... Read the full article
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