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ACORD reveals 2019 Board of Directors

28th January 2019

International standard-setting body for the insurance sector, ACORD, has announced its new 2019 Board of Directors, as well as numerous returning members. J. Spero Zacharias will continue as Chair of the Board of Directors, which consists of 27 members, including nine new Directors. ACORD President and Chief Executive Officer (CEO), Bill Pieroni, ... Read the full article

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