Articles

Insurance

Convex will benefit from 2020 hardening triggered by losses and Lloyd’s crisis: Catlin

The market is now well overdue a fundamental correction in pricing, something Stephen Catlin will look to capitalise on with his new venture Convex Group, unveiled yesterday (Tuesday May 1). He claims that losses in the industry have been so severe in recent years they are on the verge of destroying capital – something that should prompt a radical change.   1 May 2019

Insurance

Aon: reinsurance ‘resilient’ despite unprecedented nat cat losses in 2018, 2017

Reinsurance sector earnings have remained buoyant in the face of unprecedented natural catastrophe losses over the past two years, Aon’s Reinsurance Aggregate (ARA) report has found.   1 May 2019

Insurance

THB nabs new binding authority director from Pen Underwriting

Specialist re/insurance broker THB Group has recruited Steve Ford as strategic binding authority director.   1 May 2019

Insurance

Willis Towers Watson appoints new UK & Ireland leader for insurance consulting and tech business

Broker Willis Towers Watson has appointed Tammy Richardson to take on the role of UK and Ireland leader for life and property and casualty (P&C) in the company’s insurance consulting and technology business.   1 May 2019

Insurance

BMS hires CFO from JLT Re to drive next phase of strategic expansion

Specialist re/insurance broker BMS Group has appointed Nick Moss as its new chief financial officer (CFO), reporting to CEO Nick Cook.   1 May 2019

Insurance

Munich Re appoints Von Bomhard as new chairman of supervisory board

Reinsurer Munich Re has elected former CEO Nikolaus von Bomhard as the new chairman, and Anne Horstmann as deputy chairman of the supervisory board.   1 May 2019

Insurance

Argo extends CFO Jay Bullock's contract to 2023

Bermuda-based specialty re/insurer Argo Group International Holdings has extended the contract with its executive vice president and chief financial officer Jay Bullock until April 25, 2023.   30 April 2019

Insurance

PWC: value of US insurance M&As drops in Q1 despite rise in transactions

US insurance sector deal value dropped in the first quarter of 2019 compared with the same three months in 2018, research from PWC revealed, despite a “surge” in the number of M&As among property and casualty companies.   25 April 2019

Insurance

Moody’s probes solvency regime transparency in China and Japan

Analysis of the solvency regimes in China and Japan suggests that both countries will benefit from developments that make them more transparent, a report from Moody’s has said.   25 April 2019

Insurance

Markel adds JLT trade credit, political risk underwriter in Singapore

Specialist insurer Markel International has appointed Lee Zong Wen as assistant underwriter in its trade credit and political risk team in Singapore.   25 April 2019

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