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BMS powers up upstream energy division with key hire from Alesco
Insurance
BMS powers up upstream energy division with key hire from Alesco
The new director formerly worked at Howden Insurance Brokers.   5 February 2024
WTW eyes expansion in UK affinity and embedded insurance sectors
Insurance
WTW eyes expansion in UK affinity and embedded insurance sectors
‘Affinity is an exciting and high growth area for WTW’: Chris Gingell.   5 February 2024
US insurance industry extends hiring spree into 2024, adds 4800 jobs
Insurance
US insurance industry extends hiring spree into 2024, adds 4800 jobs
5 February 2024
Reinsurance
Concerns raised over UK pension fund transfers to offshore re/insurers
Trustees flag unknown risks and ‘potentially less stringent’ regulations.   5 February 2024
Insurance
Ardonagh acquires Scottish healthcare broker as UK demand rises
Broker ‘actively exploring’ health portfolio expansion.   5 February 2024
Reinsurance
Axis sees minimal hit to reinsurance cost after liability reserve boost
Broad-based portfolio improvements since 2019 should assuage reinsurer concerns.   5 February 2024
Risk Management
‘Active insurer’ of digital risk appoints UK claims leader
Experienced hire has acted as breach response counsel for many clients.   5 February 2024
Insurance
Markel will remediate strapped casualty lines; exit worst-performers
Markel wrote parallel reserves in reinsurance on suspicion problems are industry-wide.   2 February 2024
Insurance
New US insurer enters UK market with $250m Altamont backing
The hybrid insurer to serve specialty MGU market in the UK.   2 February 2024
Reinsurance
Somerset Re hires new chief underwriting officer from Hannover Re
The CUO will oversee all new reinsurance business acquisition activities and retrocessions.   2 February 2024

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