News

Insurance

Optio’s new CEO is 25-year Chubb veteran who had ‘major impact’ on its growth

The Hartford recruit initially joined as managing director back in March 2022.   27 February 2023

Alternative Risk Transfer

Ariel Re’s ‘environmentally-friendly’ cat bond Titania Re III has innovative carbon offset feature

Titania Re III will provide $125 million of collateralised reinsurance cover.   27 February 2023

Insurance

SiriusPoint faces final year of transition on path to profit targets

Final pieces of re-underwriting due for profit puzzle; investment gains may be locked in.   24 February 2023

Insurance

Insured losses from Turkey’s massive earthquakes to top $5bn amid $25bn economic toll

Losses in Syria are not even included in the estimates.   24 February 2023

Insurance

QBE builds out cyber leadership in line with growth moves

The re/insurer sees cyber as a key opportunity to accelerate growth.   24 February 2023

Insurance

AXA XL to slash nat cat at reinsurance unit 35% to hold line for group

The reinsurance unit is called on to counteract the impact of inflation & 1/1 on nat cat budget.   24 February 2023

Insurance

SiriusPoint’s new CEO ‘not complacent’ after it swings to massive 2022 loss

But claims it has rebalanced reinsurance book away from volatile property cat business.   24 February 2023

Insurance

P&C rates may be taming, but commercial property broke the leash: CIAB

Price spike for commercial property knocks cyber from rate-driving leaderboard.   24 February 2023

Insurance

Chubb seeks to make ‘positive impact’ with new global climate business and leadership

Three executives have joined the leadership of newly launched Chubb Climate+.   24 February 2023

Insurance

Former Alleghany/Chubb veteran offered board seat at White Mountains

The former president and CEO of Alleghany Corporation to join WTM board.   24 February 2023

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