News

Alternative Risk Transfer

Vesttoo poaches Howden Tiger broker to head up US insurance

The executive has held senior roles at Lockton Re, Willis Re and Guy Carpenter.   3 March 2023

Insurance

Insurtech Root fires CFO of less than a year for ‘violation’ with no severance pay

It claims ‘violation of company policies’ as cause for termination.   3 March 2023

Insurance

Chubb appoints key North American financial lines leader

The appointee is a 25-year veteran of the company with prior experience at Gallagher.   2 March 2023

Insurance

Ardonagh’s Inver Re eyes global property market with MS Amlin leader

The new hire is a well-known figure in the Bermuda market.   2 March 2023

Insurance

SCOR speeds housecleaning ahead of May arrival of new chief Léger

‘The group is not put on hold,’ interim CEO François de Varenne said. ‘We accelerate.’   2 March 2023

Insurance

MGU Carbon lures 14-year Canopius underwriting vet to drive expansion plans

The MGU seeks to transform the international coverholder market.   2 March 2023

Insurance

SiriusPoint CEO Egan hails ‘transformational’ $1.3bn reinsurance deal with Compre

The move follows a comprehensive re-underwriting of SiriusPoint’s reinsurance portfolio.   2 March 2023

Alternative Risk Transfer

Beazley suffers Q1 cyber jolt on ‘messy’ market move to war exclusions

‘We don’t need more rate,’ CEO says of segment with increasing loss trend credentials.   2 March 2023

Insurance

Beazley likes property & cyber, eyes 2023 premium growth in mid-20s

Property reinsurance rate hikes to 50% and 15% in direct property can lead growth.   2 March 2023

Insurance

SCOR pins hopes on new CEO and hard market after ‘very disappointing’ 2022 loss

New CEO tasked to craft a strategic plan for its ‘sustainable return to profitability’.   2 March 2023

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