News

Insurance

Canopius lures former AXA XL reinsurance chief to tap ‘attractive’ market

He will join Canopius as new global head of reinsurance and Bermuda CEO.   13 July 2023

Insurance

AXIS dives into US marine cargo market with AIG expert; eyes profitable growth

Ex-AIG senior marine underwriting specialist to lead its launch in the US.   12 July 2023

Insurance

Obsidian swoops on Swiss Re for new chief underwriting officer

The exec was head of the regional and national MGA practice at Swiss Re US.   12 July 2023

Insurance

AXA mulling reinsurance unit sale amid increasing cat exposure: report

The company had been looking to adjust its appetite in the property-cat space.   12 July 2023

Insurance

Cat bonds can’t dent hard market; competitive capital still tight

Lack of new market entrants or collateralised reinsurance means no downward price pressure.   12 July 2023

Insurance

Aon shakes up Reinsurance Solutions UK leadership structure

The simplified model is aimed at enabling better business decisions and value to clients.   12 July 2023

Insurance

Swiss Re reveals ‘preferred’ successor to outgoing chair Ermotti

Emphasis on a ‘nimbler’ and ‘simplified’ organisation, highlights new chair.   12 July 2023

Insurance

Steve Hearn to replace Bronek Masojada as PPL chair after Ardonagh exit

He aims to create a market that will be ‘better, faster and cheaper’.   11 July 2023

Insurance

Ardonagh’s Inver Re launches Bermuda SAC, collateralised reinsurance vehicle

It will enable the group to offer segregated accounts, or ‘captive cells’.   11 July 2023

Insurance

Florida’s Citizens puts reinsurance to $5.4bn at ‘significant’ price hike

Total risk-adjusted price increase for 2023 placements hit 25%, gross ROL at 12.7%.   11 July 2023

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