News

Insurance

Sompo nabs Berkshire professional lines leader with WTW/AIG pedigree for Asia

It is first in a series of senior hires for expanding commercial insurance business in Asia.   2 August 2023

Insurance

Meta Pixel: the tiny fragment of code causing big concerns

Litigation around sneaky third-party tracking tools may just be the tip of a larger risk iceberg, warns Dan Fox, senior underwriter for cyber at Markel International.   2 August 2023

Insurance

Chubb hiked retentions but held limit in cat reinsurance treaty

The overall cut in reinsurance coverage runs against a 17% hike in long-odds PML.   1 August 2023

Insurance

UK flood risk pool Flood Re names successor as founder plots Sept. exit

New chair is known from public infrastructure, utilities, financial services, and transport.   1 August 2023

Insurance

KYND appoints former Munich Re exec as adviser

The new recruit will offer strategic counsel to KYND's executive team.   1 August 2023

Alternative Risk Transfer

Vesttoo cuts staff to ‘regain our footing’ from collateral fiasco

The firm must ‘return its focus to core services’ and slash costs for survival.   1 August 2023

Alternative Risk Transfer

Aon faces first client lawsuits on Vesttoo collateral fiasco

Aon may question 'alleged duty to procure appropriate letters of credit' for clients.   1 August 2023

Insurance

Liberty Mutual plucks casualty guru from Axis Re for top global role

The new hire had led Axis Re EMEA casualty from Zurich for more than a decade.   1 August 2023

Insurance

Howden promotes recent acquisition to top post in India for new growth

The new CEO has been tasked with a hiring spree as the broker reaches for local podium.   1 August 2023

Insurance

Lloyd’s shuts down string of European branches

Business in vacated countries still sought via open market placements and coverholder endeavours.   1 August 2023

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