News

Insurance

Aspen reduces loss in Q3 ahead of Apollo takeover

Bermuda-based Aspen Insurance Holdings has reduced its loss in the third quarter of 2018 as the company experienced a lower catastrophe impact.   25 October 2018

Insurance

Universal to pass hurricane Michael loss to reinsurers

Florida-based Universal Insurance Holdings is passing the expected $300-350 million gross losses and loss adjustment expenses from hurricane Michael almost entirely to its reinsurance panel.   25 October 2018

Insurance

Mexico’s insurers can absorb hurricane Willa losses

Mexico’s insurance industry overall remains well-capitalized and can absorb the financial impact generated from Hurricane Willa, according to AM Best.   25 October 2018

Insurance

Chubb reveals new risk management, global A&H leaders

Property/casualty insurer Chubb has named Keith Higdon as president of ESIS, the company's risk management solutions division, and Joe Vasquez as new head of global accident and health insurance business.   25 October 2018

Insurance

Aon taps senior hires from AXA, Howden

Aon has made two senior hires from Howden and AXA for its private clients division.   25 October 2018

Insurance

UnipolRe hires senior underwriter from Canopius

UnipolRe, a Dublin-based reinsurer backed by Italian insurer UnipolSai Assicurazioni, has appointed Thierry Pelgrin as a senior underwriter for France, DACH, Belgium, Southern Europe & the Central and Eastern Europe (CEE).   25 October 2018

News

Swiss Re prepares for future growth markets in Europe

To secure growth in Europe, Swiss Re is taking a more holistic and innovative approach, the firm’s Russell Higginbotham tells Baden-Baden Today.   22 October 2018

Insurance

AXIS Re taps Thomas Miller COO for global role

AXIS Re, the reinsurance business segment of Bermuda-based AXIS Capital Holdings, has appointed Ann Haugh as president of its global markets division, based in London, and Rob Smart as the head of Specialty Re.   16 October 2018

Insurance

Capacity decline supports aviation sector rates

As the renewal season approaches, the airline insurance market is showing definitive upwards movement across all business sectors, according to the latest JLT Aviation newsletter.   15 October 2018

Insurance

Outgoing Aspen CEO suggests senior management can stay

Aspen CEO Christopher O’Kane suggested that senior management will be allowed to stay as he is replaced with Brit chairman Mark Cloutier when Apollo takes control.   2 October 2018

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