News

Insurance

Deutsche Rück hacks 10 pts from combined ratio on cut to claims

The company’s CEO Frank Schaar is ‘satisfied’ with the 2022 results.   10 May 2023

Insurance

WTW taps senior leader to drive revenue and growth in North America P&C

The appointee to focus on revenue maximization, market presence, and sustainable growth.   10 May 2023

Insurance

US motor insurance costs surge again in April, severity metrics keep pace

The 15.5% annual inflation rate on policies pales next to latest jump in repair costs.   10 May 2023

Insurance

Chubb taps civil service expertise for climate tech leadership

The recruit has extensive experience in the energy and renewables sector.   10 May 2023

Insurance

Miller nabs AIG’s UK head of marine liability in expansion move

The new hire has 20 years’ experience in the marine insurance market.   10 May 2023

Insurance

Cyber insurance exclusions now testing outer limits of corporate utility

European risk manager lobby says new restrictive wordings ‘reduce coverage certainty’.   10 May 2023

Insurance

Stop being surprised by losses: AXA XL Re’s Romagne

The industry’s traditional approach of using historical data to make decisions must change in favour of a more analytical way of working that looks at how the risk landscape is changing, says Bertrand Romagne, chief executive officer (CEO) for XL Re Europe, speaking ahead of Re/insurance Outlook Europe 2023, a conference taking place in Zurich on June 19-20.   10 May 2023

Insurance

Former Canopius/Brit and Lloyd’s leaders join Argenta as directors

They bring CFO/COO experience and Lloyd’s background to the table.   10 May 2023

Insurance

Aon joins PPL ‘Next Gen’ bandwagon with 450 staff and ambitious expansion plans

Aon plans to onboard several hundred more professionals in upcoming months across business.   10 May 2023

Insurance

Greenlight Re cut short on earnings rebound by major new reserves

Current year loss ratio came down 26 points; but reserving delays boost from hard rates.   10 May 2023

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