News

Insurance

Munich Re US appoints Kuchma COO of reinsurance division

Munich Reinsurance America, a subsidiary of Munich Re, has appointed Anita Kuchma as chief operations officer (COO) of its reinsurance division.   10 October 2019

Insurance

Tokio Marine reveals new co-CFOs and next group chief executive of TMK

Specialty insurance group Tokio Marine HCC has appointed Sharon Brock and Tom Weist as co-chief financial officers, replacing Brad Irick who has been named the next group chief executive officer of Tokio Marine Kiln (TMK).   10 October 2019

Insurance

AIG names John Panagakis CEO of investment manager FPCM

American International Group (AIG) has appointed John Panagakis as chief executive officer (CEO) of its fixed income investment manager, First Principles Capital Management (FPCM).   10 October 2019

Insurance

Google-backed life insurtech Ethos bolsters executive team

San Francisco-based new life insurer Ethos, which uses predictive analytics and data technology to eliminate traditional barriers to life insurance, has expanded its executive team with the hiring of Old Mutual's Brett Wilson as the company’s first vice president of risk & actuarial.   10 October 2019

Insurance

CAC Specialty launches private equity unit with slew of key hires

Specialty insurance brokerage and investment banking business CAC Specialty, a part of US risk management and insurance brokerage Cobbs Allen, has launched a new financial sponsors group (FSG) to bring together seven of its specialties.   4 October 2019

Insurance

Charles Berry takes up office as president of the Insurance Institute of London

Charles Berry has taken up the position of president of the Insurance Institute of London for 2019-20.   2 October 2019

Insurance

Willis Re hires Aspen Insurance exec to boost speciality unit

Willis Re has hired a senior executive from Aspen Insurance who joins the business as managing director & chief operating officer of Willis Re Specialty.   2 October 2019

Insurance

Insured losses for Typhoon Faxai are between $5bn and $9bn, as Olympics approach in Japan: RMS

Insured losses for Typhoon Faxai, which has caused widespread disruption to Tokyo and surrounding areas in Japan, will be between $5 billion, and $9 billion, according to global risk modeling and analytics firm RMS.   30 September 2019

Insurance

Typhoon Mitag expected to grow in intensity as it moves past Taiwan on a northward track: Aon

Typhoon Mitag has prompted weather warnings in Japan and China as it grows in intensity, tracking northward off the south-southeast coast of Taiwan.   30 September 2019

Insurance

E&S lines premium growth accelerates in response to 'underwhelming' underwriting results: Fitch

According to a new report by Fitch Ratings, the excess and surplus (E&S) lines market in the US grew 15 percent in the first half of 2019 - a trend it says will continue in the near future.   30 September 2019

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