Articles

Insurance

Verisk lines up next CEO and chairman as it splits top positions

Scott Stephenson will step down from the Verisk board following its 2022 annual meeting.   22 February 2022

Insurance

WTW makes key captives hire from rival Marsh

He headed Marsh’s captive operations for 16 years in Bermuda.   21 February 2022

Insurance

Felicity Ace fire to generate losses exceeding $155m for major carmakers, says Russell

The cargo ship was carrying 4,000 vehicles of Volkswagen, Porsche, Audi, and Lamborghini.   21 February 2022

Insurance

Aon greenlights new $7.5bn share repurchase programme

Its board has also authorised a 10% increase to its quarterly cash dividend.   21 February 2022

Insurance

ILS market volume to top $100bn in 2022, says Hannover Re

The reinsurer expects higher market volume for both cat bonds and collateralised reinsurance.   21 February 2022

Insurance

Allianz plots new third party capital options in 2022 to lighten capital load of new business

Select new business lines can become solvency accretive, says CEO Bäte.   21 February 2022

Insurance

AXA XL appoints new global head of commercial bonds

He will be responsible for managing the profitable growth of the portfolio.   18 February 2022

Insurance

QBE will cut North American property exposure during 2022 in bid to slash volatility

Pricing trends ‘have been challenging’ given scope of nat cat threat, says CEO.   18 February 2022

Insurance

Rate gains in commercial insurance will ensure better margins into 2023: AIG

Property pricing ‘needs to remain firm’ to stay ahead of inflation threats.   18 February 2022

Insurance

RGA in €4bn longevity reinsurance deal with NN Life

The transaction was effective December 31, 2021   18 February 2022

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