Articles

Insurance

Aspen Re taps North American property catastrophe leader from Tokio Millennium Re

Bermuda-based Aspen Insurance Holdings has appointed Meredith Head as head of North American property catastrophe at its reinsurance segment Aspen Re. He will be based in Bermuda and join in September 2019.   6 June 2019

Insurance

AIG appoints Driscoll and Baugh to new global underwriting leadership roles

American International Group (AIG) has appointed Kean Driscoll as global chief underwriting officer for property and agriculture, general insurance, and Alexander Baugh to the new role of global chief underwriting officer for casualty and financial lines, general insurance.   6 June 2019

Insurance

Aon picks insurtech CyberCube to improve cyber risk modelling capabilities

Re/insurance broker Aon has partnered with cyber risk analytics provider CyberCube to help improve its cyber aggregation risk modelling capabilities.   6 June 2019

Insurance

Stephen Catlin joins technology-focused investment firm Motive Partners

Industry veteran Stephen Catlin has joined Motive Partners, an investment firm focused on technology companies in the financial services industry, as a member of its global advisory council.   5 June 2019

Insurance

AIG appoints McElroy to lead NA general insurance and Levinson as Lexington CEO

American International Group (AIG) has promoted David McElroy, currently president and CEO of Lexington, to president and CEO of general insurance operations in North America, taking over from Lex Baugh.   5 June 2019

Insurance

United expands catastrophe reinsurance tower to $4bn

Florida-based property and casualty insurance company United Insurance Holdings (UPC) has renewed its catastrophe reinsurance programmes, taking its total limit to $4 billion.   5 June 2019

Insurance

Traditional reinsurance capital to remain strong in 2019: Fitch

US property/casualty (P/C) insurers are well placed to weather the landfall of a significant storm in the 2019 hurricane season despite experiencing elevated catastrophe losses in the recent years, according to Fitch Ratings.   4 June 2019

Insurance

Markel swoops on Chubb for global professional liability executive underwriting officer

Markel Corporation has appointed James Proferes as executive underwriting officer for global professional liability.   4 June 2019

Alternative Risk Transfer

White Mountains buys stake in ILS manager Elementum

Bermuda-based White Mountains Insurance Group has acquired a minority equity stake in Elementum Advisors, an insurance-linked securities (ILS) manager with over $4 billion of assets under management.   4 June 2019

Insurance

Everest bolsters professional liability group with Sompo, Navigators and TMR hires

Everest Insurance, the specialty insurance division of Bermuda-based Everest Re Group, has bolstered its professional liability group with three new members who join from Sompo, Navigators and TMR.   4 June 2019

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