Articles

Insurance

RSA reshuffles Middle East leadership; appoints CEOs Martin Rueegg and Praveen Kumar

RSA has hired Martin Rueegg from AXA to be its new chief executive (CEO) of the Middle East and UAE, replacing Lloyd East who will move to RSA’s Canadian operation Johnson to become vice president of strategic operations and chief operating officer (COO). Rueegg will take up his new post in September.   22 July 2019

Insurance

RSG expands products and geography by opening Barcelona office

Specialty insurer Ryan Specialty Group (RSG) has confirmed plans to open an office in Barcelona as part of an expansion strategy to grow geographically and increase its products.   22 July 2019

Insurance

Brit creates head of innovation role, hires insurtech expert James Birch

Specialty re/insurer Brit has created the new post of head of innovation and appointed James Birch, who starts today (22 July).   22 July 2019

Insurance

AXA XL appoints Paul-Henri Rastoul as Chief Underwriting Officer, XL Insurance Company SE

Reinsurer AXA XL has appointed Paul-Henri Rastoul as chief underwriting officer at XL Insurance Company SE.   22 July 2019

Insurance

Darag buys UK-based insurer in run-off, The Underwriter

International re/insurance firm Darag has bought The Underwriter, a UK-based insurer in run-off.   22 July 2019

Insurance

Marine insurance premium rise ‘near certainty’ as hostility escalates over Iran-UK tanker seizure

Insurance premium increases are a “near certainty” for shipping in the region of the strait of Hormuz after Iran seized UK-flagged oil tanker Stena Impero on Friday 19 July.   22 July 2019

Insurance

AFL taps UIB senior brokers Ritson and Draper to lead property and energy expansion

Independent Lloyd’s broker AFL Insurance Brokers has hired experienced brokers Mark Ritson and Peter Draper as directors of international property and energy.   19 July 2019

Insurance

Ed hires head of facultative reinsurance from Price Forbes

Reinsurance, wholesale and specialty broker Ed has appointed Jennifer D’Arcy to the new role of executive vice president and head of facultative reinsurance.   19 July 2019

Insurance

ABIR picks Hamilton's Albo as deputy chair, Catlin's Convex as newest member

The Association of Bermuda Insurers and Reinsurers (ABIR) has elected Hamilton CEO Pina Albo as its deputy chair, and added Stephen Catlin and Paul Brand's newly launched specialty re/insurer Convex Group to its membership.   18 July 2019

Insurance

Insurance market in Russia bounces back but threats remain: AM Best

Russia's insurance market has reached a positive turning point as premiums grew in 2018 driven by life and non-life products, however, credit ratings agency AM Best warned that the recovery was “fragile” as threats remain.   18 July 2019

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