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Insurance

AM Best warns of increased Brexit uncertainty for UK insurers

AM Best has warned that uncertainty as to the UK’s future trading relationship with the EU has increased following the vote in the House of Commons on Jan. 15, 2019, rejecting the deal terms agreed with the EU by Prime Minister Theresa May’s government.   17 January 2019

Insurance

CNA hires Chubb exec to lead financial institutions practice

US-bases commercial insurer CNA has appointed Carrie Goesel as vice president, financial institutions underwriting.   9 January 2018

Insurance

Irma insured losses to reach up to $65bn: AIR

Combined insured losses for Hurricane Irma for the US and selected islands in the Caribbean will be between $20 billion and $65 billion, according to estimates by AIR Worldwide.   12 September 2017

Insurance

AM Best seeks growth in Continental Europe with ex-Generali hire

Ratings agency AM Best has appointed Riccardo Ciccozzi as director of market development, Europe, as part of its strategic growth initiative in Continental Europe.   12 October 2017

Insurance

Private equity firms buy stakes in Sirius in private placement

Bermuda-based Sirius International Insurance Group has entered into equity subscription agreements with affiliated funds of Gallatin Point Capital, The Carlyle Group, Centerbridge Partners, and Bain Capital Credit.   31 August 2018

Insurance

PartnerRe unveils leadership changes, replaces chairman

Bermuda-based PartnerRe has appointed Brian Dowd to succeed John Elkann as chairman of the company’s board of directors alongside several other leadership changes.   31 August 2018

News

Aon bolsters cyber leadership to boost growth, innovation

Broker Aon has promoted Catherine Mulligan and Luke Foord-Kelcey within its reinsurance solutions business to strengthen its suite of cyber products for insurers.   31 August 2018

Insurance

CNA appoints new technology and operations leaders

Insurer CNA has appointed Bahr Omidfar as senior vice president and chief technology officer, and Joyce Trimuel as chief operations & diversity officer.   5 February 2018

Insurance

Pioneer poaches Mitsui Sumitomo CUO for director of underwriting role

Pioneer Underwriters, the underwriting group within Minova Insurance, has appointed Graeme Rayner as group director of underwriting, effective October 3.   10 August 2016

Alternative Risk Transfer

Hurricane Irma expected to become capital event for re/insurers

Hurricane Irma is expected to cause much higher insured losses than Hurricane Harvey and may result in a capital event for re/insurers, said a report published Sept. 8 by S&P Global Ratings.   9 September 2017

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