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Paul Houska joins reinsurance broker Holborn as senior VP; firm seeks US midwest growth

US reinsurance broker Holborn Corporation has appointed Paul Hoska as senior vice president, based in Kansas, as it seeks to grow further in the midwest region.   18 September 2019

Insurance

Firms ‘struggle’ to build strong cybersecurity culture’ as leaders spend less than a day a year on cyber risk, finds Marsh

A majority of board members and senior executives with responsibility for their organisation’s cyber risk management spent “less than a day in the last year” focusing on cyber risk issues, according to a survey from insurance broker Marsh and tech company Microsoft.   18 September 2019

Insurance

Operational risks such as pricing are top concerns for Lloyd’s CROs, finds LMA survey

Pricing, cost reduction and other “bread and butter” issues are the top concerns for chief risk officers (CROs) within Lloyd’s managing agencies.   18 September 2019

Insurance

Bahrain’s Trust Re hires new executive management talent to boost corporate governance; forms committee

Reinsurance firm Trust Re, headquartered in the Kingdom of Bahrain, has strengthened its executive management team with new appointments and formed a new executive committee.   18 September 2019

Insurance

Willis Research Network, set up by Willis Re, partners with Mitiga Solutions on air traffic forecasting

The Willis Research Network (WRN) is partnering with Mitiga Solutions to enable airlines and airports to better manage the impact of natural hazards to air traffic management and aviation operations.   18 September 2019

Insurance

Gallagher hires Steve Wilkinson to lead claims at aerospace practice

Gallagher has hired prominent aviation market veteran Steve Wilkinson as head of claims at its global aerospace practice.   18 September 2019

Insurance

Lloyd’s appoints David Sansom as chief risk officer; Annette Andrews, chief people officer leaves the market

David Sansom has been appointed chief risk officer at Lloyd’s, as the market also confirmed the departure of Annette Andrews, its chief people officer.   18 September 2019

Insurance

Lloyd’s Neal reveals £2.3bn profit in H1 2019 but says ‘brave choices’ ahead

Lloyd’s of London has posted a £2.3 billion profit before tax for the first six months of 2019, prompting CEO John Neal to emphasise the importance of “maintaining momentum” and the need for ‘brave choices’ in the future.   18 September 2019

Insurance

Frederick Mutual signs up for Betterview property analytics for policy lifecycle

US insurer Frederick Mutual has signed up for Betterview's property analytics, saying it gives them a better understanding of risk.   18 September 2019

Insurance

Marine insurance market 'chaotic' as future remains uncertain, says IUMI

The ongoing global uncertainties, including the current trade tensions, will continue to impact all marine lines of business, specifically cargo and offshore energy, predicts the International Union of Marine Insurance (IUMI), which represents 43 marine market insurance and reinsurance associations globally.   17 September 2019

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