Articles

Insurance

Ryan Specialty bags group chief compliance officer from Chubb

Chicago-based specialty insurance services business Ryan Specialty Group (RSG) has appointed Michael Blackshear as senior vice president and global chief compliance officer.   10 July 2019

Insurance

Aon: traditional reinsurance sector drives Q1 2019 rebound

Global reinsurance capital markets recovered in Q1 2019, increasing by 3 percent to US$605 billion over the three months to March 31, 2019 up from US$585 billion at 2018 year end, according to Aon’s latest reinsurance market outlook.   10 July 2019

Insurance

Brit hires US casualty vice presidents from Swiss Re and Redstone

Specialty re/insurer Brit has hired Garick Zillgitt from Swiss Re and Justin Magee from Redstone Underwriters to strengthen its casualty portfolio in the US.   10 July 2019

Insurance

Assurant expands 2019 property cat reinsurance programme, lowers retention by $40m

US-based insurer Assurant has expanded its reinsurance protection, while lowering its per-event retention from $120 million in 2018 to $80 million, as it looks to reduce its catastrophe exposure and boost earnings in 2019.   10 July 2019

Insurance

AXA appoints new group chief risk officer from Goldman Sachs

French insurer AXA has appointed Renaud Guidée as its new group chief risk officer.   10 July 2019

Insurance

The Hartford appoints Matt Scott to middle and large commercial insurance leadership role

US-based property/casualty insurer The Hartford has appointed Matt Scott as head of the Northeast division for the company’s middle and large commercial insurance business.   10 July 2019

Insurance

Alison Martin to replace Amanda Blanc as Zurich CEO EMEA and bank distribution

Zurich Insurance Group has appointed Alison Martin to the role of chief executive officer (CEO) Europe, Middle East & Africa (EMEA) and bank distribution with immediate effect.   10 July 2019

Insurance

Drone insurance start-up SkyWatch.AI launches in UK with policies written by Chaucer

Following a successful run in the US, SkyWatch.AI, an on-demand telematics-based insurance platform for commercial drones, has launched in the UK.   9 July 2019

Insurance

Neil McConachie resigns from Third Point Re board

Neil McConachie, the former co-founder and chief financial officer of Bermuda-based Fidelis Insurance, has stepped down from the board of Third Point Reinsurance.   9 July 2019

Insurance

Mapfre and China Re to collaborate on insuring investments for China’s BRI infrastructure project

Spanish insurer Mapfre and reinsurer China Re have agreed to collaborate on insuring investments related to the Chinese government’s huge infrastructure plan, the Belt and Road Initiative (BRI), which launched in 2013 and was designed to connect China with the world’s major economies.   9 July 2019

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