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AXA XL Re unveils seven product leaders
The new leaders span its casualty, property, credit & surety, and marine and energy lines.
Aviation lines veer to better terms for insureds despite volatility
Russian aircraft heist rendered $5bn in leased airline hull claims from $13bn in assets.
Aon names long-term vets to EMEA commercial risk leadership
Backgrounds include 16-year tenure chiefly in facultative re and 21 years in Arican broking.
Munich Re buys API-focused insurtech
The start-up offers API solutions for the insurance industry’s entire ecosystem.
Solidum funds down 5 to 8% on Ian; core cat fund down 2x likely loss
Some defaults are possible’ among Florida- and flood-specific underlying assets.
Latest analysis pegs Hurricane Ian losses at up to $70bn
CoreLogic data suggests uninsured residential flood loss is between $10 and $17 billion.
Aon grows data and analytics capabilities with acquisition
The deal expands its data and analytics capabilities for reputational risk.
Aon lands WTW leader for global strategy and technology group
The executive formerly held global technology related roles at Generali and Zurich.
Tokio Marine toughens on climate, drops oil sands and arctic projects
New prohibitions run the full gamut from underwriting through investment and financing.
Leadership shuffle at Swiss Re Korea as 16-year veteran departs
The reinsurer has tapped a seasoned leader with 30 years’ experience to run its Korean business.
