Global modeled catastrophe loss report highlights protection gap: AIR
The global modeled insured average annual loss from catastrophes has reached nearly $100bn in 2020.
Twelve Capital UK appoints ex-Securis Maximchuk as non-exec director
The new hire says re/insurance premium increases may be longer lasting this year.
RPS hires new personal lines leader from All Risks
The new role is created to advance RPS’ growth in exclusive coverages, market relationships and service capabilities.
Maiden says expense cuts to continue as profits bounce back amid signs of recovery
The company has also unveiled a tender offer to purchase up to $100 million of its preference share.
Ardonagh appoints new Price Forbes, Bishopsgate CEOs for next chapter of growth
The broker seeks to execute new growth initiatives across both brands by investing in tech and talent.
Record breaking hurricane season causes multi-billion-dollar losses in US: Aon
Aon meteorologist Steve Bowen says 'it could have been even more difficult'.
Gallagher snaps up AWIS to expand US wholesale brokerage operation
The San Diego-based broker offers a range of commercial coverages as well as high-net-worth personal lines.
GFIA refreshes executive committee, elects new president
The CEO of Insurance Bureau of Canada has been elected as president replacing Recaredo Arias.
The Hartford's Navigators downgraded on lack of scale and strategic direction
The ratings agency believes Navigators' importance to its ultimate parent has diminished.
Lloyd's carrier Chaucer launches new Bermudian Class 4 reinsurer
The new entity will write a range of US property, casualty and specialty reinsurance business.
