News

Insurance

RSA reshuffles Middle East leadership; appoints CEOs Martin Rueegg and Praveen Kumar

RSA has hired Martin Rueegg from AXA to be its new chief executive (CEO) of the Middle East and UAE, replacing Lloyd East who will move to RSA’s Canadian operation Johnson to become vice president of strategic operations and chief operating officer (COO). Rueegg will take up his new post in September.   22 July 2019

Insurance

Insurtech TicketGuardian secures $8m in Series A Funding

California-based TicketGuardian, an insurtech firm providing technology solutions for its wholly-owned insurance subsidiary, FanShield, has raised $8 million Series A funding led by American Family Ventures and IA Capital Group.   20 December 2018

Insurance

Samsung acquires 'strategic stake' in Lloyd's insurer Canopius

Specialty re/insurer Canopius has signed an agreement with Korea's Samsung Fire & Marine Insurance (SFMI) that will see SFMI become a significant minority investor in the company.   3 May 2019

Insurance

Former JLT Specialty USA chief Rice to lead newly-launched Cobbs Allen unit CAC Specialty

Specialty insurance brokerage and investment banking business CAC Specialty, a part of US risk management and insurance brokerage Cobbs Allen, has hired JLT's Michael Rice II as its chief executive officer (CEO).   24 September 2019

Insurance

AXA LM builds run-off position with Munich Re Malaysia deal

AXA Liabilities Managers (AXA LM), the non-life re/insurance legacy firm, has acquired the non-life legacy portfolio of Munich Re Malaysia. The portfolio transfer will become effective on October 1, 2019.   19 September 2019

Insurance

Berkshire's BHSI expands France leadership with AIG, AXA XL hires

Berkshire Hathaway Specialty Insurance (BHSI) has expanded its leadership team in France with the appointment of Katell Pouliquen as head of claims, Louis du Ché as head of property, and Ludovic Ruiller as head of environmental.   19 September 2019

Insurance

Neon appoints group underwriting director from Ascot

Lloyd’s specialist insurer Neon has hired Theo Butt for the newly created role of group underwriting director.   23 May 2018

Insurance

Chubb promotes Ortega to replace Andrade as overseas general insurance head

Property/casualty insurer Chubb has appointed Juan Luis Ortega as executive vice president, Chubb Group and president, overseas general insurance.   2 August 2019

Insurance

JBA launches new 'probabilistic' global flood model to tackle coverage gaps

Flood risk modeller JBA Risk Management has launched an innovative probabilistic global flood model, which will allow re/insurers to model river and surface water flood at 30m resolution.   16 September 2019

Reinsurance

Innovation or irrelevance—it's your choice

The re/insurance industry is increasingly being told to innovate by senior executives who know what they’re talking about. But how serious is the situation, and what are the true downsides to maintaining the status quo, asks Intelligent Insurer.   1 November 2012

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