News

Insurance

Marsh property leader Duncan Ellis leaves to join AIG North America

American International Group (AIG) has appointed Duncan Ellis as head of retail property, North America general insurance.   4 September 2019

Insurance

Tesla to enter insurance market, promising to undercut rivals

Electric car maker Tesla has entered the insurance market, and some commentators have said it seems like a smart move.   4 September 2019

Insurance

Moody’s warns of 2020 ‘headwinds’ as it hails stable reinsurance sector outlook

Global reinsurance can expect to face market “headwinds” in 2020, despite strong capitalisation and rising pricing, credit ratings agency Moody’s has said.   4 September 2019

Insurance

Aspen recruits former Validus US CEO Jonathan Ritz as president

Bermuda-based Aspen Insurance Holdings has appointed Validus' Jonathan Ritz to the newly-created role of group president with immediate effect.   4 September 2019

Insurance

Fidelis taps Brit's Bob Clarkson to develop selective and profitable marine account

Bermuda-based Fidelis Insurance has hired Bob Clarkson to join its Fidelis Underwriting (FUL) London underwriting team as part of the group’s strategic initiative to further develop its focused offering of specialty insurance products.   4 September 2019

Insurance

French reinsurer CCR Re enjoys 16% increase in GWP in first half of 2019

French government backed reinsurer CCR Re enjoyed strong growth driven by new business and met its strategic targets in the first half of 2019, improving gross written premiums by 16 percent year on year.   3 September 2019

Insurance

BGC hires managing partner for US aviation and aerospace from JLT Specialty

BGC Insurance Group (BGCI), a division of global brokerage firm BGC Partners, has appointed Bruce Fine to join its new global aviation and space re/insurance brokerage as the managing partner for US aviation and aerospace.   3 September 2019

Insurance

Pioneer Underwriters names Hazel Beveridge as new chief actuary

Pioneer Underwriters has appointed Hazel Beveridge as chief actuary. She will report to Andrew McMellin, CEO of Pioneer and will join the company's executive committee.   3 September 2019

Insurance

Chaucer appoints new head of Copenhagen as Gero Michel steps down

Specialty re/insurer Chaucer has appointed Johnny Bøgelund as the new head of Chaucer Copenhagen, replacing Gero Michel who has stepped down from the role.   3 September 2019

Insurance

Liberty Mutual Re promotes Alice Blake to build Bermuda financial risks reinsurance

Liberty Mutual Re (LM Re), part of Liberty Mutual Insurance Group, has promoted Alice Blake to the role of a senior underwriter – financial risks reinsurance.   3 September 2019

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