News

Insurance

AIG unveils global reinsurance business AIG Re under Marsh's Christopher Schaper

American International Group has consolidated its assumed reinsurance operations, including Validus Re, AlphaCat and Talbot Treaty, to form one global business, called AIG Re.   20 June 2019

Insurance

Marsh hires Aon and Howden senior executives for UK leadership roles

Broker Marsh has appointed two senior leaders from Aon and Howden in its UK real estate practice, which is a part of Marsh JLT Specialty and provides insurance and risk advisory services to real estate owners, operators, managers, and developers.   20 June 2019

Insurance

Re/insurance blockchain service provider ChainThat to join BMA innovation hub

Insurtech ChainThat, a provider of blockchain solutions for the re/insurance industry, has gained approval to be the first company to join the Bermuda Monetary Authority (BMA) Innovation Hub.   19 June 2019

Insurance

BGC seeks to disrupt 'stacked' aviation market, launches new brokerage under JLT's Chad

BGC Insurance Group (BGCI), a division of global brokerage firm BGC Partners which owns Ed and Besso, is launching a new specialist global aviation and aerospace re/insurance intermediary under the leadership of JLT's Marcel Chad.   18 June 2019

Insurance

Brexit 'a sideshow' amid rising political risk in London market: Richard Dearlove

Ascot's non-executive chairman Richard Dearlove believes Brexit is 'a sideshow' and is likely to have a minimal impact on the London re/insurance market.   13 June 2019

Insurance

Lloyd’s Neal says market must ‘seize once in a generation chance to change’

Lloyd’s of London CEO John Neal said the market needs to seize a once in a generation opportunity to digitise and innovate or risk becoming irrelevant.   13 June 2019

Insurance

Saga seeks new group CEO as Lance Batchelor decides to leave in 2020

Saga, a UK-based specialist insurer for life after 50, has announced that its group chief executive officer Lance Batchelor is set to leave the firm at the end of the current financial year in January 2020.   12 June 2019

Insurance

Aviva names new Canada, general insurance CEOs amid cost-cutting drive

Insurer Aviva has appointed Jason Storah as new chief executive of its Canadian business, replacing Colm Holmes.   11 June 2019

Alternative Risk Transfer

Aon Securities hires JLT Capital Markets co-heads in ILS growth strategy

Aon Securities, the investment banking division of re/insurance broker Aon, has made two new strategic hires to help drive growth and innovation within its capital markets function.   11 June 2019

Insurance

Berkshire Hathaway opens French hub in European expansion; hires AXA XL exec to lead

Berkshire Hathaway Specialty Insurance (BHSI) has launched a new office in Paris, and appointed François-Xavier d’Huart as country manager, as part of its strategic expansion in Europe.   11 June 2019

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