News

Insurance

TransRe shuffles regional leadership in growth push; names new London, Asia CEOs

The reinsurance arm of Transatlantic Holdings and a wholly owned subsidiary of Alleghany Corporation has unveiled several changes to its regional leadership teams and its global business development function. TransRe said the changes are designed to better position the company to take advantage of current and future market opportunities.   12 August 2019

Insurance

Dutch insurer Aegon appoints NN Group's Friese to succeed Wynaendts as CEO

Dutch insurance group Aegon has appointed NN Group's Lard Friese as chief executive officer (CEO), succeeding Alex Wynaendts at the company's Annual General Meeting to be held on May 15, 2020.   12 August 2019

Insurance

Commercial insurance rates see 'largest increase' in Q2 2019: Marsh

Global commercial insurance rates were up 6 percent in the second quarter 2019, marking the seventh consecutive quarter of price increases, new data from Marsh has revealed.   9 August 2019

Insurance

Greenlight Re makes strategic investment in Australian insurtech Handdii

Cayman Islands-based reinsurer Greenlight Capital Re's insurtech unit has made a strategic investment in Australian property insurance claims fulfilment platform Handdii.   9 August 2019

Insurance

Aviva to review Asia unit as new CEO rethinks strategy amid 'mixed' H1 2019 results

UK's life and general insurer Aviva has said that the company is "considering a range of options" to enhance its Asian business as new CEO Maurice Tulloch looks to re-energise the business with a fresh growth strategy.   8 August 2019

Insurance

Greenlight Re Q2 2019 results suggests turnaround has begun

Reinsurer Greenlight Re CEO Simon Burton, said “conditions are improving in multiple lines of business” as the firm reported gross written premiums (GWP) and net income increases in its 2019 second quarter results.   6 August 2019

Insurance

P&C insurance software firm Guidewire appoints Rosenbaum CEO

Property and Casualty (P&C) insurance industry firm Guidewire has appointed Mike Rosenbaum, former EVP Product at Salesforce, as chief executive.   6 August 2019

Insurance

Allianz secures Ben Mitchell for newly created role of regional head of multinational for the Americas

Allianz Global Corporate & Specialty SE (AGCS) has created the post of regional head of multinational Americas and hired Ben Mitchell for the role, starting immediately.   6 August 2019

Insurance

Cobbs Allen hires former JLT US CRO Payne to build broking business

US-based enterprise risk management agency Cobbs Allen has hired former JLT US chief revenue officer (CRO) David Payne as part of plans to expand its insurance brokerage business.   6 August 2019

Reinsurance

Hannover Re: picking the opportune moment

Michael Pickel, CEO of Hannover Re’s German reinsurance subsidiary E&S Rückversicherung, talks rates, insurtech and Lloyd’s of London, with Intelligent Insurer.   5 August 2019

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