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The global insured losses from catastrophes in 2017 are estimated at $136 billion, according to Swiss Re’s sigma report estimates, well above the annual average of the previous 10 years, and the third highest since sigma records began in 1970. 20 December 2017
Insurance
The US property catastrophe rates are to increase between 5 percent and 10 percent in aggregate at the upcoming renewal periods, Moody’s said in a Dec. 18 report. 20 December 2017
Insurance
The Singapore Reinsurers’ Association (SRA) has re-elected Validus Re’s CEO of Asia Pacific and executive vice president Marc Haushofer as the chairman of its executive committee for another term. 14 June 2017
Alternative Risk Transfer
The Risk Management Institution of Australasia (RMIA) has appointed Scott Ryrie as its new chief executive officer (CEO). 11 July 2017
Insurance
Global insurance broking and risk management firm Marsh has appointed Paul Moody as CEO of its UK specialties division. 18 December 2017
Insurance
As the industry prepares for another conference season in the run-up to the renewals, we asked three prominent industry bosses what the big themes will be at this year’s event. 1 September 2013
Insurance
Hamilton Underwriting, the managing agency of Syndicate 3334 and the Lloyd’s operations of Bermuda-based Hamilton Insurance Group, has hired Robert Patten as head of casualty. 15 December 2017
Insurance
Re/insurer XL Catlin has promoted Jay Lefkowitz to president of its global risk management business in North America. 15 December 2017
Insurance
Aon enjoyed solid growth in 2017 with total revenues increasing by 6 percent to $10 billion compared to the prior year period driven by 4 percent organic revenue growth and a 2 percent increase related to acquisitions, net of divestitures. 2 February 2018
Insurance
Bermuda-based reinsurer Monument Re has acquired Robein Leven and its subsidiaries from Amerborgh Financial Services as part of its growth strategy in the Benelux region. 10 July 2018
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