News

Insurance

Arch revises Q4 cat loss estimates; anticipates write down due to tax changes

Arch Capital Group has established a range of pre-tax losses of $60 million to $75 million, net of reinsurance recoveries and reinstatement premiums, the catastrophic events in the fourth quarter of 2017. These included a series of wildfires in California and a series of smaller catastrophe events occurred around the globe.   10 January 2018

Alternative Risk Transfer

A dynamic time for risk in Asia: Aon

Technology, regulatory change and a desire to close the protection gap are the biggest factors shaping the risk transfer landscape across Asia, says George Attard of Aon’s Reinsurance Solutions business.   29 October 2018

Insurance

Ed taps Willis director to expand property/casualty division

Ed, the broker formerly known as Cooper Gay, has appointed Namik Gulsun as head of international property and casualty.   14 February 2017

Insurance

Sompo Canopius boosts credit and political risk unit

Specialty re/insurer Sompo Canopius has appointed Stephen Pike as credit and political risk underwriter.   16 August 2017

Insurance

Zurich names new CEO of general insurance, Australia & New Zealand

Zurich Australian Insurance, a division of Zurich Insurance Group, has appointed Tim Plant as CEO of general insurance, Australia & New Zealand.   10 July 2018

Insurance

Brit appoints BCG principal to new head of strategy role with focus on Lloyd's

Specialty re/insurer Brit has appointed Paolo Cuomo to the newly created role of head of strategy, based in London.   1 July 2019

Insurance

Everest hires trio from Beazley, XL and CNA for inland marine

Everest Insurance, a subsidiary of Bermuda-based Everest Re Group, has expanded its inland marine team with the hiring of Tom Warner, Mike Lewis and Timothy Janeway.   30 March 2017

Insurance

Concirrus: understanding risk in marine insurance

London-based insurtech startup Concirrus was founded to fill the gap in the commercial lines market.   29 September 2017

Insurance

Argo Pro hires duo from Hiscox and Travelers

Argo Pro, a subsidiary of specialty re/insurer Argo Group, has appointed Mary Henderson as senior vice president, head of financial institutions, and Dan Gmelin as vice president, underwriting, architects and engineers (A&E).   29 June 2017

Insurance

Insurers can’t just patch up their businesses, claims start-up founder

The insurance market needs a new and fresh approach – it can’t just keep patching issues up, according to Tobias Taupitz, founder of insurtech start-up Laka.   27 September 2017

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