News

Insurance

Everest Re bulks up for mid-year renewals with $1.5bn in fresh capital

Recouping the neighbourhood 10% earnings dilution may start within weeks.   17 May 2023

Insurance

GE seeking to shed troubled insurance business: Reuters

General Electric (GE) is working with investment bankers to find ways to shed its insurance business, Reuters reported on May 22 citing “people familiar with the matter”.   24 May 2018

Insurance

IGI taps Novae underwriter for energy expansion

Specialist commercial re/insurer International General Insurance Holdings (IGI) has strengthened its energy offering with the appointment of James Green as senior underwriter for downstream energy.   9 August 2018

Insurance

Globe Underwriting appoints North American property head from WSG Specialty

Globe Underwriting, a UK based managing general agent (MGA), has hired Jennifer Mackay as head of North America property division.   16 May 2019

Insurance

BMS Re poaches new CFO from Allianz GCS

Steve Korducki, the former CFO, moves into a new role, focusing on capital advisory, property cat solutions and corporate strategic alliances.   17 May 2021

Insurance

Finding the new answers for today’s insurers

New datasets allow us to more directly measure exposure—so why aren’t we making more of them? It would make sense to think for example that the size of foot traffic in a location would correlate to the venue’s risk exposure, yet surprisingly, this isn’t the case. Instead, we rely on the amount of money that passes via the cashier. Insurers can make much more of new datasets to transform their general liability underwriting, improve loss projections and price accurately, transforming the profitability of their portfolio.   17 May 2021

Insurance

AXA XL lures Chubb executive underwriter for excess casualty unit

The appointee will help develop and manage underwriting strategies for the portfolio.   29 April 2022

Insurance

BMS Re boosts LatAm unit with Guy Carp hire

BMS Re has been expanding from its Miami hub into new LatAm and Caribbean territories.   4 January 2022

Insurance

Ecclesiastical hires Legal & General exec

Specialist insurance group Ecclesiastical has appointed Nick Brierley as general insurance (GI) business and operations director within its group general insurance business operations.   5 December 2014

Insurance

AUB Group completes Tysers acquisition from Odyssey

The deal is strategically aligned, financially compelling, and delivers material scale, says CEO.   30 September 2022

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