News

Insurance

THB nabs new binding authority director from Pen Underwriting

Specialist re/insurance broker THB Group has recruited Steve Ford as strategic binding authority director.   1 May 2019

Insurance

Aspen hires Lloyd’s of London executive for global role

Bermuda-based Aspen Insurance Holdings has hired Lloyd’s executive Joshua Brekenfeld as director of global corporate development.   19 June 2019

Insurance

Fairfax appoints interim CFO following sudden death of David Bonham

Canada-based Fairfax Financial Holdings, the property and casualty re/insurance conglomerate which includes OdysseyRe, Allied World and Brit, has appointed John Varnell to serve as its chief financial officer (CFO) on an interim basis following the sudden and unexpected death of David Bonham this past weekend.   22 May 2019

Insurance

Lockton expands REAC team

Insurance broker Lockton has expanded its Real Estate and Construction (REAC) team with the appointment of a claims consultant and client executive, bringing the total number in the team to 71.   14 March 2014

Insurance

FEMA continues its reinsurance program to manage future flood risk

Placement covers portions of NFIP losses above $4 billion from a single flood event.   3 January 2020

Insurance

ILS issuance 'in line with 2010 forecast'

Aon Benfield Securities says that issuance of insurance-linked securities (ILS) was in line with expectations in the third quarter.   1 November 2010

Insurance

Swiss Re subsidiary ReAssure confirms IPO, expects LSE listing in July

ReAssure, a subsidiary of Swiss Re, has confirmed plans to undertake its initial public offering as per its announcement on the 7 June 2019.   14 June 2019

Insurance

Legacy firm Compre signs trio of acquisitions as part of run-off deal

Re/insurance legacy specialist Compre has made three acquisitions to “consolidate a complex legacy London Market pool”, involving Basler Versicherung AG (Baloise), Helvetia Swiss Insurance Company (Helvetia), and an undisclosed European insurance group.   14 June 2019

Insurance

Artex co-founder Peter Mullen returns as CEO

Peter Mullen has rejoined Artex the alternative risk management company as chief executive officer, with David McManus taking up the new role of Chairman.   21 March 2019

Insurance

Insurers must prepare for Asian 'supercats'

Aon Benfield, the world’s premier reinsurance intermediary and capital advisor, is warning insurers in Asia to prepare for future “Supercat” events like those experienced in the USA.   1 November 2010

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