News

Alternative Risk Transfer

US MBS packager Fannie Mae cuts Q3 insurance limit

Fannie Mae’s 9M purchases nonetheless approach the lower end of annual target.   3 October 2023

Insurance

Lockton taps ‘exceptional talent’ from WTW to head North America property

Appointee says, ‘the North American property market is growing more specialist every day.’   3 October 2023

Insurance

Marsh McLennan plucks AIG C-suite leader to run New Zealand business

The hire has 30 years’ industry experience, most recently as CEO of AIG New Zealand.   3 October 2023

Insurance

Aspen appoints global head of cyber

The appointee will oversee its underwriting strategy and risk management capabilities.   3 October 2023

Insurance

Sompo taps Allianz to grow presence across Continental Europe

The company is in the process of establishing insurance operations in France   3 October 2023

Insurance

Aircraft lessor SMBC strikes deal with Aeroflot insurer for 16 planes

SMBC Aviation Capital still pursuing court claim against Lloyd’s & ten insurers.   3 October 2023

Insurance

WTW lures Marsh veteran for dual leadership in North America

The 30-year Marsh executive specialises in M&A and private equity.   2 October 2023

Insurance

QBE taps Allianz talent for head of trading role

The re/insurer plans to ‘materially grow’ in the UK through to 2027.   2 October 2023

Insurance

Cowbell Cyber cutting 12% workforce amid ‘prolonged softer market’

Insurtech CEO says it was a ‘last resort’ after considering all options to attain profitability.   2 October 2023

Insurance

It’s time to drive greater operational excellence in commercial lines

Huge advances in technology and a commercial lines market close to its peak offer opportunities, but don’t play with the latest tech just for the sake of it, cautions Carys Lawton-Bryce of Markel.   2 October 2023

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