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Independent Lloyd’s broker AFL Insurance Brokers has replaced its current chief financial officer (CFO) Keely Dalfen with a new hire from Towergate. 21 August 2018
Insurance
A modeled single-event cyber catastrophe would generate “meaningful to significant” gross losses for three of the top 20 cyber insurance providers, ranging from 15 percent to 119 percent of these companies’ estimated 2022 policyholder surplus under a stress-test scenario, according to AM Best. 21 August 2018
Insurance
Aon has appointed Brian Wanat as chief broking officer of US commercial risk solutions. 17 August 2018
Insurance
Dutch insurer NN Group has appointed Fabian Rupprecht as CEO international insurance replacing Robin Spencer who stepped down effective June 1, 2018 to join Prudential Corporation Asia (PCA), a business unit of Prudential, as chief operating officer. 16 August 2018
Insurance
Connecticut-based startup Tremor Technologies has launched a risk placement marketplace for reinsurance protection. 16 August 2018
Insurance
Fosun International vice president Li Tao has been appointed as chairman of the board of directors of Hong Kong-based Peak Reinsurance Company. 15 August 2018
Insurance
Specialist reinsurance broker Capsicum Re has hired Jasper Goring as a cyber broker and Prab Naidu as wordings director. 15 August 2018
Insurance
Bermuda-based Everest Re Group has appointed Ike Barbatsoulis as chief reinsurance claims officer for Everest’s reinsurance division. 14 August 2018
Insurance
Insurtech, new risks and the growing involvement of the capital markets are all making the re/insurance industry more attractive to young people—and they look increasingly critical to its future. As part of a wider feature available online, Intelligent Insurer speaks to 45 young executives—all under 35—destined for success within this evolving sector. 13 August 2018
News
AM Best has placed under review with negative implications the Financial Strength Rating of B+ (Good) and the Long-Term Issuer Credit Rating of “bbb-” of Oman Reinsurance Company (Oman Re). 10 August 2018
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