News

News

Getting the best out of data

Many re/insurers understand the value and potential of data but leveraging its full potential requires a systematic approach designed to achieve very specific outcomes, says Meghan Anzelc, chief analytics officer, AXIS Capital.   16 May 2018

Insurance

The Hanover longtime chairman Angelini retires

US-based property/casualty insurer The Hanover's longtime chairman Michael Angelini has retired from the board after more than 30 years with the group.   16 May 2018

Insurance

Aon retires Benfield, Risk Solutions brands, appoints co-presidents

Broker Aon is to retire its business unit brands Aon Risk Solutions and Aon Benfield, and create an integrated global operating committee, co-led by Eric Andersen and Michael O'Connor.   15 May 2018

Insurance

Arch CFO returns to AIG as chief actuary for general insurance

American International Group (AIG) has rehired Mark Lyons as senior vice president and chief actuary, general insurance.   15 May 2018

Insurance

Arch Capital reveals new CFO replacing Lyons

Bermuda-based Arch Capital Group (ACGL) has appointed François Morin as executive vice president and chief financial officer (CFO), reporting to president and CEO of ACGL Marc Grandisson.   15 May 2018

Insurance

RSG's SafeWaters hires US head of cargo from AXA

Ryan Specialty Group-owned SafeWaters Underwriting Managers has appointed Kevin Kempf as vice president, head of cargo, US.   15 May 2018

Insurance

Munich Re backs Bermuda unit with $330m

Munich Re is providing support to its Bermuda-based reinsurance subsidiary via excess of retention and excess of loss reinsurance treaty and through a capital contribution of $330 million.   14 May 2018

Insurance

Regulator launches new European insurance stress test

The European Insurance and Occupational Pensions Authority (EIOPA) has launched its fourth stress test for the European insurance sector which aims to assess insurers’ vulnerabilities.   14 May 2018

Insurance

DARAG, New Nordic acquire Danish portfolios in first joint deal

European run-off specialist DARAG and asset manager New Nordic Advisors have acquired two portfolios of Denmark-based Qudos Insurance, the control of which New Nordic acquired in 2017 via a joint cell structure.   14 May 2018

Insurance

XL appoints new head of claims

XL Group has appointed Brent Hoffman as XL Catlin’s global head of claims, effective immediately, reporting to Paul Jardine, XL Catlin’s chief experience officer.   11 May 2018

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