News

Insurance

Allianz AGCS regional head of claims quits; replacement revealed

The new leader will be responsible for claims across the UK, Ireland, and Nordics.   18 May 2022

Insurance

Lockton Re swoops on rival Guy Carpenter to expand North America unit

The senior broker formerly worked at Aon and Euler Hermes.   18 May 2022

Insurance

Allianz unit pleads guilty to fraud, loses US licence, will pay $6bn

Allianz Global Investors admitted to defrauding investors over multiple years and concealing losses.   18 May 2022

Insurance

Born of frustration: what’s delaying take-up of LMA cyber war exclusions?

Adoption of new exclusions is essential as pre-LMA clause frameworks ‘leave too much ambiguity’, says panel of industry executives.   18 May 2022

Insurance

Acrisure Re expands in Asian facultative market poaching WTW talent

The exec has held multiple roles at Willis Towers Watson, Aon, Gallagher Re and Lloyd’s.   18 May 2022

Insurance

Zurich brings former Aviva/AIG CFO to help take ‘strategic decisions’

The carrier has hired a new chief financial officer of commercial insurance.   18 May 2022

Insurance

Optio swoops for Zurich North America claim attorney

The new hire will help build out its subcontractor default insurance (SDI) claims function.   18 May 2022

Insurance

Major shake-up at SiriusPoint as CEO Sankaran makes surprise exit

Activist investor steps in to hunt for ‘experienced’ new CEO, Malloy takes interim charge.   18 May 2022

Insurance

There’s a war frequency benefit on the roads of Central Europe

Would-be post-pandemic return to the roads stymied by price impact Ukraine war.   17 May 2022

Insurance

Arch joins leading Lloyd’s insurers on market transformation project

Beazley, Brit, Chaucer, Hiscox, Liberty and Markel are the founding members.   17 May 2022

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