News

Insurance

Chaucer expands Asia Pacific treaty capabilities with AXA XL hire

Specialty re/insurer Chaucer has appointed Catherine Soyka as deputy class underwriter for its treaty team in Singapore, as part of its strategy to build a broad marine and non-marine treaty underwriting team to service local clients in the Asia Pacific and Middle East Regions.   6 September 2019

Insurance

Underwriting margins fall slightly for North American property/casualty insurers: Fitch

North American property and casualty (P&C) insurers have seen modestly weaker underwriting margins, Fitch Ratings has found.   6 September 2019

Insurance

Capsicum Re bolsters cyber unit with slew of hires following Swiss Re collaboration

Specialist reinsurance broker Capsicum Re has made four key appointments for its cyber team in London, following the recent launch of a new holistic cyber reinsurance solution, Decrypt, co-created with Swiss Re.   6 September 2019

Insurance

Beach & Associates continues London wholesale expansion with JLT Re duo

Re/insurance broking and advisory firm Beach & Associates has appointed Gavin Johns and Richard Emson to its London wholesale division.   6 September 2019

Insurance

Willis Re names new life & health leader to oversee next phase of growth

Willis Re, the reinsurance business of Willis Towers Watson, has appointed Franck Pinette as new leader of its international life & health practice. He succeeds Greg Solomon who is leaving the broker to pursue new career opportunities.   6 September 2019

Insurance

Pioneer expands renewable energy team with HDI hire

Pioneer Underwriters has appointed Sam Bishop as an underwriter in its renewable energy team, based in London.   6 September 2019

Insurance

Data theft from major email provider is most likely cyber catastrophe, finds Guy Carpenter and CyberCube Analytics

Data loss from a leading operating system provider could rack up insurance losses of more than $23 billion, according to a study of major cyber risks.   5 September 2019

Insurance

Hiscox appoints Joanne Musselle as new group CUO replacing Richard Watson

Bermuda-based re/insurer Hiscox has appointed Joanne Musselle as its new group chief underwriting officer (CUO), replacing Richard Watson.   5 September 2019

Insurance

Technology firm Tremor raises $10m for reinsurance expansion; adds shareholder WR Berkley

Insurance technology firm Tremor has raised $10 million in new funding, with industry veteran WR Berkley joining existing backers, including venture capitalist Anthemis Group, the lead investor.   5 September 2019

Insurance

Around £61bn of insurance to migrate from London after Brexit, report finds

London insurers are transferring as much as £61 billion of business to other financial centres in the European Union, as a result of Brexit.   5 September 2019

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