News

Insurance

Hyperion merges Howden and RKH to bring together retail and specialist broking expertise

Hyperion Insurance Group is merging its retail and specialist broking businesses, Howden and RKH, to be led by José Manuel González as chief executive officer.   12 September 2019

Insurance

AXA XL names Luis Prato chief underwriting officer for UK entities

AXA XL insurance has appointed Luis Prato as new chief underwriting officer (CUO) for UK legal entities, Catlin Underwriting Agencies (CUAL) and XL Catlin Insurance Company UK (XLCICL).   12 September 2019

Insurance

P&C premium growth drives sharp rise in revenue for reinsurers; firms see 'benign major loss'

Reinsurers posted strong earnings in the first half of 2019, driven by a surge in premiums in Property & Casualty (P&C), according to Aon’s Reinsurance Aggregate ( ARA) report.   12 September 2019

Insurance

Sirius creates new head of life reinsurance role for PartnerRe's Florian Boecker

Sirius Group has hired PartnerRe's Florian Boecker as head of life reinsurance, an extension of the company's existing global accident & health (A&H) business.   12 September 2019

Insurance

BMS bolsters global risks division with new director

Specialist re/insurance broker BMS Group has appointed Neil Prior as director in its global risks division, reporting to managing director Ian Gormley.   12 September 2019

Insurance

Marsh to rebrand Jelf, appoint new leaders as it seeks simpler structure and growth in the UK

Broker Marsh will rename its Jelf business as Marsh Commercial in the first quarter of 2020 and a appoint new leadership team, in a move aimed at strengthing its offering in the local UK market, and streamlining its organisational structure.   11 September 2019

Insurance

Third Point Re's Manoj Gupta becomes new COO of TigerRisk; Bredahl's role is split

Reinsurance broking and risk/capital management firm TigerRisk has appointed Third Point Re's Manoj Gupta as new chief operating officer (COO), based in New York.   11 September 2019

Insurance

Challenges remain despite business-friendly governments

Many countries began the year with fiscally conservative and business-friendly administrations, following regional elections, but domestic challenges remain, Mathias Jungen, head of reinsurance Brazil and the Southern Cone at Swiss Re, has told FIDES Today.   11 September 2019

Insurance

Opportunities for double-digit growth in life re

Products and penetration in the Latin American life reinsurance market are not as mature as those in the US and some of European countries, creating “unique opportunities” for double-digit growth in certain Latin American countries, such as Brazil.   11 September 2019

Insurance

Withdrawal of carriers from Miami sends strong message

The withdrawal of some carriers from the Miami market is sending a strong message to the Latin American underwriting community that some international re/insurers are adopting a more conservative approach to business in the region, according to BMS.   11 September 2019

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