TigerRisk sells stake to private equity firm
Agents and Brokers, Mergers and Acquisitions, Reinsurance
Delphi hires Jeffrey Lebovitz as Executive VP and CFO
Insurance holding company Delphi has announced the appointment of Jeffrey Lebovitz as Executive Vice President and Chief Financial Officer.
Hannover Re promotes Hermenier to Managing Director, Klass to retire
Global reinsurer Hannover Re has announced the appointment of Vincent Hermenier as Managing Director.
AXIS CEO says cat pullback not a reflection of broader market
AXIS CEO Albert Benchimol has maintained that his company’s decision to significantly pull back from property and catastrophe reinsurance lines does not reflect any particular view on present market conditions.
IAG finalises aggregate reinsurance cover for FY 2023
Australian insurer IAG has said that it has finalised its aggregate reinsurance cover the financial year ending 30 June 2023.
Marsh McLennan Agency completes acquisitions of Q&N and Louisiana Companies
Marsh McLennan Agency (MMA), a subsidiary of Marsh, has completed its previously announced acquisitions of two Louisiana-based middle-market agencies, Querbes & Nelson (Q&N) and Louisiana Companies.
California wildfire losses hit Everest’s Q1 earnings
Catastrophes, Financial Results, P/C Insurers, Reinsurance Bermuda Everest Re
States sue Trump administration for cutting disaster prevention grants
Disaster Management, Risk Management
CCR estimates €650-800m insured losses from Cyclone Chido in Southeast Africa
Cyclone Chido, which struck several countries in Southeast Africa between December 13-16, is estimated to cause insured losses between €650 million and €800 million, according to French public reinsurer Caisse Centrale de Réassurance (CCR).
Chris Mackinnon leaves Lloyd’s to build out Munich Re Specialty’s Australia presence
Munich Re Specialty, part of the insurance operations of global reinsurer Munich Re, has announced the joining of Lloyd’s veteran Chris Mackinnon to expand its presence in Australia.
Beazley planning to determine risk appetite for AI
Cyber Risks, Emerging Risks, Excess and Surplus Lines, P/C Insurers, Technology