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Convex Insurance’s Theo Butt elected as Chair of the IUA

The International Underwriting Association (IUA), the representative body for re/insurers in the London company market, has announced that Theo Butt, Chief Executive Officer, UK at Convex Insurance, has been elected as its new Chair, effective January 1st 2026.

Swiss Re’s John Zhu highlights divergent interest rates for 2024

Economies around the world and inflation are predicted to improve next year, which will lead central banks like the US Federal Reserve (Fed Reserve) to cut interest rates in 2024, although countries like China might do it sooner, while Japan could increase rates, Swiss Re’s John Zhu explained in a recent interview with Reinsurance News.