Leadership changes aim to support its growing operations Source link
US P/C insurance reverses loss trend – report
Furthermore, AM Best report that industry surplus grew to $1.1 trillion as of the end of September 2024, reflecting a combination of $131.4 billion in net income and […]
Ryan Financial Lines revamps leadership strategy
RFL was created in December 2023 through the integration of multiple operations, including EmergIn Risk, StartPoint, Ryan Specialty Nordics, Capital Bay, and others. The division also incorporates several […]
QBE names new leader for US Casualty
Lavinia Johnson, director of International and US Casualty at QBE Europe, described the move as part of QBE’s strategy to bring experienced industry professionals into the organization. Johnson […]
Enact finalizes reinsurance deals for 2025 and 2026 coverage
Under the terms of the agreements, Enact will cede approximately 27% of a portion of expected new insurance written for the periods between Jan. 1, 2025, and Dec. […]
Sabrina Veau joins Lockton Re to bolster capital advisory
“Sabrina’s experience will be an incredibly valuable asset to the team, having played, among other roles, a key part in the establishment and capitalization of Lloyd’s Syndicates as […]
Aon taps Robert O’Connell to strengthen cyber reinsurance offerings
In his new role, O’Connell will lead Aon’s efforts to deliver advanced solutions for its cyber clients and trading partners. This includes leveraging insurance-linked securities (ILS) and expanding […]
WTW and Bain Capital partner to re-enter treaty reinsurance market
As part of this strategy, the company announced a joint venture with Bain Capital to re-enter the treaty reinsurance broking market. WTW will hold a minority stake in […]
2024 cyclone losses surge past historical averages – Munich Re
In Asia, Typhoon Yagi was the most destructive storm of the year. Yagi impacted multiple regions, including the Philippines, southern China, and Vietnam, where it became the strongest […]
Jason Bertoldi joins Alliant to lead contingent risk team
Yale-trained lawyer brings expertise in bespoke policies and high-value transactions Source link