Allianz
-
Ulrich Kadow will become global head of product management and underwriting transformation.
-
Environmental activism and terrorist activity are also set to rise.
-
The deal includes an LPT of ~$2bn loss reserves for 2016-2023 years with Arch Re.
-
The marine hull market is looking to retain rating robustness in 2024.
-
Mo joins from Chubb, where she was country manager for Sweden.
-
All three carriers also announced increased dividends.
-
-
The carrier has also hired Henry Henderson from Liberty.
-
The appointment comes following the appointment of Ahad Khalid as head of power.
-
It emerged in November that the carrier’s construction head Daniel Abramson was leaving the business.
-
Political violence rose up the agenda, with conflict raging globally, and key elections due this year.
-
Directors and officers face an increased risk of litigation next year, according to a report.
-
The incoming AGCS CEO joined the carrier in 1998 and was most recently CEO of Central Europe.
-
The carrier has made several senior hires in energy and construction this year.
-
Allianz Trade recently announced that Stennett's role is being taken on by Peter Evola.
-
Profits were down 14.6% at group level to EUR3.46bn, which Allianz attributed to the P&C business segment, where nat cats had a 7.3-point impact on the combined ratio, the highest reported in a decade.
-
Reports show that the combined use of supply chain exploitation and data exfiltration is causing double-digit million-dollar losses for cyber insurers.
-
Valencia will drive the carrier’s strategy for portfolios including panels, facilities, MGAs, bancassurance and other forms of delegated authority.
-
The business was absorbed into AGCS from the former Fireman’s Fund portfolio.
-
The top five insurers on the continent maintained their ‘clear dominance’ in terms of scale.
-
Talanx, Groupama and Itas had shown interest in the P&C business.
-
Elke Vagenende will lead the newly established region, completing Allianz’s leadership team across 11 regions.
-
The capacity, provided by Allianz, will allow Hive to deepen its exposure in the class.
-
In the new role, Giulio Terzariol will take on responsibility for the firm's insurance business units.
Most Recent
-
Talanx reports prelim net income of EUR572mn in Q1
25 April 2024 -
Aspen shelves IPO amidst deteriorating market sentiment
25 April 2024 -
Mapfre Q1 net profit jumps 70% to EUR215mn
25 April 2024