Liberty Mutual
-
Staff movement has been elevated in the energy market since the beginning of the year.
-
The group has promoted Defne Turkes to COO of its new international insurance unit.
-
The product was made through a partnership with technology provider Safehub.
-
The underwriting loss came in at £88mn, as reserve strengthening reached £189mn.
-
Talbot is rebuilding its PV team after a December Ark and Chaucer raid.
-
The company provides reinsurance to insurers in LatAm and the Caribbean.
-
He will report jointly to Melanie O’Neill and Ronald Bolaños.
-
The court gave a mixed ruling on subjects including coverage, aggregation and furlough.
-
The executives join as representatives of the Lloyd’s Market Association and International Underwriting Association.
-
In his new role Bolaños will report to both Matthew Moore, Liberty Global Risk Solutions (GRS) president of underwriting, and to Phil Hobbs, LSM president and MD.
-
The global segment leader for power generation moves to Tokio Marine HCC soon after his colleague Nicola Hannay.
-
He replaces Mark Stephenson, who is leaving Liberty to join Ardonagh.
-
The underwriter will work with product leaders across regions to deliver a global product offering for international clients.
-
The underwriter will work in the retail property team at BHSI serving the central region.
-
Competition for talent has led to high levels of staff displacement in the marine hull market.
-
There is an increasing focus in the casualty reinsurance space on social inflation and litigation funding trends.
-
Liberty GTS noted a fall in the proportion of R&W notifications where the potential loss exceeds the retention in the last 12 months as compared to the preceding 12 months.
-
The eight-day trial will look at prevention of access wordings, policy limits and furlough payments.
-
-
Staff movement in the marine class exceeds that in all other lines of business.
-
ESG targets and the growth trajectory of renewables is attracting capacity to the class of business.
-
The appointment comes just over two years after Sompo International entered the political violence and terrorism market.
-
The company also announced that Asia retail markets will join global risk solutions and that it was launching its enterprise transformation and solutions unit.
-
The business development and market relationships head will join the Ron Hayes-led unit, focusing on specialty.
-
The carrier has hired Melanie Mason from Liberty Mutual to replace Lisa Wolfe as property underwriting manager in Canada.
-
Price Forbes now houses Ardonagh Specialty’s energy operations, absorbing teams from Ed Broking, Besso and Bishopsgate.
-
Luis Prato joins from Axa XL, where he was CUO of Axa XL UK and Lloyd’s since 2018.
-
The cargo market is undergoing staffing turmoil as firms vie to secure talent.
-
The sale includes Liberty Seguros operations in Ireland, Northern Ireland, Portugal and Spain.
-
Based in London, the pair will be tasked with growing LSM’s multi-buyer trade credit portfolio.
-
Individual Covid BI cases continue to roll through the courts, with several major decisions.
-
Talanx said the transaction will make the company the third-largest P&C insurer in Latin America.
-
Rise Aviation has named the two insurers as the representatives for its all-risk and hull-war reinsurance policies, respectively.
-
Net claims from the two major events cost the business almost £250mn.
-
Ross Taylor headed the Liberty Specialty Markets marine liability book, which was placed into run-off earlier this year.
-
Olivier Reiz joins from Chubb, where he was strategic growth director for Continental Europe.
Most Recent
-
Enstar Q1 earnings fall 71% to $119mn
03 May 2024 -
Ascot names Watkins head of Bermuda
03 May 2024