Operations/tech
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The Asian business posted first-half operating profit of almost $185mn, though the general insurance segment reported an underwriting loss. -
Insider Steven Chang will take on leadership of the reinsurer in Greater China.
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In June, I wrote a piece reflecting on the strategic choice faced by businesses like Arch to either double down on Lloyd’s or walk away.
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The mood in London is becoming increasingly bullish on the upwards pricing momentum in insurance lines.
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The legacy carrier will use the base to acquire insurance entities in run-off.
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Luc Joordens and Marta Batalla will lead the new office.
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The executive will head up the unit following Angelo Colombo’s departure to Swiss Re.
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The long-time chief is replaced by Allied World president Lou Iglesias.
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The moves come two months after the Marsh MGU appointed a new international president.
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The supervisory chief discusses cyber, outsourced cloud services, Brexit and modelling solutions to emerging nat cat perils.
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National Hurricane Centre warns of dangerous flooding throughout Monday.
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Panellists at a Clyde & Co conference warn that a broadening array of climate change-related litigation will soon start affecting insurers.
