QBE
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Catalina Romero and Iain Bird have been added to the trade credit team.
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Combined ratios have improved as prices rise and investments return to profit.
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The underwriter will report to Kristina Maffit.
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Coppola was also a member of the NA exec management board.
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Shallow will also become joint active underwriter for Syndicate 2999.
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Finan was VP of construction and infrastructure at Marsh.
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The Australian insurer will have $1.7bn of core XOL cover this year.
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The international business grew premiums by 17%.
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The carrier has been hiring after the launch of a new specialty practice.
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The A&H reinsurance underwriter was launched by Peter Wilkins at the end of last year.
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The carrier is rebuilding its energy underwriting team after a number of staff departures.
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Rice has been appointed as senior underwriter and head of business development for Europe.
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Carmen DeSilva will help build out QBE Re’s Bermuda specialty reinsurance business.
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Salvatore Sama has been named global product head for casualty, while Jane Farren has been named global head of financial professional lines.
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Andrew Guarnori joins from Swiss Re, while Ashish Ahluwalia was previously head of reserving.
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RedRiff Agency will underwrite A&H insurance and reinsurance through a Lloyd’s consortium led by Beat 4242.
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The broker said that cat losses were around $950mn in the year to October.
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Ablett is currently QBE’s global head of trade credit and surety and has headed up its global credit team since 2018.
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Agarwal joined QBE in 2019, and most recently served as group head of underwriting performance.
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Investigations have revealed more damage than first thought from the July explosion.
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The international unit experienced an average renewal premium rate increase of 9.4% during the first half.
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The carrier said it anticipated central estimate developments of around $180mn, including $40mn of crop adverse development.
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Peter Wilson brings more than 40 years’ experience in the insurance industry.
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The Mexican state-owned oil company has been the source of several large energy claims.
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The carrier has hired Melanie Mason from Liberty Mutual to replace Lisa Wolfe as property underwriting manager in Canada.
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There is stiff competition in the renewables space as carriers look to establish positions in a growth market.
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The executive will work as director of underwriting for the specialty casualty division.
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The Singapore aviation hub is part of a strategic regional focus for the aviation team from Chubb Global Markets.
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QBE Re said it was investing in the business with the creation of three new roles.
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The Net-Zero Insurance Alliance has been urged to overhaul its objectives as the string of high-profile carrier departures continues.
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The firm noted prior-year development on cat events that primarily occurred in late 2022.
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AM Best also affirmed the financial strength rating of A (Excellent) and the long-term ICR of the group.
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Cook will be responsible for building more effective customer and broker relationships and managing strategic partnerships with retrocessionaires.
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The underwriter will be based in southern California and lead global strategy in cyber for the insurer.
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Plus the latest executive moves and all the top news of the week.
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Sir Keith Skeoch takes over from Tim Ingram, who has retired after nine years as chairman.
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