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Lockton Re has hired Graham Barden from Guy Carpenter as chairman of its aviation and aerospace practice. -
The executive will take on a managing director role and be responsible for all of Barents Re SA's operations, including London.
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The broker returns to Lockton as the company continues its hiring spree.
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The Australian carrier lifts its guidance on natural catastrophe claims to A$904mn ($644mn) from $850mn.
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The French reinsurer guides away from an equity raise as it predicts further rate hardening.
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The insurer is close to attaching a $280mn aggregate reinsurance deal.
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Ex-Novae deputy CUO to become active underwriter at Syndicate 2358.
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Insider promoted after 10 years’ service.
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The carrier reports stronger than expected GWP growth and renewal rates expansion of 11%.
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The carrier's P&C unit swings EUR111mn into the black in Q2 as the combined ratio deteriorates 17 points.
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The ratings agency said the carrier will be “challenged to improve its underwriting performance in the short term”.
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The consortium plans to offer cover triggered by WHO public health emergency declaration.
