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Compre appoints Swiss Re’s Presley to new North America CEO role

David Presley joins Compre while the legacy carrier is targeting expansion in the US.

Catrin Shi, 11 April 2022
Specialty risks becoming ‘more opaque’ amid surging inflation: Scor’s Bishop

The executive said the Ukraine conflict was an example of how the industry had come to over-optimise models.

Samuel Casey, 11 April 2022
Lloyd’s 2021 results: More than half the market outperforms Lloyd’s peer group

Only 31% of syndicates reported underwriting losses in 2021 – down from 64% in 2020.

Ben Wylie, 11 April 2022
Munich Re to exclude war from cyber policies

The firm has previously said it will not renew existing contracts in Russia and Belarus, while new business in the countries has been suspended.

Luke Harrison, 11 April 2022
Swiss Re: Model improvements to unlock secondary peril underwriting

Swiss Re’s recent underwriting actions, model updates and risk repricing have prepared it to take on more secondary perils, according to its top team.

Rachel Dalton, 07 April 2022
AIG considers Russia exclusions across various lines

Sources said they expect other major commercial insurers to follow suit, with territorial exclusions potentially broadening to Belarus.

Jairo Ibarra, 08 April 2022
Eiopa stresses supervisory scrutiny of PE involvement in run-off deals

The European Insurance and Occupational Pensions Authority said in a statement that it had observed a number of issues in the supervision of run-off portfolios.

Luke Harrison, 08 April 2022
Ukraine war insured P&C loss could be close to $15bn: WTW

The broker said there was still a “big unknown” around the potential global economic impact of the conflict.

Luke Harrison, 08 April 2022
Aon Netherlands hires former Willis Re Dutch office head Ackermans

The new hire joins as a senior broker in the non-life treaty department.

Rachel Dalton, 08 April 2022
ABI backs government’s British energy security strategy

The Association of British Insurers director or regulation said that insurance providers have an important role to play in helping to provide capital to fund green infrastructure projects.

Luke Harrison, 08 April 2022

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