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Euler Hermes to become Allianz Trade in company rebrand

Trade credit insurer Euler Hermes has become Allianz Trade in a company rebrand – a move Allianz described as “natural”, given that the former had been a full part of Allianz Group since 2018.

Luke Harrison, 28 March 2022
WTW promotes Richardson to regional leader of European ICT business

WTW has appointed Tammy Richardson as Europe regional leader for its insurance consulting and technology (ICT) business, where she will lead a team of more than 500 staff while overseeing the P&L management and strategy.

Luke Harrison, 28 March 2022
Axa to propose Harlin and Picard as new directors

Axa has published resolutions to be proposed by its board at the next shareholders’ meeting on 28 April, including the appointment of Gérald Harlin and Rachel Picard as directors, replacing Denis Duverne and Patricia Barbizet, whose mandates are set to expire.

Luke Harrison, 28 March 2022
Zurich drops Z logo from social media over Ukraine war connotations

Zurich is set to remove its Z logo temporarily from social media and possibly dropping the logo entirely since the letter became a pro-Russian war symbol following the country’s invasion of Ukraine.

Luke Harrison, 28 March 2022
QBE in reinsurance ‘growth mode’ and plans review of outwards: Horton

The carrier is focused on maintaining balance across its portfolio and is growing more in specialty reinsurance than property cat.

Samuel Casey, 28 March 2022
Generali rebels release battle plan ahead of AGM next month

The plan outlines an aggressive M&A strategy, as well as increased InsurTech investment, expansion plans and a target to lift earnings by more than 14% annually until 2024.

Aisling Finn, 25 March 2022
Open years for 2017 and 2018 generate £100mn of losses at Lloyd’s

The Corporation’s results show aggregate losses for the syndicates whose 2017 and 2018 underwriting years remained open rose £98mn last year.

Marcel Le Gouais, 25 March 2022
Probitas opens Europe branch and hires Koen Cambre as head of office

Probitas 1492 Europe will be based in Brussels and have a branch office in London.

Luke Harrison, 25 March 2022
The Week in 90 Seconds: Lloyd’s recovery; Berkshire-Alleghany; Innovation Part II

If you only read a handful of articles this week, make it the selection below.

Rachel Dalton, 25 March 2022
Cost of Ukraine conflict to Lloyd’s likely to be 'low-single-digit billions': Neal

The Lloyd’s CEO's statement was echoed by CFO Burkhard Keese, who said the losses would be “manageable.”

Aisling Finn, 25 March 2022

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