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Howden expands Belgian operations with acquisition of Sarton & Associés

The acquisition will give Howden a more “prominent presence” across the country and comes amid rapid European expansion at the broker.

Luke Harrison, 11 October 2021
Suncorp leaves BI provisions unchanged following ruling

IAG said it was still reviewing the judgment to determine whether to appeal any aspects of the ruling.

Luke Harrison, 11 October 2021
Elseco hires Axa XL’s Burguiere as head of aviation following departure

Despite the appointment of Alain Burguiere, it is understood that Elseco’s current head of aviation, Antoine Lamy, has not left the company.

Adam McNestrie, 11 October 2021
Cession ratios of (re)insurers on the rise throughout 2010s

Analysis of financial data shows that the last decade has seen a marked increase in the proportion of premiums ceded by carriers in all sectors.

Ben Wylie, 11 October 2021
Apollo secures $90mn investment from Alchemy

The carrier said the deal would support continued growth in its “hybrid model”.

Luke Harrison, 11 October 2021
Arch Insurance International appoints Axis’ Rivers as CRO

Tom Rivers joins the carrier from Axis Managing Agency, where he held the position of chief risk officer for nearly five years.

Luke Harrison, 11 October 2021
Everest Re’s head of Latin America, Middle East and Africa Diaz to retire

Diaz joined the company in 1991, where he took on various leadership roles to promote the company’s expansion internationally.

Giovanna Bellotti Azevedo, 08 October 2021
AM Best removes Watford Re from negative review after investment de-risking

The agency noted that the total return reinsurer is expected to start writing more volatile short-tail insurance risks after the changes to investment policies.

Fiona Robertson, 08 October 2021
Axis adds Euler Hermes’ Dai to CRS team, moves project finance team

Shuohan Dai joined as a senior underwriter and will work closely with existing teams to oversee the capital risk solutions team’s underwriting activities in the Asia Pacific region.

Giovanna Bellotti Azevedo, 08 October 2021
Howden and Brown & Brown vying to acquire £1bn+ Aston Lark

The UK consolidator had been expected to be auctioned, but that process now looks set to be pre-empted.

Adam McNestrie, 08 October 2021

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