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R&Q appoints Pinkes as global CEO of legacy insurance

He will join Randall and Quilter on 1 October 2021 and report to executive chairman William Spiegel.

Luke Harrison, 27 September 2021
Markel and Catco agree buyout transaction for ILS funds

Markel will provide approximately $150mn to facilitate the buyout of the retrocessional segregated accounts of the funds, as well as tail-risk cover to release $100mn of trapped collateral.

Catrin Shi, 27 September 2021
Willis boosts salary for CEO-in-waiting Hess following promotion

Previously, Hess had earned $650,000 a base salary and was eligible to receive a short-term incentive bonus worth 90% of his annual salary.

James Thaler, 24 September 2021
Global reinsurance capital increases by $10bn, but caution urged over cat losses: Aon

GWP rose by 17% to $177bn for Aon’s peer group of reinsurers, while their average combined ratio stood at 94.0% – down from 104.4% for the prior-year period.

Luke Harrison, 24 September 2021
Talbot takes ex-AGCS executive Hunt as head of specialty

The AIG-owned business has seen a major transformation in its senior leadership.

Samuel Casey, 24 September 2021
Beazley takes Axis’ Quane as new CUO based in New York

The company said the transatlantic appointment reflected the carrier’s commitment to expand in the US.

Samuel Casey, 24 September 2021
Lyle to join Howden construction team following Lockton resignation

David Lyle’s resignation goes against the grain of Lockton’s construction-team recruitment in recent months.

Luke Harrison, 24 September 2021
The Week in 90 Seconds: Beat Capital on cat risk; ESG concerns in D&O; Ida loss expectations

Beat Capital takes a bearish stance on cats the same week Ida loss estimates rise.

Samuel Casey, 24 September 2021
PPL to partner with Deloitte to build NextGen platform

The PPL board has finally chosen a partner to deliver the NextGen platform, opting for a build option with Deloitte Digital.

Marcel Le Gouais, 24 September 2021
Scor appoints Poxon as marine and energy re CUO

The well-known underwriter has held similar positions at Sompo International and Partner Re.

Samuel Casey, 24 September 2021

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