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AIG recruits Allianz exec Ciara Brady as CUO for international casualty

Brady has nearly 20 years of industry experience and was most recently with Allianz, where she served as global head of liability.

Eli Rallo, 01 September 2021
Ida unlikely to trigger downgrades of individual P&C insurers or reinsurers: Fitch

The agency said its rated insurers were well positioned to absorb significant catastrophe losses, as they had generally experienced capital expansion over the previous 12 months.

Luke Harrison, 01 September 2021
PE sector invests $19bn in insurance M&A during bumper 2021: S&P

S&P noted that the deal volume was the highest on record for a decade, and came despite uncertainty over pandemic claims.

Samuel Casey, 01 September 2021
Beazley exits MS Amlin AG as Albers steps in as interim CEO

The carrier said it has concluded negotiations with a replacement chief who is a ‘well respected reinsurance leader’.

Rachel Dalton, 01 September 2021
New evacuation orders issued as authorities battle Caldor Fire

The Caldor Fire, which is 18% contained, has been active for 17 days and in that time destroyed 675 structures and damaged 40.

Luke Harrison, 01 September 2021
Verisk’s Sequel snaps up admin software specialist Ignite

Sequel will add the company to its ‘digital ecosystem’ and said its investment would speed up the expansion of Ignite’s platform.

Jim Robinson, 01 September 2021
KCC pegs Ida insured loss at $18bn

The estimate includes damage to residential, commercial and industrial property and vehicles.

Rachel Dalton, 01 September 2021
MS Amlin SE hires Axa Corporate Solutions’ Fischer as CFO

The actuary replaces outgoing CFO Reijer Groenveld, who will leave in October.

Rachel Dalton, 01 September 2021
Underwriters White and Glover reunite with Mosaic co-CEO Wheeler

Former Hamilton and Pembroke executives Tim Glover and David White are joining the start-up in leadership roles.

Marcel Le Gouais, 01 September 2021
Entergy lays out plans to return power to New Orleans post-Ida

Damage to crucial power infrastructure caused by the storm left over one million Louisiana residents without power.

Samuel Casey, 01 September 2021

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