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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
First estimates point to modest Ida energy loss but uncertainty remains
Market sources said there had been no reports of major incidents, but damage assessments would begin in earnest today.
Samuel Casey
,
01 September 2021
Ida a ‘manageable loss’ for reinsurance industry: AM Best
The ratings agency said that a surge in demand could add to the costs of rebuilding.
Samuel Casey
,
01 September 2021
Reinsurance carriers starting to ‘turn the corner’ after years of low returns: AM Best
Capital positions remain strong even in the context of the pandemic, but innovation is required to keep up their position of influence in the global economy.
Liz Bury
,
31 August 2021
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