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Cyber in a ‘truly’ hard market as rates accelerate and capacity contracts
Reinsurance market tightening and loss ratio deterioration are two factors fueling momentum in cyber rates.
Catrin Shi
,
17 August 2021
Arch Capital adds Ebong and Mallesch to board
Ebong has worked at Apple and Facebook, while Mallesch was P&C CFO for Nationwide.
Rachel Dalton
,
17 August 2021
Willis stock lags as company surprises the market with Hess CEO appointment
Earlier today the firm announced that insider Hess will succeed CEO John Haley at year-end.
Jairo Ibarra
,
16 August 2021
BI policy payouts for UK Covid claims move close to £1bn mark
Insurers have now shelled out just over £968mn to BI policyholders in interim and final settlements.
Rachel Dalton
,
16 August 2021
Oneglobal adds Netherlands office led by Aon’s van der Wyck
The broker has expanded into territories including Bermuda, Hong Kong, Singapore and Latin America.
Samuel Casey
,
16 August 2021
Willis Towers Watson appoints Hess as Haley successor
The current head of the investment, risk and reinsurance segment will take the helm in January.
Rachel Dalton
,
16 August 2021
Guy Carpenter confirms appointment of Willis Re’s Harden as APAC president
The switch confirms a move first reported by Insurance Insider last month.
Samuel Casey
,
16 August 2021
Fidelis hires sustainability head, looks to exercise ‘soft power’ on ESG issues
The new hire joins after working in similar roles for Standard Chartered and Aviva.
Rachel Dalton
,
16 August 2021
Storm surge warning for Florida as Tropical Storm Fred nears
A state of emergency has been declared across swathes of Florida by Governor Ron DeSantis.
Samuel Casey
,
16 August 2021
Willis Re sale: The least-worst option after the Aon gamble
Willis’s sale of its reinsurance arm was the best option it had left – but the loss will have implications for the wider business.
Rachel Dalton
,
16 August 2021
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