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Progressive earnings: Trend is not your friend
Progressive’s June results point to worsening underlying trends for personal auto carriers.
Insurance Insider US Research
,
16 July 2021
Mapfre H1 premiums up 6.2% as reinsurance swells
The composite insurer has seen top-line growth in Spain and Latin America.
Rachel Dalton
,
16 July 2021
Lockton Re hires Aon’s Charit to specialty division
The expansive broker has poached a number of senior staff from Aon as it builds its team.
Samuel Casey
,
16 July 2021
Aspen appoints Aberdeen’s Mathieson to replace Astwood as CIO
Aileen Mathieson, who will start on 15 November, will also join Aspen’s group executive committee.
Jim Robinson
,
16 July 2021
Young confirmed as CEO for IQUW’s new Bermudan reinsurer
ERS’ recently rebranded (re)insurer IQUW has confirmed the appointment of Stephen Young as CEO for a new Bermudan division, as first revealed by this publication.
Luke Harrison
,
16 July 2021
IG tells market Ever Given settlement will not hit reinsurance tower
Sources estimated the settlement would have had to exceed $200mn to hit the lower layers of the tower.
Adam McNestrie
,
16 July 2021
Aon names Thompson chief broking officer for EMEA
The Madrid-based executive, who has worked for Aon for 15 years, has been given a broader remit amid a reshuffle of senior EMEA roles at the broker.
Rachel Dalton
,
16 July 2021
Howden names Langdale head of new climate risk and resilience division
The new team will focus on risk transfer products to help accelerate and de-risk the move towards a low carbon economy.
Alex Frampton
,
16 July 2021
Swiss Re held greatest share of Sasria 2020 reinsurance placement
The five reinsurers with the largest shares of the 2020 programme were Swiss Re, Scor, Munich Re, Hannover Re and Lloyd’s carriers.
Catrin Shi
,
16 July 2021
ArgoGlobal and Tokio Marine HCC launch cargo consortium
The consortium, understood to have a limit of $30mn, is targeting mid-market business.
Samuel Casey
,
16 July 2021
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