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Travelers: No plans to drop agg attachment despite Q3 exhaustion
CEO Alan Schnitzer acknowledges coming reinsurance rate hikes.
Rachel Dalton
,
20 October 2020
Aon hires Axa XL head of UK cyber Folkard
The move marks a return to broking for the executive who, prior to Axa XL, worked at Willis Towers Watson.
Catrin Shi
,
20 October 2020
Munich Re flags 77% drop in Q3 profit after EUR800mn of Covid losses
“Non-Covid” claims in the quarter also came in above average, with the Beirut blast its largest man-made loss.
Laura Board
,
20 October 2020
Travelers exhausts $280mn aggregate reinsurance
Quarterly losses were led by the Midwest derecho, Hurricane Isaias and the Glass Fire.
Fiona Robertson
,
20 October 2020
Aon makes former Pioneer active underwriter Rayner CEO of alternative distribution platform
The new platform encompasses Aon’s existing global MGA and portfolio solutions businesses.
Anna Sagar
,
20 October 2020
Axa XL’s global energy CUO Jones and others depart
Jonathan Ibbott, David Watts and Urs Uhlmann have also left the business.
Anna Sagar
,
20 October 2020
Gallagher hires Zurich exec as market management director
Nick Price will report to global broking director Ron Hayes and oversee the retail division’s insurer relationships, products and services.
Anna Sagar
,
20 October 2020
LSM fills new chief digital transformation officer role
Mandy Macqueen joins from law firm Allen & Overy.
Anna Sagar
,
20 October 2020
Munich and Hannover gun for 1.1 European rate rises
The reinsurers point to falling interest rates and loss experience as the basis for further hardening.
Jeff Kuntz
,
20 October 2020
With its upcycle plans for ERS, Aquiline is looking to attack the market with the assets it has to hand
With its plans for ERS, Aquiline is looking to attack the hardening phase with the assets it has to hand.
Catrin Shi
,
20 October 2020
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