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Wallace appointed head of UK branch and CUO at Everest Re
Mark Wallace replaces Paul Tester, who has been appointed SVP, executive advisory director, international reinsurance.
Abbie Day
,
08 January 2024
Reinsurers recouped prior-year capital losses in 2023: AM Best
Meaningful softening in 2024 still unlikely, the ratings agency said.
Rachel Dalton
,
08 January 2024
Marine war market grapples with escalating Red Sea tensions
Prices are surging as a result of heightened risk but coverage remains readily available for shipowners.
Samuel Casey
,
08 January 2024
Cowbell extends cyber offering to UK mid-market business
Traditional InsurTech offerings for the UK mid-market "often fall short", according to Cowbell UK’s Simon Hughes.
Abbie Day
,
08 January 2024
Merck, insurers settle long-running litigation over $1.4bn cyberattack claim
The 11th hour settlement came just days before the case was scheduled to be heard by the New Jersey Supreme Court.
Hal Stucker
,
05 January 2024
KCC pegs Japan earthquake insured losses at $6.4bn
Residential losses are expected to account for around two thirds of the claim total.
Samuel Casey
,
05 January 2024
QBE Re names Durst global head of cyber
Salvatore Sama has been named global product head for casualty, while Jane Farren has been named global head of financial professional lines.
Abbie Day
,
05 January 2024
Japanese carriers likely to make ‘significant payouts’ after quake: Aon
While it is too early to determine the total financial loss, the US Geological Survey believes there is a 64% likelihood it will reach into the billions of US dollars.
Jai Singh
,
05 January 2024
Tokio Marine HCC continues power buildout with Scor’s Phipp
The global segment leader for power generation moves to Tokio Marine HCC soon after his colleague Nicola Hannay.
Samuel Casey
,
05 January 2024
NFIP places $619.5mn of reinsurance for 2024, up 23% YoY
The $7bn initial attachment point has remained unchanged from last year.
Jai Singh
,
05 January 2024
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