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Aon hires Guy Carp’s Caccamese as managing director facultative reinsurance
Caccamese spent nearly six years at rival broker Guy Carpenter prior to joining Aon.
Jai Singh
,
16 October 2023
BMS hires Bohm to lead US Capital Advisory and BMS Capital Advisory Inc
Bohm joins from Swiss Re Capital Markets, where he was head of structuring for the Americas.
Jai Singh
,
16 October 2023
Elseco appoints investment bank to advise on strategic options
It is understood the MGA will run a restricted process, but owners are open-minded on counterparties.
Adam McNestrie
,
16 October 2023
Tower revises profit guidance for FY23 to NZ$7mn-NZ$10mn
The insurer had expected to exhaust its entire A$50mn large events loss allowance, which has been now revised to around A$38m.
Jai Singh
,
16 October 2023
Tax liability MGA Certa appoints Macquarie for sale process
The specialist MGA was launched in February 2019 by former Aspen active underwriter Ed Beckwith in collaboration with former Pembroke head of tax Tom Cartwright.
Ayesha Venkataraman
,
16 October 2023
WTW lures Marsh McLennan’s Powell as global chief claims officer
The executive was Marsh McLennan’s global chief claims officer and will join WTW early next year.
Samuel Casey
,
16 October 2023
CDB Aviation becomes latest lessor to strike deal with Aeroflot
The China Development Bank-owned lessor received $195mn for four aircraft leased by Aeroflot.
Aisling Finn
,
16 October 2023
Howden secures £500mn of capacity to turn InsurTechs into MGAs
Tokio Marine Kiln, Chaucer and Liberty Specialty Markets are among the Lloyd’s carriers understood to have joined the new venture.
Aisling Finn
,
16 October 2023
Midwest mutuals: Stress indicates a possible fracture point in 1.1 renewals
Gulf insurers have borne the brunt of reinsurance rate corrections in the past couple of years, but a different, albeit similar market segment is emerging as a focus for concern ahead of this year’s 1 January renewal.
Fiona Robertson
,
16 October 2023
2023 now a record year for $1bn weather and climate disasters in US
During the first nine months of 2023, a total of 24 separate billion-dollar weather and climate disasters have been confirmed by the NOAA’s National Centers for Environmental Information.
Kyoung-son Song
,
13 October 2023
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