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Tropical Storm Lee to become Cat-4 hurricane; direction remains uncertain
Tropical Storm Lee is set to strengthen to an “extremely dangerous” Category 4 hurricane by the end of the week, although there are no coastal watches or warnings in place as yet.
Rachel Dalton
,
06 September 2023
RSA promotes finance risk director Smith to commercial lines CUO
The executive has worked at RSA for the past 19 years in actuarial and finance roles.
Samuel Casey
,
06 September 2023
Marsh makes Harris UK retail CEO
Marsh McLennan has also appointed Ailsa King as UK CCO.
Rachel Dalton
,
06 September 2023
Cowbell launches UK standalone insurance product, hires Howden’s Aleppo
The US-based cyber MGA launched in the UK in April.
Rachel Dalton
,
06 September 2023
Reinsurers’ H1 RoE surpasses cost of capital for second year running: Gallagher Re
Carriers benefited from improved rate adequacy and the impact of interest rate rises on investment returns.
Rachel Dalton
,
06 September 2023
Ratings agencies highlight reinsurer tightrope on performance
Key trends the credit agencies will be monitoring include inflation, redistribution of losses and the investment bounce-back.
Fiona Robertson
,
06 September 2023
AIG appoints Fato to new role of vice chair
The former general counsel and communications chief will move to the role on 1 October.
Rachel Dalton
,
06 September 2023
CelsiusPro strikes deal to acquire Global Parametrics
The two parametric businesses will be brought together as the UK and German governments sell out.
Adam McNestrie
,
06 September 2023
Renewable energy specialist InsurTech Renew Risk raises £1.7mn
Renew Risk will be hiring cat modellers and climate scientists, as it expands its proposition to help insurers understand the risks of insuring renewable energy infrastructure.
Marcel Le Gouais
,
06 September 2023
Afro-Caribbean Insurance Network rebrands as Equity
The group is expanding its remit beyond the black community to focus on more underrepresented groups in financial services.
Rachel Dalton
,
05 September 2023
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