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The Week in 90 Seconds: Hurricane season, Downstream, D&F, US renewals
Plus the latest executive moves and all the top news of the week.
Rachel Dalton
,
02 June 2023
Everest Insurance appoints Maritzen as global CUO
Maritzen joins Everest after less than six months as head of underwriting for Berkshire Hathaway’s property program business.
Aisling Finn
,
01 June 2023
Property cat rates up 33% at 1.6: Howden Tiger
Some cedants paid more than 40% increases depending on Florida concentration and Hurricane Ian losses.
Rachel Dalton
,
01 June 2023
Global 1-in-200-year cyber industry loss could reach $33.4bn: Guy Carpenter
Analysis showed a modelled loss range of between $15.6bn and $33.4bn for a 1:200-year global loss event.
Abbie Day
,
01 June 2023
Allianz Commercial CEO McGinn to step down
Simon McGinn joined Allianz in 2004 and was made CEO of Allianz Commercial in 2021.
Aisling Finn
,
01 June 2023
Volante Global launches in Singapore
The platform will offer (re)insurance solutions in the APAC region through Volante’s Lloyd’s Syndicate 1699.
Abbie Day
,
01 June 2023
Westfield Specialty takes Aviva’s Fellows and targets London D&O launch
Syndicate 1200 exited London D&O in 2020 when it was under the ownership of Argo.
Samuel Casey
,
01 June 2023
Liberty Specialty Markets adds Matthews and O’Brien to trade credit team
Based in London, the pair will be tasked with growing LSM’s multi-buyer trade credit portfolio.
Aisling Finn
,
01 June 2023
Marine market caught in ‘cat’s cradle of complexities’ over Russian sanctions
Neil Roberts, head of marine and aviation at the LMA, has called for a Plan B to Russian sanctions to help the marine sector.
Aisling Finn
,
01 June 2023
2023 Atlantic hurricane season preview: Rolling the dice
Most forecasters predict below-average activity in the region – but opposing weather phenomena mean uncertainty is higher than usual.
Ben Wylie
,
01 June 2023
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