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QBE becomes ninth big name to exit NZIA
The Net-Zero Insurance Alliance has been urged to overhaul its objectives as the string of high-profile carrier departures continues.
Ayesha Venkataraman
,
26 May 2023
Opinion: The NZIA is on the ropes but not yet out for the count
After founder members Axa and Allianz dealt a potentially terminal blow to the Net-Zero Insurance Alliance by withdrawing, the NZIA is exploring limited options to continue.
Marcel Le Gouais
,
26 May 2023
Wade appointed to senior roles at Helios and Mitsui Sumitomo
Industry veteran Michael Wade will join Helios as a director and chairman, and take on a senior advisory post at Mitsui.
Abbie Day
,
26 May 2023
Darag in frame for paper merger deal with larger legacy firm
In reality, there are three credible buyers for the ~EUR200mn-book-value Darag – Riverstone, Enstar or Premia.
Adam McNestrie
,
26 May 2023
Sompo becomes eighth major carrier to exit NZIA
Sompo is the eighth major insurer to leave the NZIA, casting even further doubt on its future as remaining members explore options around whether to continue.
Marcel Le Gouais
,
26 May 2023
White Mountains makes Hicks board chairman
Weston Hicks replaces retiree Morgan Davis in the role.
Rachel Dalton
,
26 May 2023
Helios books £1.3mn loss for 2022 as top line increases 131%
The underwriting vehicle increased its capacity for 2023 by 34% to £238mn.
Rachel Dalton
,
26 May 2023
The Week in 90 Seconds: RenRe-Validus, Cyber war, Florida renewal, London Q1
Plus interviews with PPL, BMS and Kentro, and all the latest executive moves.
Rachel Dalton
,
26 May 2023
OdysseyRe taps Guy Carpenter’s Shafer as NA cyber head
Based in Stamford, Connecticut, the executive will oversee the carrier’s cyber fac and treaty operations reporting to NA CEO Brian Quinn.
Jairo Ibarra
,
26 May 2023
NOAA predicts ‘near normal’ hurricane activity this year
The US National Oceanic and Atmospheric Administration (NOAA) has forecast “near normal" hurricane activity in the Atlantic this year.
Aisling Finn
,
25 May 2023
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