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The Week in 90 Seconds: Howden’s quest for world domination; IFRS 17 guide; Q1 results
Plus all the latest executive moves and the top news of the week.
Rachel Dalton
,
05 May 2023
Perils estimate for Turkish quakes up 32% to 86.4bn Turkish lira
The loss figure only includes property losses incurred in Turkey, as Perils does not cover Syria.
Aisling Finn
,
05 May 2023
Lockton to acquire ~250-employee THB Brazil from Amwins
Following the deal, Jose Otavio Sampaio will continue as Lockton Brazil CEO while THB Brazil CEO Eduardo Lucena will become deputy CEO of the combined entity.
Jairo Ibarra
,
04 May 2023
BHSI promotes Browne and Holmes to global underwriting leadership roles
Browne becomes deputy global chief underwriting officer and Holmes assumes the role of global underwriting officer of property for energy and construction.
Kyoung-son Song
,
04 May 2023
SiriusPoint’s stake in MGA Banyan reduced to 49% from 100% after recap
Bermudian carrier SiriusPoint’s equity stake in D&O MGA Banyan Risk has been reduced to 49% from 100%, filings show.
Jairo Ibarra
,
04 May 2023
BMS Re promotes Wheeler to president
Wheeler will report to Pete Chandler, CEO of BMS Re.
Ayesha Venkataraman
,
04 May 2023
Dacey: Swiss Re has ‘appetite’ for mid-year opportunities
The CFO said cedants ‘recognise the new supply-demand reality’ as it benefitted from an early release of Hurricane Ian reserves.
Rachel Dalton
,
04 May 2023
Probitas launches transition-focused energy account with Munich Re’s Grainger
The news follows months of speculation in the energy market about James Grainger’s plans after his resignation from Munich Re.
Samuel Casey
,
04 May 2023
Enstar swings to profit, reports $424mn in Q1 earnings
The carrier attributed its results to strong investment returns.
Aisling Finn
,
04 May 2023
Hiscox to target net reinsurance growth as hard market persists: Hussain
The executive said the company was applying a “gentle brake” in the D&O class as rates fall.
Samuel Casey
,
04 May 2023
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