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Axa XL names Chubb’s Hosking as head of mid-market

Hannah Hosking will join from Chubb to lead the strategy across the business, focusing on growth at the higher end of the market segment.

Abbie Day, 04 April 2023
Everest continues cargo build in London with Axis’ Axtell

The carrier has made significant investments towards launching in numerous primary specialty classes in London.

Samuel Casey, 04 April 2023
Global reinsurer capital drops by $100bn during 2022: Aon

Reinsurers achieved an average ROE for 2022 of 5.2% – far below the cost of capital – in what Aon described as a “poor year for reinsurance sector earnings”.

Rachel Dalton, 04 April 2023
Beat Capital launches specialist energy underwriter with Charlton at the head

The underwriter will focus exclusively on onshore and offshore energy insurance worldwide outside the US, focusing on clients transitioning to a net zero environment.

Abbie Day, 04 April 2023
Gallagher Re names McMillan as renewable energy lead

McMillan joins from Siemens, where he spent 16 years, most recently as global head of product safety and risk.

Aisling Finn, 04 April 2023
Cowbell appoints CFC’s Hughes as UK general manager

Simon Hughes spent just under seven years as CFC’s cyber team leader.

Rachel Dalton, 04 April 2023
R&Q eyes separation of Accredited from legacy, expects 2022 loss of $30mn-$40mn

The company believes the program management and legacy businesses would work better as standalone operations.

Rachel Dalton, 04 April 2023
Fears that US biometric legal rulings will send third-party cyber claims rocketing

Legal precedents are being set which could lead to crippling liabilities for US businesses as well as longer term data management implications.

Abbie Day, 04 April 2023
Helios names Ascot founder Reith CEO and eyes increased fee income

Nigel Hanbury, who has been CEO since 2012, will move into the role of executive deputy chairman.

Samuel Casey, 04 April 2023
W&I notification rate hits 9% in 2022 and could increase further: Howden

The later notification trend means the impact of bumper M&A year 2021 on the warranty market has yet to fully materialise.

Samuel Casey, 03 April 2023

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