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Generali names Tokio Marine Europe’s Kanu CEO of GC&C
Kanu will succeed interim leader Manlio Lostuzzi.
Abbie Day
,
19 January 2023
Hannover Re secures $100mn cyber retro quota share with Stone Ridge
The transaction is the first proportional deal for cyber risk in the capital markets.
Rachel Dalton
,
19 January 2023
Howden appoints Marsh’s Strong as managing director, credit and political risks
Matthew Strong spent three years at Marsh as CEO, credit specialties, UK & Ireland.
Abbie Day
,
19 January 2023
LSM promotes Owen to global head of financial risk solutions
Owen takes over from Peter Sprent who is leaving the carrier at the end of March to pursue personal interests.
Aisling Finn
,
19 January 2023
Severe weather in 2022 caused C$3.1bn of damage in Canada: IBC
The Ontario and Quebec derecho was the most severe weather event for Canada in 2022, causing C$1bn worth of losses.
Aisling Finn
,
19 January 2023
LMG to open Process, Roles and Responsibilities consultation on 2 February
The consultation is aimed at supporting the implementation of Blueprint Two’s digital solutions.
Aisling Finn
,
19 January 2023
Cyber re: Growing Bermuda appetite, but QS renewals remain even-handed
More quota share capacity was on offer, but reinsurers were still pushing to manage exposures through loss caps.
Fiona Robertson
,
19 January 2023
Hippo lifts retention by 30% as quota share cover shrinks
The InsurTech said it had raised its per occurrence limit by 32%.
Kyoung-son Song
,
18 January 2023
Oneglobal receives broking licence in Bolivia
Sources said the company obtained the license from local authorities to operate as a reinsurance broker and is running a similar process in Colombia.
Jairo Ibarra
,
18 January 2023
NFIP Ian payouts rise 29% to $2.2bn
The federal flood program expects ultimate losses to reach between $3.5bn and $5.3bn.
Abbie Day
,
18 January 2023
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