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Consilium appoints Ed’s Richards as co-CEO

The recruit is reunited with former Ed colleague and co-CEO James Baird.

Rachel Dalton, 16 January 2023
Lloyd’s subordinated Tier 2 rating raised to ‘A-’

The rating was raised from ‘BBB+’ due to the Corporation’s stable and sustainable solvency ratio.

Abbie Day, 16 January 2023
‘Mega deals’ dominate legacy market in 2022 as transaction sizes continue to swell

At least $7.8bn in reserves was transferred from the live market to legacy carriers last year, with Enstar the leading acquirer.

Ben Wylie, 16 January 2023
MS Reinsurance promotes Castagnino to LatAm head

Having joined the company in 2016, the executive was working as a lead underwriter in LATAM prior to the announcement.

Kyoung-son Song, 13 January 2023
AM Best puts negative outlook on Canopius US, Re

The group’s operating results have improved, but the ratings agency warned that further action could be taken if risk-adjusted capital levels did not rise.

Fiona Robertson, 13 January 2023
AIG’s NA property CUO Maritzen leaves for Berkshire Hathaway

It is understood that the executive will be joining the conglomerate’s reinsurance business, run by Ajit Jain.

Kyoung-son Song, 13 January 2023
Fidelis secures approval to represent itself in AerCap court case

The carrier argued that, because the sum it was being sued for was significant – $95mn in the all-risk case and $240mn in the war risk case – it should be allowed to represent itself.

Aisling Finn, 13 January 2023
Axa XL adds Mapfre’s Becerra to aviation team

Oscar Becerra has nearly two decades of experience in the aviation market, both as a broker and an underwriter.

Aisling Finn, 13 January 2023
Natural disasters in 2022 cost Australian economy A$5bn

The government will look to mitigate against future disasters rather than subsidise insurance.

Rachel Dalton, 13 January 2023
Spiegel sells off £1.9mn in R&Q shares to fund tax bill

The executive chairman has sold around half of his holding back to the company.

Rachel Dalton, 13 January 2023

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