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Hiscox promotes Flaquet to group COO
He will report to Hiscox group CEO Aki Hussain.
Luke Harrison
,
28 June 2022
Sompo joins Net-Zero Insurance Alliance
The carrier is the first Japanese company to join the insurance, asset owner and investment manager green alliances.
Rachel Dalton
,
28 June 2022
Consilium’s Exponential hires Evans and Reddy
The DUA service is aiming for $1.5bn GWP within three years.
Rachel Dalton
,
28 June 2022
Queensland and NSW flood losses rise A$500mn to A$4.8bn
Close to 225,000 insurance claims relating to the event have been lodged across both states.
Luke Harrison
,
28 June 2022
Lack of transparency hindering ESG ratings: ESMA
More than 60% of respondents to an ESMA survey believe the level of methodological transparency is still unsatisfactory.
Luke Harrison
,
28 June 2022
Youi’s Oz-flood losses highest in its history at A$140mn
The carrier’s losses from the Melbourne earthquake and various large storms have also exceeded initial estimates by $8mn.
Luke Harrison
,
28 June 2022
July renewals: Inflation and losses build up cat rate momentum
Sources described Australia as ‘the new Florida’ while US rates are also on the rise.
Fiona Robertson
,
28 June 2022
Argo passes first-round bid deadline with limited interest
The board retained Goldman Sachs to advise in April, and the investment bank has been running a sales process.
Adam McNestrie
,
27 June 2022
Everest Reinsurance names Munich Re’s Stuhl as global distribution SVP
In this newly created role, Joe Stuhl will lead the reinsurance organization’s global distribution strategy and address emerging needs.
Farhin Lilywala
,
27 June 2022
Insurers say Stonegate’s BI case is a ‘perversion of language’ in £1.1bn trial
The insurers also claimed that Stonegate’s desired treatment of furlough payments would lead to it being ‘over-indemnified’.
Samuel Casey
,
27 June 2022
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