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Patton Kline succeeds Glod as US aviation and space practice leader.
The broker said 2026 will bring a “cautious but deliberate” aviation reinsurance environment.
This publication revealed yesterday that the two were in detailed takeover talks.
This publication revealed yesterday that Sompo is currently in negotiations with Aspen.
The news comes after the announcement of CEO Graham Evans’ departure.
A key hearing in the poaching case is set for 4 September in New York.
Worsening trading conditions in the D&O market are leading to staff cutbacks.
Sources said that detailed discussions have taken place, with a clear path to a deal.
The update will enable structured data capture early in the placing process.
Placement head Delchar said Gemini will be available across its global book of in-scope risks.
The broker approved a grant of $316mn in equity awards payable in staggered amounts over the coming five years.
There has already been an influx of new capacity from MGAs into the power market.
The carbon-credit insurer has appointed James Morrell head of credit underwriting.
Candy Wong spent 30 years at Aon Re China before a stint at Guy Carpenter.
Signature of the exit plan is needed for cutover in 2026.
The move is a retaliation to Howden’s US retail launch.
Besides Russia-Ukraine losses, the Air India crash losses totaled $26mn.
Peter Vogt will act as a strategic advisor at Axis until the end of 2026.
Matthew Budd has over 30 years’ claims experience and previously worked for Talbot and XL.
The CEO said the carrier will prioritise margin over top-line growth.
Nat-cat events triggered A$1.36bn of losses during the year.
The overseas division booked a combined ratio of 94% for the quarter.
Beth MacGregor and Adam Vulliamy are also set to join from Axis Capital.
Competitor news
Competitor news
Competitor news
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Dr Renate Strasser and Shanil Williams will take on the expanded responsibilities as chief technical and chief underwriting officers, respectively. -
The US mutual cut back its 1.1 reinsurance program, according to sources.
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Karen Pickersgill joined Allianz in 1999 following roles at Aviva and Cigna.
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From our other titles
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From Insurance Insider ILS
Vesttoo’s bankruptcy creditors launch lawsuit against Aon and CCB
The lawsuit is the latest development in the multi-billion dollar reinsurance scandal.
From Insurance Insider ILS
SCS model updates offer more robust basis for aggregate deals
ILS investors have fought shy of multi-peril aggs due to low confidence in SCS modelling.
From Insurance Insider ILS
Cat bond funds outpace private ILS by 2.01 points in H1: ILS Advisers
The ILS Advisers Fund Index reported a profit of 1.11% in June.
From Insurance Insider ILS
Swiss Re’s nat cat premium volumes flat in renewals year to date
The reinsurer had $2.8bn of natural catastrophe business up for renewal in the year so far.
From Insurance Insider ILS
Conduit Re will ‘invite’ third-party investors as it expands ILS over time
The reinsurer has already dipped into the cat bond market with its Stabilitas Re retro deals.
From Insurance Insider ILS
Florida rates likely to remain stable through 2025: HCI CEO
With plenty of reinsurance capacity, CEO Patel said it’s been a “boring year” for treaty negotiations.
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Insurance Insider ILS provides robust insights, sharp analysis and exclusive news on the global insurance-linked securities market.