Operations/tech
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Reinsurance chairman will take on the CEO role until a successor is announced -
Lara Mowery and John Crichton will also join the committee as global head of distribution and chief information officer, respectively
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The CEO highlights his company’s ability to protect jobs and salaries and forecasts a diminished role for travel and entertainment.
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The incoming CEO plans growth in retro, cat and property per risk as pricing improves.
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The global InsurTech chief warns of a potential “emotional reaction” towards the sector if the IPO experience at the renters’ carrier sours.
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Sources suggest the raise could take the (re)insurer's equity base up to the $3bn it initially targeted.
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The Marsh CEO outlined MMC’s five-point plan to improve racial equity during an Insider Progress webinar.
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Yesterday RLI reported Q2 earnings, putting up operating EPS of $0.77.
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He will assume management of AIG’s life and retirement, IT and enterprise risk functions alongside his existing roles.
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Ventosa joins Lockton as a director of energy, as the world’s largest privately held broking firm targets clients in the oil and gas industry.
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The deal sets an exit plan for Stone Point from the Bermuda group’s North Bay entity if that business isn’t reorganised by year-end.
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Over four fifths of (re)insurers surveyed before the Covid-19 pandemic incorporate ESG into asset allocation, the asset management arm of the US bank finds.
