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IAG lifts 2020 cat reinsurance to $7bn as H1 claims burst budget
The carrier’s quota-share reduces the cost of the first event to about $118mn, unchanged in Australian dollar terms from last year.
Anna Sagar
,
January 03, 2020
Assurant president and CEO for Canada steps down
Paul Cosgrove will succeed Bob Zanussi, who is retiring from his roles as president and CEO of the Canadian operations.
Christie Smythe
,
January 02, 2020
The Hanover announces commercial lines leadership changes
Mitchell was appointed president of middle market, while Grieco was made chief product and underwriting officer for commercial and specialty.
Christie Smythe
,
January 02, 2020
Axis, Gen Re and TransRe drop off NFIP reinsurance panel
The government-run flood insurance provider secured $1.33bn in reinsurance coverage for 2020.
Christie Smythe
,
January 02, 2020
Argo concedes to Voce influence with board appointments
The investor’s nominee Carol McFate will take the spot vacated by former CEO Mark Watson III.
John Hewitt Jones
,
January 02, 2020
Reinsurance renewals expose pricing/sentiment paradox
Relatively contained gains on pricing contrast with bullish views on reinsurers' prospects.
Adam McNestrie
,
January 02, 2020
Argo and Voce agree on New Year peace deal
The activist backs down from a bid to prematurely oust five Argo directors.
Rachel Dalton
,
January 02, 2020
Snap verdict on 1 January renewals
Rate growth fails to meet early expectations but the market is clearly tightening in aggregate.
Adam McNestrie
,
December 31, 2019
TMK CEO Franks to become group adviser
The executive’s departure after 11 years at the helm of TMK was first announced in September.
Laura Board
,
December 30, 2019
AIG’s Browne joins Berkshire as UK, Europe head of casualty
Hilary Brown most recently served as head of casualty, international for AIG.
Christie Smythe
,
December 27, 2019
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