Article ID: 272a49a24329f0bcafef5be06e58175709724a591482b75fe86723dc0c697216
Source ID: secondary:globalreinsurance.com
Published At: -
Extraction Method: trafilatura
URL: https://www.globalreinsurance.com/news/5792.more?navcode=1817
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News - News Lewis to lead specialty MGA HIVE’s marine expansion Appointment of Nick Lewis marks next phase of MGA’s multi line specialty build out following aviation and space launches - News Howden Re expects disciplined growth and gradual softening in credit and political risk market Strong demand from banks and corporates continues to underpin performance as CPRI underwriting standards and talent constraints limit downside risk - News Beazley board rejects Zurich’s £7.7bn approach as ‘materially undervaluing the business’ Insurer says Zurich’s proposal fails to reflect long term prospects and points to strong returns underwriting performance and capital strength - News Severe convective storms emerge as costliest insured peril of the century, Aon says New report shows frequent weather events are reshaping loss patterns and reinforcing the need for physical and financial resilience - News US dominates ‘manageable’ $129bn claims burden in 2025 – Gallagher Re Lower aggregate losses mask persistent volatility and widening protection gaps across vulnerable regions - News Cellura and Gallagher take senior fac roles at Everest Two appointments strengthen leadership of global facultative and hybrid reinsurance platform - News AM Best shifts global reinsurance outlook to stable after soft 1/1 renewals Ratings agency points to accelerating softening in property reinsurance, persistent casualty pressures and elevated catastrophe losses, while noting robust capital positions and continued underwriting discipline - News Hua promoted to lead LSM war and terrorism in LatAm and US Lillian Hua steps into a senior regional role overseeing Liberty Specialty Markets’ war and terrorism offering across Latin America and the US - News Wilson takes outwards reinsurance role at MS Amlin Internal promotion to lead the re/insurer’s strategic direction and day to day leadership of its outwards reinsurance function across London, Dubai and Singapore - News Lloyd’s Patriotic Fund becomes Lloyd’s Veterans Charity Founded in 1803, the charity’s lead donor is the Corporation of Lloyd’s, linked closely with the Lloyd’s market, City branch of the Royal British Legion, and the Lloyd’s Military Network - News Zurich reveals £7.7bn bid to buy Beazley The Swiss insurer went public today with a possible £7.7bn ($10.3bn) cash bid for Beazley, lifting the price after an initial approach was rejected by the London-listed specialty carrier - News Liu to lead QBE Re 'Greater China' role Singapore-based role at QBE Re to be held by former Munich Re and SCOR executive Sven Liu - News Gallagher Re: California wildfire risk recalibrated for north-south dynamics The reinsurance broker’s analysis shows Northern California now accounts for roughly half of the state’s average annual wildfire loss, even as Southern California remains the source of the most extreme and costly events - News Frankland appointed non-exec chairman at Price Forbes Re Former European CEO at Guy Carpenter joins rival broker Price Forbes Re as non-executive chairman, pending regulatory confirmation - News ESA and Liberty Mutual Re explore space-enabled parametric covers The European Space Agency has teamed up with reinsurer Liberty Mutual Re to explore new avenues for climate risk parametric risk transfer - News Line joins CFC as chief underwriting officer CUO Nick Line swaps Markel International for CFC as the company suggests growth ambitions - News Willis and Synthetik expand political violence modelling partnership Willis expands its partnership with the technology firm across the specialty broker’s client advisory for PV and terrorism risks - News Swiss Re: AI boom reshapes risk, but leaves insurers exposed Artificial intelligence is driving growth in new insurable assets and transforming insurers’ operations, but Swiss Re Institute warns that economic fragility, new liability risks and competitive pressures could torpedo profits - News ATA launches $750m AI infrastructure risk facility Advanced Technology Assurance has launched an insurance consortium of up to $750m to underwrite the global AI infrastructure build-out, backed by a consortium of more than 10 re/insurers and Lloyd’s syndicates - News Chaucer reshapes Singapore leadership with Loh, Bryan appointments Chaucer has appointed Les Loh as CEO Singapore and named Dan Bryan to lead its Asia Pacific reinsurance business, as the China Re-owned group strengthens its regional leadership team
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