Oneglobal Broking Expands into Hong Kong, Names Ex-JLT Exec Langridge as HK Chair August 5, 2020 Oneglobal Broking, the London-based broker, announced the establishment of Oneglobal Group Asia and that its first operating company, Oneglobal Broking...
Guy Carpenter Appoints Askew as Canada President and CEO, Succeeding Callahan August 5, 2020 Guy Carpenter & Co., the reinsurance broker and unit of Marsh & McLennan Cos., announced the appointment of Peter Askew...
Allianz’ Net Profit Drops 29% in 2nd Quarter Amid COVID-19 Crisis August 5, 2020 German insurer on Wednesday posted a 29% fall in net profit in the second quarter from a year earlier and...
UK Insurer Direct Line’s H1 Profits Beat Forecasts as Auto Claims Drop During Lockdown August 4, 2020 By Muvija M Insurer Direct Line gave a double bonus to shareholders on Tuesday as first-half profits beat expectations due to a slump...
Lloyd’s Promotes Spyropoulos to CEO, Lloyd’s Asia, and Country Manager, Singapore August 4, 2020 Lloyd’s, the specialist insurance and reinsurance market, announced it has promoted Pavlos Spyropoulos to CEO of Lloyd’s Asia and country...
Aon’s Reinsurance Solutions Taps Turner from AXA XL to Lead UK Property Team August 4, 2020 The Reinsurance Solutions business of Aon plc has appointed Catherine Turner as head of UK Property, and co-leader with Richard...
Aviation Sector Carries Biggest Risk of Corporate Default from Pandemic: Gallagher August 4, 2020 The aviation sector carries the biggest risk of corporate default as a result of the coronavirus pandemic, according to a...
UK Regulator Warns Insurers to Fairly Calculate COVID-Related Biz Interruption Claims August 4, 2020 Insurers that do not treat customers fairly when calculating payouts for business interruption due to the coronavirus crisis will face...
EXOR and Covéa ‘Normalize’ Relations After Failed PartnerRe Deal August 4, 2020 Italy’s EXOR said on Monday that French insurer Covéa had agreed to invest a total of 1.5 billion euros ($1.8...
Hamilton Re CEO Reardon Exits with Brown Named Interim CEO August 3, 2020 Hamilton Insurance Group Ltd. announced that David Brown has been appointed interim CEO of Hamilton Re Ltd. It was also...