People Moves: Beazley Announces MacCabe Retirement, Wheeler and Pereira Promotions for Int’l Mgmt. Liability; Gallagher Re Names 6 Senior Execs for APAC Region June 6, 2022 This edition of International People Moves details appointments at Beazley and Gallagher Re. A summary of these new hires follows...
Global Re/insurers See Average Premium Increases of 11% in 1st Quarter: Gallagher Re May 31, 2022 Premium growth during the first quarter saw an average increase of 11%, which was supported by continued favorable pricing for...
Inflation a ‘Major and Growing Concern’ for Reinsurers April 4, 2022 With buyers’ needs for capacity stable and remaining within the collective appetites of reinsurers, April 1 reinsurance renewals were orderly,...
People Moves: Rosa Appointed CEO of Euler Hermes Agency; Gallagher Re Adds Aon’s LaPalme; Marsh Hires Lipinska, Cobb February 28, 2022 This edition of International People Moves details appointments at Euler Hermes, Gallagher Re and Marsh. A summary of these new...
Cyber Market Primed to Grow and Eclipse Property by 2040: Gallagher Re February 23, 2022 By Chad Hemenway Following a pause to stabilize the vessel, the cyber market is poised for a wave of growth that could make...
Natural Disasters Cost Insurers $116B in 2021, or 63% Higher Than Average: Gallagher Re February 4, 2022 Insured losses from major natural catastrophes in 2021 – excluding COVID-related losses – have so far reached an estimated US$116...
People Moves: Peak Re Appoints Echo Re’s Nowakowski to Lead P/C Underwriting; Gallagher Re Hires EMEA Dir. for Public-Private Initiatives; Pool Re’s Enoizi to Work With Cambridge Centre for Risk Studies January 25, 2022 This edition of International People Moves details appointments at Peak Re, Gallagher Re and the Cambridge Centre for Risk Studies....
People Moves: Muñiz Named GC&C’s Head of Construction & Green Energy; Gallagher Re Hires Hiscox’s Kim for Cyber; Chubb Promotes Kropp to Global Head of Operations/Tech January 21, 2022 This edition of International People Moves details appointments at Generali Global Corporate & Commercial (GC&C), Gallagher Re and Chubb. A...
Many Re/Insurance Buyers Are ‘Frustrated’ With Multiple Years of Price Rises January 5, 2022 By L.S. Howard Frustration is setting in for commercial insurance buyers subjected to multiple years of price rises, especially those that have improved...
COVID-19 Claims of $44B Are 3rd Largest Catastrophe Loss: Howden January 4, 2022 Insured losses of $44 billion from COVID-19 so far represent the third largest cost to insurers of any catastrophe, behind...