People Moves: Canopius Taps AXA XL’s Houghton as Product Leader, Specialty; Swiss Re Promotes Camara to Head of P/C Re in Northern, Central, Eastern Europe June 19, 2024 This edition of International People Moves details appointments at Canopius and Swiss Re. A summary of these new hires follows...
Where the AI Risks Are: Swiss Re’s Top 10 Ranking by Industry May 29, 2024 By Susanne Sclafane The insurance industry came in sixth in a ranking of 10 major industries based on current AI risk, and seventh...
Swiss Re Names Gonzalez CEO of Corporate Solutions, Ojeisekhoba to Step Down May 16, 2024 Swiss Re announced that Ivan Gonzalez, CEO Reinsurance China, has been appointed CEO of Corporate Solutions, succeeding Andreas Berger, who...
Swiss Re to Withdraw From Digital Insurer iptiQ, Reports Strong Q1 Net Income of $1.1B May 16, 2024 By L.S. Howard Swiss Re announced plans to withdraw from its digital B2B2C insurance business, iptiQ, following a strategic review. The iptiQ business...
Global Insured Natural Disaster Claims Again Dominated by Severe US Storms: Gallagher April 18, 2024 By L.S. Howard Global insured losses from natural catastrophes in the first quarter were estimated at $20 billion, with US claims accounting for...
Howden’s DUAL Acquires Swiss Re’s Marine Team to Support Growth Ambitions April 17, 2024 DUAL, the specialist underwriting arm of Howden Group Holdings, announced it has significantly strengthened its marine capability in Europe with...
Swiss Re Names Berger as Group CEO, Succeeding Mumenthaler April 3, 2024 Swiss Re announced that Andreas Berger will become group chief executive officer, effective July 1, 2024, taking over from Christian...
How Do Insurers Define Systemic Cyber Risk? April 2, 2024 By Elizabeth Blosfield Systemic cyber risk is being discussed as a growing concern for insurers as technology advances and interconnectivity increases, but how...
The New Norm? Global Insured Losses for Nat Cats Keep Breaking Records: Swiss Re March 26, 2024 By L.S. Howard Global insured losses from natural catastrophes in 2023 totaled $108 billion, exceeding US$100 billion for the fourth consecutive year –...
Hedge Fund That Rode Catastrophe Bond Rally Mounts Tactical Retreat March 13, 2024 By Gautam Naik A hedge fund that last year delivered its best result ever thanks to catastrophe bonds is now scaling back its...