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Following the hurricanes, earthquakes, wildfires, typhoons and winter storm events of 2017, 2018 and 2019, the market endured anticipated impairments of 25 notes, according to an Aon Securities annual report on the insurance-linked securities (ILS) sector. 6 September 2019
Life
Willis Re has named Franck Pinette as leader of its international life and health practice. 5 September 2019
Life
Hiscox has promoted Joanne Musselle to be its new group chief underwriting officer, expanding her responsibilities from a similar role at Hiscox Retail, its largest division, which she assumed in 2018. 5 September 2019
Life
RKH Specialty has reinforced its global marine offering with a number of hires in Singapore and Hong Kong, while rebranding its Hong Kong-based marine insurance specialist, FP Marine, so it now trades as RKH Specialty. 4 September 2019
News
A total of $559 billion of capital was dedicated to the global reinsurance industry at the half-year point of 2019, according to Willis Re, revealing the findings of its latest Reinsurance Market Report. 4 September 2019
Life
Marsh has made two senior leadership appointments within its property and financial and professional liability (FINPRO) practices in New York. 4 September 2019
Life
Aspen Insurance Holdings has appointed Jonathan Ritz as president, with immediate effect. 3 September 2019
Life
AXA XL Insurance has promoted Steven Farr to global head of upstream energy, effective immediately. 3 September 2019
News
ArgoGlobal, the Lloyd’s insurer and member of the Bermuda-based Argo Group, will exit Syndicate 1200 underwriting operations in Asia and most of its hull underwriting business within the syndicate. 3 September 2019
News
Convex Group, the specialty re/insurer with operations in Bermuda and London, has appointed Clearwater to provide cloud-based services for investment data aggregation, reconciliation, accounting, investment reporting and other daily data processing. 3 September 2019
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