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Elsa named as first hurricane of the 2021 Atlantic hurricane season

Elsa has become the first hurricane of the 2021 Atlantic Hurricane Season. 5 July 2021

Life

AXA XL names new head of casualty underwriting for Asia and Europe

AXA XL Insurance has hired a new chief underwriting officer for casualty in Asia Pacific and Europe. 5 July 2021

News

Hiscox completes LPT with Enstar

A wholly owned subsidiary of Enstar Group has completed a loss portfolio transfer with Hiscox. 5 July 2021

News

Arch completes acquisition of Watford, says time is right to develop franchise

Arch Capital Group has completed its acquisition of Watford Holdings. 5 July 2021

Life

Markel strengthens specialty division with new underwriting hire

Markel Corporation has strengthened its specialty division with a new executive underwriting officer. 2 July 2021

Life

AXIS Re swipes property underwriter to focus on LatAm market

AXIS Re has hired a new property underwriter for EMEA and Latin America to underwrite a property treaty portfolio for Latin America. 2 July 2021

Life

BMS Re poaches Guy Carpenter exec as it strengthens its origination team

BMS Re, the independent reinsurance broker, has poached a new executive vice president for its origination team from Guy Carpenter. 1 July 2021

Re/insurance

L&G Re names new CEO as Olunloyo takes new role at L&G America

Legal & General Re has named a new chief executive officer (CEO) to replace Thomas Olunloyo, L&G Re’s CEO since 2017 who is relocating to the US to join Legal & General America (LGA) as executive vice president and deputy CEO. 1 July 2021

News

Reinsurance rates continue to climb but are close to the top of the cycle: Willis Re

Reinsurance rate increases continued for most major lines and territories during the June and July renewal periods, but the market is approaching the top of this cycle as it reaches a state of equilibrium. 1 July 2021

Life

Ascot beefs up US facultative reinsurance capabilities with two hires

Ascot has expanded its US facultative reinsurance capabilities with two new hires. 1 July 2021

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