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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
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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
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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
Life
Liberty Mutual Re (LM Re) has promoted Alice Blake to senior underwriter of financial risks reinsurance. 3 September 2019
Life
Chubb has appointed Donal Corcoran as regional vice president of consumer lines for accident and health in continental Europe. 2 September 2019
Life
Aon has appointed Gero Michel to lead UK and EMEA analytics for its reinsurance solutions business. 2 September 2019
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Hurricane Dorian has passed directly over Great Abaco Island in the Bahamas, with maximum sustained winds of 185 mph, making it a category five storm. 2 September 2019
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