Executives on the Move at Farmers, Hiscox, Swiss Re
Farmers Insurance announced that Kevin Yoo will join the organization as chief claims officer effective July 12.
Yoo has an extensive ...
Reinsurance
Reinsurer Appetites for Cat Exposures Return at Midyear: Brokers
Capacity was more readily available during the midyear renewals, which brokers described as "orderly," in comparison to the turbulent January renewals. At the same time, prices saw some moderating ...
Fidelis Insurance IPOs; Valued at $1.5B in Lukewarm Market Debut
Fidelis Insurance Holdings notched a valuation of $1.5 billion on Thursday after shares of the reinsurer fell 6.4 percent on debut.
The company joins a list of firms that ...
CEO Viewpoints: How Carriers, Reinsurers Are Reacting to Inflation
During an industry conference last week, leaders of three property/casualty insurance organizations addressed a question about opportunities in the personal, commercial and reinsurance markets by ...
Why the Investor-Driven Hard Reinsurance Market Will Persist in ’24
Reinsurers will continue to command adequate rates for property-catastrophe in 2024, even if the market comes through hurricane season unscathed, reinsurance company executives said last week. Kevin ...
Regulatory Weaknesses, Politics Driving California Exits, Industry CEOs Say
A trio of property/casualty carrier executives voluntarily offered their views on a growing insurance availability crisis in the state of California at an industry conference in late June, pointing ...
Chubb Appoints Michael O’Donnell COO of Global Reinsurance
Chubb Limited announced the appointment of Michael O'Donnell as chief operating officer of Global Reinsurance. The appointment is effective immediately. He currently serves as division president of ...
Reinsurance Execs Take on Extreme Challenge
Four intrepid reinsurance executives from Convex and Swiss Re are rowing from Monterey, Calif. to Hawaii as part of the "World's Toughest Row – Pacific." It's all for ...
How Lawyers Sank Florida Carriers — and Target ‘Travellers’ With SEO
A troubling phone exchange reveals a problem for insurance carriers that started in Florida and is expanding beyond the state's borders, according to an actuary who ...