Reinsurance
Passing The Baton: CEOs Fox at TigerRisk and Kalin at Pinnacol
Earlier this week, global insurance and reinsurance broker TigerRisk announced that Co-Founder Rod Fox is transitioning out of his role as chief executive officer to become executive chair. ...
Gallagher Deal to Buy Willis Re Faces UK Govt. Probe
The UK's Competition and Markets Authority (CMA) said today that it is investigating the anticipated acquisition of the Treaty Reinsurance business of Willis Towers Watson by Arthur J. Gallagher ...
Climate Change Impact: 40% Chance of ‘100-Year Storms’ Over 20-Year Span
While events like Hurricane Ida and a Texas winter freeze demonstrate wide-reaching impacts of climate change to all but ardent deniers, even insurers and reinsurers may not fully appreciate all the ...
Aon Vet Ronda to Join TigerRisk in Executive Role
Veteran Aon executive Tim Ronda is joining insurance/reinsurance broker TigerRisk Partners in a leadership role. Ronda, mostly recently Aon's Global Geographic Leader of Reinsurance Solutions, will ...
Undaunted by Delta, Carriers and InsurTechs Proceed Cautiously With Hybrid Home/Office Work Plans
Delta may have damaged post-pandemic return-to-office plans for many industries. For insurers, it appears to be a different story. Large numbers of companies in many industries plotted a return to ...
Two Activist Investors Reportedly Take Stakes in Willis Towers Watson: WSJ
Activist investors Starboard Value LP and Elliott Management Corp have taken stakes in insurance broker Willis Towers Watson PLC, the Wall Street Journal reported on Thursday, citing people familiar ...
Allianz Transfers Legacy Life Portfolio to Resolution Re
Allianz Suisse Life has agreed to transfer to Resolution Re a legacy portfolio of individual life products, which have a reserve volume of around 4 billion Swiss francs ($4.3 billion). Using quota ...
Cyber Rates Could Double Within Two Years as Attacks Soar: S&P
The pandemic caused economic and insured losses from cyber attacks to skyrocket, which has heightened awareness of the risk and increased demand for cyber re/insurance, according to a report ...