• SCOR hires Swiss Re CUO Léger as its new CEO
    by Luke Gallin on 26/01/2023

    Thierry Léger, who has served as the Group Chief Underwriting Officer (CUO) of global reinsurer Swiss Re since 2020, has been named as the new Chief Executive Officer (CEO) of French reinsurer SCOR, effective May 1st, 2023. Léger has been with Swiss Re, one of the world’s largest reinsurers, […]

  • Felipe Hoetz joins Clyde & Co Chile to lead insurance practice
    by Kane Wells on 26/01/2023

    Global law firm Clyde & Co has hired re/insurance and claims settlement expert, Felipe Hoetz as a partner to lead its Chile insurance practice. Hoetz holds over two and half decades of experience and is the legal representative in Chile for the Lloyd’s of London insurance market. He joins […]

  • MS Azure outage triggers Parametrix parametric cloud insurance
    by Jack Willard on 26/01/2023

    Earlier this week, Parametrix, the leading provider of cloud downtime insurance,  monitored an outage of Microsoft Azure, the world’s second-ranked cloud service provider. Part of the ‘Big Three’, which includes Amazon Web Services and Google Cloud Platform (GCP), Azure boasts a reported 22% […]

  • Peter McConnell joins Travelers Europe as CFO
    by Kassandra Jimenez-Sanchez on 26/01/2023

    Travelers Europe, a provider of property casualty insurance for auto, home and business, has appointed Peter McConnell as Chief Financial Officer (CFO), succeeding Mike Gent. In his new role, McConnell will report to Matthew Wilson, Chief Executive Officer of Travelers Europe, and oversee the […]

  • Charbonnier to lead AXA XL captive business for APAC & Europe
    by Kassandra Jimenez-Sanchez on 26/01/2023

    AXA XL Insurance has announced the appointment of Marine Charbonnier as Head of Captives & Facultative Underwriting, for the Asia-Pacific region (APAC) and Europe. In her new role, Charbonnier will lead AXA XL’s captive business for the APAC & Europe Business Unit. She will work closely […]

  • Insurance Europe calls for clarification on ‘greenwashing’ risk
    by Matt Sheehan on 26/01/2023

    Insurance Europe, the European insurance and reinsurance federation, has responded to the European Supervisory Authorities’ call for evidence on ‘greenwashing’, saying that time and further regulatory clarification is needed to address this risk. ‘Greenwashing’ refers to misleading claims […]

  • Alternative capital shortage has rippled through property markets: RBC
    by Matt Sheehan on 26/01/2023

    Analysts at RBC Capital Markets have suggested that a retrenchment in the alternative capital space has led to a further tightening of the retro market from 2022, causing a “ripple effect” on the available of capacity in the reinsurance property markets. Commenting on the current hard market […]

  • SiriusPoint names Maddie Morris Underwriter, Energy & Marine Liability
    by Kane Wells on 26/01/2023

    Global specialty re/insurer SiriusPoint has appointed Maddie Morris as an Underwriter in its Energy & Marine Liability team. Morris holds almost a decade of experience in Marine & Energy Liability underwriting, joining SiriusPoint from Munich Re Syndicate. In her new role, Morris will […]

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