Reinsurance
Conduit names Mongiello COO
Bermudian reinsurer hires another Aspen executive
Europe’s big-four book strong first half despite revenue drop
Reinsurers saw their average combined ratio improve to 76.9% in the half-year period
Gallagher Re launches digital risk practice
New practice brings together cyber, AI and data centre expertise
Conduit Re parent names new CFO
Bermuda reinsurer hires Aspen senior executive Mark Pickering
Willis Re buys BMS Re US
Acquisition provides ‘strong platform’ to accelerate reinsurance broker’s geographic growth and diversify business lines
Envelop approved for Lloyd’s syndicate
Cyber reinsurance specialist looks to expand into ‘complementary’ casualty and specialty lines
Bermuda regulator consults on AI guidance
Rules will require a uniform level of oversight from all firms, regardless of size
Aspen acquisition boosts Sompo International profit
Japanese giant’s overseas division reports adjusted profit up 24% to $423m in the three months to the end of June
Innovation is key to profitable growth: Oak Global CEO
Oak Global is looking for new markets and novel forms of distribution as the Lloyd’s newcomer establishes itself, Cathal Carr tells Insurance Day
LM Re parametric quake product pays out in Peru
Payout triggered by the magnitude 5.8 earthquake that struck Peru earlier this year
MS Amlin profits rise 52% despite Iran war losses
Lloyd’s carrier books netprofit of £61m for the three months to the end of June
Atrium hires Pilkington as chief capital officer
Lloyd’s carrier hires Ascot executive to shape capital strategy
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