Swiss Re
Heatwave and drought – Swiss Re boss urges adaptation
“Insurance helps households and businesses recover, while pricing risk can inform decisions about where to invest. But it cannot make up for avoidable damage. This can only be achieved through reducing the risk itself through careful adaptation.”
UK economic losses from natural catastrophes hit $800m in 2024 – Swiss Re
UK economic losses caused by natural catastrophes reaching $800m (£596.6m) in 2024 has shone a spotlight on the urgent need to strengthen resilience against future events, according to Swiss Re.
Clear recruits ex-Willis international CEO as COO
The Clear Group has appointed Simon Smith as group chief operating officer.
Lockton names Shelley Wright head of UK commercial wholesale ahead of David Lee retiring
Lockton has appointed Shelley Wright as head of UK commercial wholesale joining from Swiss Re to succeed David Lee who will be retiring in the next 12 months.
UK insurance protection gap improved to 17% in 2022, Swiss Re says
The UK was hit by $900m (£732.6m) of economic losses from natural catastrophes such as storms and flooding in 2022, with insurance covering $800m of the total, according to Swiss Re.
Certua: Rise of the embedded insurance specialist
Certua is helping insurers get products to brokers quickly through its advanced digital capabilities. Co-founder Luke Bewley explains how Certua will make its mark on the UK broking and insurance space.
ABI publishes new Blueprint to help improve diversity and inclusion
The Association of British Insurers has published a new Blueprint which sets out a multi-year strategy and work plan to improve diversity, equity and inclusion across the insurance and long-term savings industry.
Zurich becomes GAIN’s first Industry Transformer member
Zurich Insurance has become the Group for Autism, Insurance, Investment and Neurodiversity’s first Industry Transformer member.
Market Moves - November 2022
The latest recruitment news from around the industry.
CII elects Swiss Re’s Russell Higginbotham as president
Russell Higginbotham, CEO of Swiss Re Solutions, has been elected president of the Chartered Insurance Institute for 2023 moving up from deputy president and succeeding Peter Blanc.
Biba joins GAIN as founding member
The British Insurance Brokers’ Association has joined the Group for Autism, Insurance and Diversity as its most recent founding member.
Aviva CEO joins The Geneva Association board
Amanda Blanc is set to join the organisation as Christian Mumenthaler, CEO of Swiss Re, gets appointed as its new chairman.
Howden pledges to achieve plastic neutrality
The broker announced its commitment to reduce its plastic consumption, and offset the rest, aiming to curb the impact its business has on the environment.
Global industry leaders set up the Net-Zero Insurance Alliance
According to the Net-Zero Insurance Alliance, insurers and reinsurers will individually set science-based targets every five years and report on their progress annually.
Rate hardening expected to speed up insurance sector recovery from pandemic recession
Swiss Re chief economist says the insurance industry is more resilient than expected, while the global economic outlook remains fragile.
Insurers commit to help women’s financial futures
Insurers have promised to provide flexible working for staff and pledged to be inclusive about customers' financial lives.
Zego gets Gibraltarian insurance licence
InsurTech Futures: The CEO anticipates that about 20% of Zego's business will be done through the newly-authorised carrier.
Moorhouse Group-owned Xbroker adds Alpha Insurance to panel
Xbroker has added Alpha Insurance A/S in collaboration with Swiss Re to its panel of capacity providers.
Zurich goes to Catlin for new CFO
Zurich has appointed Neil Freshwater as chief financial officer (CFO) for its general insurance and shared services business in the UK, effective from 1 May 2013.
Chaucer aims to boost broker access with cargo appointment
Chaucer has appointed Geoff Wilkinson as cargo class underwriter in the marine division of Chaucer Syndicate 1084.
Salmon aims for growth in eInsurance division
Global systems integrator Salmon has appointed Neil Hodges as client executive to help grow its eInsurance business.