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AIG has appointed Turab Hussain as Executive Vice President and Chief Risk Officer, effective October 12, 2026. He will succeed current CRO Christopher Schaper, who intends to retire from the company at the end of the year. Based at AIG’s New York headquarters, Hussain will report to Eric Andersen, President & Chief Executive Officer, AIG…
The message from Monte Carlo appears to be preparing the reinsurance market for rate declines of 10-15% at the January 2027 renewals, according to Autonomous, which said that, if correct, this would signal the full reversal of the hard market, at least from a pricing perspective. In its European insurance report, Autonomous said the annual…
Augment Risk, a reinsurance and capital solutions broker, has announced the appointment of Brittany Haynes as Partner, MGA. Based in London, Haynes will report to Mark Aylward, Partner, MGA at Augment Risk. In her new role, she will leverage her industry relationships and experience to build scalable foundations for MGA clients, securing the capital and…
Augment Risk, a reinsurance and capital solutions broker, has announced the appointment of Brittany Haynes as Partner, MGA. Based in London, Haynes will report to Mark Aylward, Partner, MGA at Augment Risk. In her new role, she will leverage her industry relationships and experience to build scalable foundations for MGA clients, securing the capital and…
Ahead of the Insurance Leadership Forum, MS Reinsurance North America CUO Lisa Butera discusses maintaining underwriting discipline as property pricing softens, the accumulation potential of emerging exposures and where the reinsurer sees selective opportunities for growth in the US. An influx of capacity is putting downward pressure on US property reinsurance pricing, but favourable recent…
Sompo, a global provider of commercial and consumer property, casualty, and specialty re/insurance, has announced the appointment of Scott Toland as Head of Commercial Lines, Insurance, Continental Europe. Based in Zurich, Toland will report to Ralph Brand, President, Insurance, Continental Europe & Turkey. In his new role, he will be responsible for defining and executing…
Reinsurance industry leaders agreed that competitive pressure is a hallmark of current market conditions, but were eager to emphasise that some markets and products are still attractive amid all the talk of softening, with cedents looking for creativity, responsiveness, and transparency from their reinsurance partners. At the 68th RVS conference in September, we hosted our…
European organisations are taking steps to strengthen resilience but are struggling to translate risk insight into business action, according to new research from Marsh. Developed by Marsh’s European risk consulting practice and published ahead of FERMA Forum 2026 in Rotterdam, the survey examines how organisations are integrating risk management into decision-making across scenario planning, supply…
Moody’s and Lloyd’s have launched a new joint analysis program across casualty and financial lines, designed to explore how market data can provide new insights into portfolio performance, risk concentration, and market dynamics. The collaboration merges Lloyd’s extensive market data with Moody’s analytical model and dataset infrastructure, expanding on a longstanding relationship focused on refining…
Global reinsurance broker Gallagher Re has announced the appointment of Richard Vuurman as Executive Director, Life, Accident & Health. Based in the Netherlands, Vuurman will support clients across Europe, bringing over 25 years of experience in Life & Health reinsurance. The executive brings extensive expertise in structuring and placing reinsurance solutions, as well as longstanding…