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Independent insurance broker Lockton has announced the appointment of Matt Kendle as head of its newly formed construction and design business. The executive joins Lockton from Marsh, bringing more than two decades of experience His experience in construction and infrastructure insurance and brokerage will help him adapt to his new role. At Marsh, he most…
Swiss Re, a global provider of reinsurance, insurance and risk transfer solutions, has announced the appointment of Laura Perry as regional and key account executive for the UK and Ireland, with a focus on real estate. The company highlights Perry’s strong relationships with clients and brokers, as well as her extensive underwriting expertise, as key…
The Central Bureau of Management (CAB), established and managed by Malaysian Re Bhd (Malaysian Re), has officially launched CAB 2.0, marking the transition of its Central Bureau of Management Interim (CABFAC) system from a legacy platform to a modern, cloud-based system. According to Malaysia Re, the enhanced cloud version of its CABFAC system is designed…
DUAL Europe, the European arm of international underwriting agency DUAL Group, has appointed Frank Masteling as Managing Director of DUAL Benelux. In addition to his new responsibilities, Mastrin will continue in his existing role as Head of European Trade Credit, reflecting DUAL Europe’s continued investment in leadership and its long-term commitment to the Benelux market….
Australian insurer Suncorp has completed its 2027 core reinsurance renewals, providing catastrophe cover for losses of A$500 million to A$6.4 billion, in addition to its previously announced five-year total reinsurance arrangement providing A$800 million in annual cover, providing up to A$2.4 billion in cover over that period. Despite continued weakness in catastrophe reinsurance, Suncorp expects…
Generali Global Corporate & Commercial, a division of Generali Group, has announced the appointment of Nuno Antunes as Global Head of Client and Broker Relationship Management. In his new role, Antunes will be responsible for leading the organization’s client and broker relationship strategy globally, working closely with teams across markets to support consistent service delivery…
Zambia-based international reinsurer Klapton Reinsurance has been upgraded to a positive outlook by credit rating agency Moody’s, while the company has also affirmed Klapton Re’s Insurance Financial Strength Rating (IFSR) of Caa1. Moody’s explains that these changes reflect Klapton Re’s growing premium size and market influence as a smaller reinsurer focused on less mainstream reinsurance…
Willis Re, the reinsurance advisory and brokerage joint venture between Bain Capital (BCIS) and WTW, has announced the appointment of David Kim as a new reinsurance broker to strengthen its maritime and non-maritime reinsurance capabilities. Kim joins the company with 20 years of experience in the marine and non-marine reinsurance markets. He most recently served…
Antares’ Lloyd’s Syndicate 1274 supports a new aggressive cyberwarfare cover targeting U.S. critical infrastructure and essential service providers. These include operators of electricity, water, gas and electricity infrastructure who have a clear and obvious need to be protected from hostile states and state-sponsored actions. The wording, developed in conjunction with Canopius and approved by Lloyd’s,…
Canada Life, a British insurer that provides life insurance and pension risk transfer services, has completed a £48 million acquisition of the oil and gas industry pension scheme. The deal secures future benefits for more than 500 pensioners and deferred members. WTW serves as lead broker and also provides plan actuary, administration through its OneDB…