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Morley joins AXIS as head of E&O in US
18 April 2024
US

In her new role, Morley will lead the growth and advancement of the AXIS offering in the professional liability market.

AM Best upgrades outlook rating of Trisura Group to ‘Stable’
18 April 2024
US

The upgrade reflects improved enterprise risk management practices, policies and procedures around Trisura’s risk management of US captive reinsurance contracts.

Darag Insurance Guernsey acquires Cayman-domiciled captive
19 April 2024
Cayman

The company intends to merge with the acquired captive in due course, and reinsure the longer-tail portion of the portfolio with its core risk carrier in Germany, Darag Deutschland AG.

Hannover Re places world’s first catastrophe bond for cloud outage risk
18 April 2024
US

With a value of US$13.75 million, the bond aims to provide the firm with incremental retrocession protection.

AIG names Ryan Thomas as head of financial lines in Asia Pacific
18 April 2024
Singapore

Based in Singapore, Thomas will report to Chris Colahan, AIG regional president in Asia Pacific.

CFC acquires MGA Solution Underwriting
18 April 2024
Australia

Based in Melbourne, Solution is a specialist insurance underwriter that focuses on financial lines insurance products.

Aspen partners with Pimco to form Pando Re
17 April 2024
Bermuda

Aspen will be the sole cedant to Pando Re and Pimco will be the investment manager.

HDI Global introduces climate risk reporting service
17 April 2024
EU

HDI Global has introduced climate risk reporting to assist clients with physical climate risk analysis, in line with EU taxonomy guidelines.

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