Specialist insurance provider CFC has announced the appointment of Dennis Wrana as Corporate Tech & Cyber Underwriting Manager – EMEA Wrana, who has close to a decade of industry experience, will be based in Barcelona and working alongside EMEA team leader, Ilaria Salvato. Prior to joining CFC, the executive spent almost four years at Finlex […]
Markel “pretty pleased” with 1.1 reinsurance renewal: Noble
The reinsurance market has seen a largely “orderly” start of the year, with favourable terms and pricing in some sectors, Markel’s Jeremy Noble, President of Insurance, noted as he commented on the company’s recent 1.1 reinsurance renewals, expressing satisfaction with the outcome. He stated: “With regards to 1.1, where we buy reinsurance, we are overall, […]
Arundo Re grows portfolio 13% at Jan 1 reinsurance renewals
French reinsurance company Arundo Re grew its gross written premiums (GWP) by 13% across its portfolio at the January 1st, 2025, renewals to €970 million, with double-digit growth occurring in all segments despite what CUO Hervé Nessi describes as a “more challenging environment than expected.” Around 70% of the reinsurer’s portfolio was renewed at 1.1 […]
Ryan Specialty Underwriting Managers launches Celerity Risk
Ryan Specialty Underwriting Managers (RSUM) has launched Celerity Risk, a newly rebranded business unit formed following its acquisition of Innovisk Capital Partners in November 2024. The launch sees the integration of CorRisk Solutions, the U.S. wholesale division of Ryan Financial Lines, with Celerity Pro, formerly part of Innovisk. This combined entity has formed a substantial […]
PartnerRe names Marek Garwacki as non-life CUO
International reinsurer PartnerRe has announced the appointment of Marek Garwacki to the role of non-life Chief Underwriting Officer (CUO), effective February 1st, 2025. Garwacki, who also joins the PartnerRe Executive Leadership team, brings over a decade of experience in the re/insurance industry to his new role. The executive has been part of the firm since […]
the health scout phone calls
Are you receiving multiple phone calls several times a day? Please note, it is not us. We too are tired of the phone calls and there seems to be come confusion between our small insurance agency in Missouri and thehealthscout.com that is telemarketing nationwide. We are not affiliated with thehealthscout.com We do not make telemarketing […]
Aon optimistic about future of dynamic reinsurance market: Andersen, President
After reporting 6% organic revenue growth in its Reinsurance Solutions business in the fourth quarter of 2024, broking group Aon remains optimistic about the future of reinsurance, executives at the firm said today. As we wrote earlier, Aon’s Reinsurance Solutions generated revenue of $351 million in Q4’24 and 6% organic revenue growth to $2.7 billion […]
Safety National announces new leadership structure, Csik to retire as President
Safety National Casualty Corporation announced John Csik will retire as President and as a member of executive management after nearly four decades at the company. Gus Aivaliotis, Chief Underwriting Officer, will assume the role of Deputy Chief Executive Officer and Cyndee Morton, Chief Operating Officer, will assume the role of President. Following his retirement, Csik […]
The Hartford reports Q4’24 net premium growth
The Hartford has announced its financial results for the fourth quarter of 2024, reporting a net income of $848 million, which increased 11% from $766 million over the same period in 2023. According to the firm, this growth was mainly driven by improvement in the P&C loss and loss adjustment expense ratio, earned premium growth […]
Selective Insurance reports 10% rise in NPW for Q4’24
For the fourth quarter of 2024, Selective Insurance has reported a 10% rise in net premiums written (NPW) to $1.089 billion from Q4 2023’s $991.5 million, while full year 2024 NPW grew 12% year-on-year to $4.6 billion from $4.1 billion in 2023. Starting with the quarter, the insurer has reported a combined ratio of 98.5%, […]