Apollo is managing a captive syndicate in partnership with a major global client, with the aim of expanding its extensive market offering and leading managing agency services.
Frédéric de Courtois received unanimous support to lead the federation of European (re)insurance associations over the next three years.
The new partnership aims to help Howden centralise and streamline areas of its insurance broker accounting operations, increasing capacity for future growth and improving data control.
Lloyd’s has signed a memorandum of understanding (MoU) with the Bermuda Monetary Authority (BMA) with the goal of supporting and sharing knowledge and expertise across the international insurance market.
Reinsurance Group of America (RGA) has reached an agreement with Tokio Marine & Nichido Life Insurance (Anshin Life) to reinsure approximately US$638 million paid-up block of whole life policies through coinsurance.
They will take over from Andre Camilleri and Philip Micallef, who have reached the end of their terms.
The comment follows UK Prime Minister Rishi Sunak’s call for an early general election on 4 July 2024.
After a year in which nearly a fifth of companies had to restate earnings due to geopolitical events, businesses have seen another difficult year in 2024, with 69 percent reporting supply chain disruptions relating to geopolitics.
