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Chubb makes trio of commercial insurance exec appointments

Ben Rockwell, James Williamson and Alex Wells have taken new leadership roles at Chubb’s North America business.

Port Neches explosion prompts widespread evacuations

The incident has prompted the filing of lawsuits over allegations that people were exposed to high levels of Butadiene.

Watford reaches deal to buy Axeria IARD

The French property and casualty insurer has in-force gross premiums written of about EUR140mn.

Chubb leads $76mn-plus Cencosud riot loss

Significant uncertainty remains over the final loss quantum to the property policy.

• Barbican’s Caldwell, Archer and Stanley among execs at risk
• McGill and Partners takes airlines specialist Lloyd-Miller
• RKH hires Marsh general aviation duo
• PPL’s Masojada predicts 80% of 1.1 renewals to be bound electronically
• AM Best maintains stable outlook for global reinsurance
• Hagibis claims estimates coalesce at about $10bn

Opinion

Lloyd's needs fewer underwriting entities and fewer underwriters

The Lloyd’s market presentation paints a telling picture on market expectations, execution and reserving

The insurance industry’s unique connection to #MeToo could pave the way for businesses to do better

Hiscox’s imminent ejection from the FTSE 100 caps a difficult few months

In Brief

AIG names Todd as Asia Pacific commercial property head

Goldman Sachs-backed Aston Lark makes second Irish purchase

Burns & Wilcox hires HNW underwriter Alphabet

Chubb promotes Joyce to head of UK industry practices

Axa makes Brazil CEO group chief innovation officer

Marsh taps CoverHound executive for Bluestream global role

Analysis

Hard market watch: CIAB Q3 edition

Data from the Q3 CIAB pricing survey provides solid evidence the market today is well beyond anything seen since the turn of the decade.

Insider 50 posts record growth in November

London carriers held their position at the top of the index for the second consecutive week.

Stand-off in Lloyd’s as casualty XoL reinsurers push for rate hikes

Loss deterioration, interest rates and capacity reduction lend weight to reinsurers’ case for rate rises.

Swiss Re Corporate Solutions: The turnaround in profile

This publication highlights five key areas of the unit’s turnaround plan from Swiss Re’s investor day.

Prendergast and Layzell lead the 2019 Cyber Rankings

Changes in leading positions point to a fluid market for cyber talent.

• Cyber
• US Property Cat
• Political Risk
• Political Violence
• D&O