MAPFRE has appointed Mr Jorge Colomer as CEO of its asset management firm, MAPFRE AM. He will take the helm of the management firm at a pivotal moment, as MAPFRE is stepping up its strategic focus on the financial business by expanding its presence in investment, savings and wealth management solutions.
As extreme weather events intensify, insurers face interconnected pressures, including how to price physical risk more accurately, manage growing volatility and capture emerging demand for resilience-related services, says a report released by MSCI Institute, an organisation that promotes knowledge that tackles systemic challenges to create long-term value through global capital markets.
Rating implications from the Iran conflict will be limited for the global insurance sector if the conflict remains short and major damage to oil production and shipment facilities is avoided, says Fitch Ratings.
The situation in the Middle East, especially in countries directly involved in the conflict, continues to evolve in quick time. The situation on the ground in each country is nuanced, changing rapidly (sometimes by the hour), and travellers are being advised to assess their own risk profile and reasons for going there.
Aon has appointed Mr Tom Langley-Poole and Mr Uday Tank as brokers in the Reinsurance Solutions Credit and Financial Risks team.
Effective 1 April, Marsh has appointed Mr Nick Studer as President and CEO of Marsh Risk, and Mr Martin South as Chief Client Officer of Marsh. Both will serve on the company's Executive Committee.
Fully integrated insurance, trust, and family office consortium, Lioner International Group, has appointed Mr Brian Kenyon as its second Group Strategic Advisor. He comes out of retirement to take the role.
HDI Global has appointed Mr David Wilson as Global Head of Claims Energy and Power. It is a newly created role that aims to strategically focus on strengthening the end-to-end energy and power proposition for clients and broker partners by bringing claims even closer to underwriting and risk expertise.