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Ariel Re, a global reinsurance business with offices in Bermuda, London, and Hong Kong, has appointed Richard Sammons as Active Underwriter of Syndicate 2006, following approval from Lloyd’s. In the role, Sammons will lead Syndicate 2006 and help drive Ariel Re’s continued emphasis on underwriting discipline and delivering sustainable returns across its specialty reinsurance portfolio. […] The post Ariel Re names Sammons as Active Underwriter of Syndicate 2006 following Lloyd’s approval appeared first on ReinsuranceNe.ws.
Hiscox has left forecasts unchanged for its flagship Lloyd’s Syndicate 33 for the 2024 and 2025 years of account, while materially improving the 2024 outlook for Syndicate 6104, according to updated year-of-account estimates. The Bermuda-headquartered specialist insurer said the current estimate for Syndicate 33’s 2024 year of account remains unchanged at between 3.4% and 15.4% […] The post Hiscox leaves Lloyd’s Syndicate 33 forecasts unchanged, improves 6104 outlook appeared first on ReinsuranceNe.ws.
Carrier pays out, then sues the vendor it says caused the loss - one leaked password started it
Odyssey Reinsurance Company (OdysseyRe), the property and casualty reinsurance arm of Odyssey Group Holdings, Inc., a subsidiary of Fairfax Financial Holdings Limited, has appointed Tegwen Gromellon and Anne-Claire Serres as Co-Chief Underwriting Officers (CUO) of its Europe, Middle East and Asia (EMEA) division, effective July 1st, 2026. The pair take over from longtime CUO, Gaël […] The post OdysseyRe appoints Gromellon and Serres as Co-CUOs, EMEA appeared first on ReinsuranceNe.ws.