Aon Expands Climate Risk Advisory Across Risk Capital to Serve Clients with More Integrated Solutions

Published on November 9, 2023

Liz Henderson will lead Climate Risk Advisory across both Reinsurance and Commercial Risk

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John Owen appointed Chief Executive of AXIS Managing Agency

November 9, 2023
AXIS Capital, a global specialty underwriter and provider of insurance and reinsurance solutions, has appointed John Owen as Chief Executive of AXIS Managing Agency Limited (AMA), subject to regulatory approval.According to AXIS, in his new role, Owen will be responsible for AMA, the managing agent arm of AXIS Capital that oversees the group’s Lloyd’s of London operations including Syndicate 1686.

Further reserve strengthening expected as inflation persists: AM Best’s Carter

November 9, 2023
There’s been a decline in the positive contribution from reserve releases on combined ratios for reinsurers, and as inflation remains relatively elevated in US markets, further reserve strengthening is expected, according to Greg Carter, Managing Director, Analytics, AM Best.Speaking earlier this week during AM Best’s Europe Insurance Market Briefing in London, Carter discussed industry reserve re