All facultative reinsurance articles
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NewsDWIC 2023: Caught out by the hard market
A DWIC roundtable on underwriting discussed the impact of hardening reinsurance rates and new technology
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Hannover Re sees property cat rate hikes of 30%
Prices and conditions ’not seen in decades’ was present at 1 January, as reinsurer looks to mid year
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Howden Tiger offers “new force” in reinsurance broking
The broker is turning its sights to ’high growth specialist areas’ including MGAs and facultative reinsurance
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Miller International launches, names Mike Papworth MD
Ron Whyte becomes head of Asia and Matthew Keeping succeeds Papworth as head of Property and Casualty
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Newly-merged Howden Tiger launches fac division
Globally, it will be chaired by industry veteran Elliot Richardson and led in London by Gordon Craig
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Consilium launches facultative reinsurance offering
Simon Richardson has been appointed managing partner of the division and joins from Besso Re
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BMS appoints Mike Duffy as strategic adviser to UK specialty
Most recently, Duffy was group chief underwriting officer of Canopius, having joined the company in 2006
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BMS buys Spanish broker Eisenar
Terms of the acquisition were not disclosed; Broker specialises in industrial risks and professional sports
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Connect launches energy reinsurer Pixel Re
Start-up reinsurer will provide facultative capacity for attachment points of typically $500m and above
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Insurance placed for UK’s first space rocket launch
Once operational, Forgestar will be the world’s first fully returnable and re-launchable satellite platform
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Volante opens shop in the DIFC
It will offer a combination of treaty and facultative reinsurance across multiple lines through Lloyd’s Syndicate 1699
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UK specialty MGA launches for hard to place risks
The team is headed up by energy underwriter Philippe Bara and property fac underwriter Mark Palmer
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Chedid Re names Elie Abi Rached global CEO
Joe Asmar has been named deputy CEO, whilst retaining his role as group head of facultative reinsurance
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Howden Re expands presence in Germany
Guy Carpenter’s Carsten Thienel will head up the new operations as part of a concerted push in the DACH region
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SiriusPoint partners with specialty MGA Alta Signa
Alta Signa Holdings is a European MGA specialising in financial and professional lines insurance
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Everest Re hires Stuhl for Global Distribution
Joe Stuhl has joined from Munich Re US to take on the newly created role of SVP of Global Distribution
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WTW expands European D&F team
Victor De Jager joins from AGCS as head of Property for Europe, based in Amsterdam
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Howden takes on Big Three with TigerRisk acquisition
Merger creates the fourth largest reinsurance broker; Rod Fox to become executive chair of Howden Tiger
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AXA XL appoints head of construction, UK and Lloyd’s
Al Baker has been with AXA since 2010 and was a civil engineer at Carillion prior to that
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