All News articles – Page 162
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News Agenda
Munich Re to launch first Syndicate-in-a-Box at Lloyd’s
The German reinsurer backs the Lloyd’s plans with its Munich Re Innovation Syndicate to feature parametric risks
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News Agenda
Management buyout for Markel’s Brazilian arm
The exec team of Markel International’s Brazilian arm have bought out the firm from its parent, renamed NEWE Seguros
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News Agenda
Harrell appointed MD, COO at Willis Re Specialty
New specialty MD at Willis Re’s most recent role was to lead international insurance at Aspen and active underwriter of its Lloyd’s Syndicate 4711
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News Agenda
MS Amlin refocuses underwriting strategy, cuts nine business classes
A reshuffle and restrategy at re/insurer MS Amlin creates a specialty business by combining marine and P&C international platforms, as well as cutting several lines of business
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News Agenda
HDI appoints Stamm CUO for Swiss branch
Thomas Stamm joins HDI Global from rival insurer AIG in Switzerland
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AIG appoints heads of global aerospace and UK energy, construction
Two new senior specialty hires at AIG in London come from Chubb and ArgoGlobal
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Analysis
Takaful needs to reduce expenses, boost awareness and distribution – FAIR panel
Takaful and retakaful specialists discussed the market for Islamic insurance products in a panel debate at FAIR 2019 in Marrakech
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News Agenda
Lloyd’s investigation reveals hundreds of sexual harassment witnesses
An independent advisory group will be set up at Lloyd’s of London to ensure the re/insurance market takes the right actions
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News Agenda
FAIR: Continental frustration at African sovereign ratings handicap
Local reinsurers in African countries face the handicap of sovereign credit ratings below investment grade, affecting their own ratings and business options
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Online only
FAIR 2019: Marrakech Special Issue
Read GR’s special issue for the FAIR 2019 conference in Marrakech, Morrocco
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News Agenda
Turkish insurers vulnerable to politics, economic turbulence and poorly priced motor
Many global insurers now think twice about investing in Turkey, with those present considering their options
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News Agenda
Reserve releases down at Lloyd’s; Hiscox, Beazley outperform rivals – Jefferies report
Rates have risen 3.9%, costs have fallen £100m, and Lloyd’s is demonstrating discipline by withdrawing from unprofitable business, market analyst Jefferies has observed
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News Agenda
Brit Re rated ‘A’ by AM Best ahead of US casualty treaty plans
The reinsurer plans to expand in 2020 by writing US-based casualty excess of loss reinsurance business
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News Agenda
Trust Re forms new exec committee with group CFO, CRO seats
Mohsin Altaf, Trust Re’s new group CFO, and Marios Argyrou, its new chief risk officer, join an executive committee aiming to demonstrate improved corporate governance and transparency at the Bahraini reinsurer
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News Agenda
Typhoon Faxai: $3-7bn insured loss estimate from AIR
Faxai was comparable in strength to 2018’s Typhoon Jebi, striking Tokyo City with winds equivalent to a strong Category 2 hurricane
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News Agenda
Aspen appoints Edwards as its new insurance boss in London
Clive Edwards takes the UK CEO role after a decade at Aspen Insurance, including as its London co-CUO
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News Agenda
Change at the top for TMK as Franks and Culham step down
Brad Irick takes over as CEO of Tokio Marine Kiln from 1 January 2020, with a new chief underwriter appointed in due course
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GR at FIDES 2019: read Day 3 for free, live from Bolivia
Catch up with all the news from the third day of FIDES 2019 in Bolivia
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News Agenda
Hannover Re ‘bullish’ on Jan renewals
Hannover Re struck an optimistic tone about the up and coming renewal season, predicting positive news across multiple fronts for reinsurers
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News Agenda
GR roundtable: panelists debate how technology will shape the market by 2030
A lively discussion about the transformative technologies at play in the re/insurance sector was held at the Hotel Hermitage for GR’s roundtable event in association with the Dubai International Financial Centre