All News articles – Page 254
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Online onlyDownload your June Executive Briefing
Includes: 1 June renewals analysis; 3D printing infographic; France data report; and an interview with the head of insurance at BNY Mellon
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Online onlyFitch downgrades Bermuda’s sovereign rating
‘Excessive reliance on mature industries’ is limiting Bermuda’s growth prospects, says rating agency
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Online onlyJeremy Pinchin named Hiscox Re chief executive
Hiscox Bermuda boss will head up Hiscox’s merged reinsurance operations
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Online onlyMcGavick elected Geneva Association chair
XL boss takes over from Munich Re chief executive Nikolaus von Bomhard
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Online onlyPERILS releases Euro flood satellite images
Footprints for the floods will aid damage assessment
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Online onlyXL Re creates emerging markets unit
New division headed by XL’s Latin Amercia reinsurance leader Philippe Rochaix
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Online onlyTropical storm Andrea makes landfall in north Florida
First named storm of the Atlantic season is set to move up the east coast
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Online onlyPeter Rogan joins mediation firm JAMS International
Former Ince & Co partner joins as a mediator and arbitrator
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AnalysisHow Hong Kong is preparing for its new super-regulator
Will the Independent Insurance Authority prove a burden?
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Online onlyWillis appoints LatAm banking boss to its board
Francisco (Paco) Luzón is currently a director of LATAM Airlines Group
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Online onlyAon Benfield: May’s US storms to cost insurers $4bn
Moore tornado insured losses estimated at $2.5bn
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Online onlyEnstar to buy Atrium and Arden Re
Atrium will be purchased for $183m and Arden Re $79.6m
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Online onlyForeign insurers to quadruple China market share
Regulatory changes mean they will control 4% of country’s general insurance market in next five years, predicts Ernst & Young
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Online onlyEuropean floods: €3bn of damage in Austria
Germany and Czech Republic also badly affected
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Online onlyFitch predicts more Indonesian insurance M&A
Statement follows Dai-ichi Life’s decision to buy 40% stake in Indonesia’s Panin Life
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Online onlyTower Group to buy American Safety Reinsurance for $59m
Operations and staff to be combined with Bermuda-based Tower Re
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Online onlyM6.2 earthquake strikes rural Taiwan
AIR does not expect significant insured losses; Shaking felt in Taipei
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Online onlyCentral Europe hit by record floods
South-eastern Germany has borne the brunt of the damage
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Online onlyGenerali sells US life reinsurance unit to Scor
Deal worth $920m as Generali disposes of “non-core assets”
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Online onlyGuy Carpenter: Pricing down at 1 June renewals
Some ILS options at mid-year were more competitively priced than traditional cover
