News – Page 164
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News AgendaLatest M&A: Tysers to buy RFIB
Integro-owned Tysers is to buy rival London market broker RFIB
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News AgendaReinsurer financial strength tops cedant concerns - Moody’s
Moody’s said survey respondents felt pricing would remain flat, or only rise moderately, during the course of next year.
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News AgendaGossmann startup unveils senior management team
Former Darag boss and Gossmann & Cie founder Arndt Gossmann has revealed the team to run the firm’s new risk carrier ExPRO
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News AgendaPinette replaces Solomon as Willis Re’s life and health leader
New life and health reinsurance leader for Willis Re will be based in London rather than Hong Kong
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News AgendaMarket discipline: AM Best calls reinsurers’ bluff
Reinsurance capacity withheld at mid-year renewals is as much about supply and demand as it is about pricing models or discipline, according to AM Best’s pre-Monte sector roundup
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News AgendaFlandro to lead new Hyperion X Analytics business
Previously of Guy Carpenter and JLT Re, Flandro has joined Hyperion to lead HXA
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News AgendaWillis Re cites strong investment markets for 8% rise in reinsurance capital
Willis Re came up with an underlying RoE of 10.8% for its subset of tracked reinsurers at this year’s halfway point, normalising for natural catastrophe losses and removing the benefit from reserve releases, which further fell to 4.2% when excluding investment gains
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News AgendaAIG appoints Ellis to lead North America retail property
Ellis joins AIG from Marsh, where he led the broker’s US property practice
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News AgendaAspen appoints Ritz president, reporting to CEO Cloutier
Jonathan Ritz, previously CEO of Validus’s US insurance operations, has joined Aspen
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News AgendaMS Amlin appoints Beazley reinsurance head as Few joins TigerRisk
Chris Beazley has his role at the re/insurer expanded to cover all its reinsurance business, taking over from James Few
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News AgendaHard market? Risk-adjusted rates are still inadequate – Fitch
Fitch Ratings’ pre-Monte Carlo brief suggested reinsurance market pricing still has a way to go, and risk-adjusted is well below 2013 levels
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News AgendaÖzdemir takes over as Milli Re CEO
Hulki Yalcin retired as CEO of Turkish reinsurer Milli Re on August 26
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News AgendaAon appoints Michel new analytics head in Europe
Joining from Chaucer, Aon Reinsurance Solutions has a new head of analytics for EMEA
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News AgendaLM Re hires Northern Europe head van Oort
Liberty Mutual Re’s new head of Northern Europe joins from reinsurance broker Guy Carpenter
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News AgendaArgoGlobal syndicate quits Asia and most marine hull underwriting
Argo’s Lloyd’s Syndicate 1200 is to exit Asia and most of its hull underwriting globally
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News AgendaIndian government selects Srivastava as GIC Re boss
A new head has been appointed for India’s state-owned reinsurer GIC Re, after Alice Vaidyan retired from the post at the end of July
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News AgendaMusk’s Tesla enters insurance market with primary motor product
Elon Musk’s electric vehicle company launched the product yesterday in California
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News AgendaBrazilian broking alliance announced for Integro
The “reciprocal trading relationship” is with Affinité, a Brazilian entertainment and sport insurance broker
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News AgendaAon restructures global A&H and life reinsurance into one practice
Roger Smith will chair Aon Reinsurance Solutions’ new accident, health and life reinsurance team
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News AgendaNew property head in Bermuda for Liberty Specialty
Nicholas Garside is promoted to lead LSM’s property insurance in Bermuda
