News – Page 312
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Online onlyHannover Life Re names chief medical director
Cliff Titcomb joins reinsurer from International Medical Risk Consultants
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Online onlyKenneth Duffy retires from Everest board
Former Commercial Union Corp chairman Duffy was an Everest Re director for 17 years
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Online onlyAllied World opens office in Miami
William Turkel appointed SVP and general manager, Latin America & Caribbean
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Online onlySouthport Re names Weber CEO
Former Aon executive Glenn Weber to lead reinsurance arm of private equity firm
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Online onlyWillis Re hires ex-Greenlight Re executive
Andrea Welsch bolsters broker’s reinsurance team
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Online onlyRGA Q1 profits down slightly
Life reinsurer experiences higher-than-expected claims in the US and UK
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Online onlyDexion floats new cat bond investment firm
Alternative fund manager teams up with Credit Suisse to launch cat ILS firm DCG IRIS Ltd
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Online onlyPartnerRe posts $360m profit in Q1
Miranthis ‘cautiously optimistic’ over improving reinsurance rates
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S&P rates Citizens cat bond
Everglades Re is widely expected to be the biggest-ever cat bond
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Online onlyGenerali names Galateri chairman
Former Telecom Italia chairman Gabriele Galateri di Genola replaces Cesare Geronzi
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Online onlyMitsui injects $150m into Bermuda reinsurer
Injection from parent company strengthens MS Frontier Re’s capital base
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Online onlySCOR: prices rise 7% at 1 April
Overall premiums grew by 11% reflecting “sharp price increases”
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Online onlyAxis books $122m Q1 profit
Pricing continued to firm through the quarter but rate changes are gradual, noted Charman
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Online onlyValidus reports record Q1 profit
Net income of $124.2m achieved in spite of Concordia and US tornado losses
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Online onlyMunich Re pays €1.1bn dividend as it heads for €750m Q1 profit
Reinsurer reaffirms 2012 profit target of €2.5bn
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Online onlyBMA hires international affairs director
New role will help supervisor indentify and influence global regulatory trends
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Online onlyAspen encouraged by firming market
Q1 results impacted by $17.6m of US severe weather losses and Costa Concordia claims
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