All Global Reinsurance articles in Online – Page 125
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News
Network boosts Lloyd’s and London market offering for its brokers
Network specialist Compass London Markets has joined forces with wholesaler Bishopsgate, meaning its brokers will enjoy an improved offering to Lloyd’s and London market.
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The Journal, 3rd edition: Construction Risk
StrategicRISK and Swiss Re Corporate Solutions launch the third edition of The Journal examining construction risk
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Rate movements moderated by availability of capacity - Guy Carpenter
Price increases at the January 1, 2021 reinsurance renewals were moderated compared to initial expectations by abundant capital levels and an increased willingness on the part of reinsurers to deploy capacity in several sectors, according to Guy Carpenter.
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Insurer Santam accepts liability for some rejected COVID-19 claims
South African insurer Santam will begin assessing payouts for some previously rejected coronavirus-related claims after recent court judgments on such cases but still intends to challenge one finding against it. Like other insurers around the world, Santam had rejected some business interruption claims related to coronavirus lockdowns. While it said ...
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Amazon, Berkshire, JPMorgan healthcare joint venture to shut business next month
The not-for-profit venture was meant to address high costs in the world’s most expensive healthcare system and to initially focus on “transparent” healthcare for the U.S. employees of the three companies.
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Applied Underwriters’ expansion continues with launch of US based D&O Division
Steve Menzies, CEO of Applied Underwriters, today announced the creation of a US based division of its Applied Financial Lines business unit to provide a variety of D&O coverages in the US under the direction of newly named President of the Division, Stephen McGill.
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Nexus acquires Marine business from Hiscox MGA
Hiscox will continue to provide underwriting capacity for the business alongside other existing markets, led by long-standing supporters Talbot and AXA XL. HMM will become an integral part of Millstream and the business will continue to operate as usual.
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bms launches asia operations
BMS Asia will initially focus on M&A insurance broking, enhancing the group’s existing capabilities in that class of business in London, Canada and Australia.
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How events in 2020 have delivered a sweeping shock to Risk Transfer Markets - Howden Broking
Titled Hard Times, the report offers a detailed retrospective and forward-looking analysis on a period of transformational change (and challenge) for clients and markets alike, as well as providing detailed insights into renewals.
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Reason and logic govern firming reinsurance landscape: Willis Re 1st View Renewals Report
The Willis Re 1st View report is a thrice-yearly publication including specific commentary on key trends throughout the world’s major reinsurance classes and regions
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Six business risks for 2021
The need for robust organisational resilience plans and resources to ensure employee wellbeing are essential in the ‘new normal’
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Premia expands reinsurance capacity with Elevation Re formation
This arrangement enables Premia to support run-off reinsurance opportunities with additional capacity and allows investors in Elevation Re to participate alongside Premia in the rapidly-expanding P&C run-off market through a unique and innovative structure.
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Enstar announces reinsurance of $690 Million of Continental Casualty Company’s Legacy Excess Workers’ Compensation Business
The closing of the transaction is subject to regulatory approval and other closing conditions.
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People & Opinion
Nicolas Papadopoulo named President and Chief Underwriting Officer of Arch Capital Group
Papadopoulo said, “I am excited and humbled to take on this new role and look forward to continuing to work closely with Marc, our strong executive team and employees throughout our organisation.
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Cayman Islands reinsurers form industry group
The founding members of CIRCA include: Aureum Re, Barents Re, CIBC Cayman Reinsurance Ltd., Greenlight Re, Knighthead Annuity & Life Assurance Company, Nassau Re (Cayman) Ltd. and United Insurance Company.
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AMNM partners with AlKoot Insurance and Reinsurance
The partnership provides AlKoot’s members access to AMNM’s world-class, patient-centric healthcare services in Qatar.
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Japan’s Daiwa bets on securities underwriting business in China, CEO says
China has unveiled a slew of measures in recent years to open up its financial sector - worth trillions of dollars - to foreign firms, including banks, fund management, brokerages and insurance businesses.