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Peak Re’s diversity woos European cedants
Although market conditions in Europe remain competitive and rates in many lines are soft, Hong Kong-based Peak Re has found cedants in Europe receptive to working with an Asian reinsurer because of the diversity it offers on their panels and its innovative approach.   19 October 2015
News
A familiar hand
Fuad Kuliyev, CEO, Az Re, talks to Baden Baden Today about the reinsurer’s plans to grow its local market and enter new, yet similar, geographies.   19 October 2015
News
Bound by necessity
K Sanath Kumar, chairman-cum-managing director, GIC Re, talks about the unbreakable link between the risks being both covered and insured against within the re/insurance industry.   19 October 2015
Insurance
Aspen estimates $50m losses from Q3 disasters
Aspen Insurance Holdings has estimated it incurred pre-tax losses of $50 million from the explosion in the port of Tianjin, China, in August and other natural disasters in the third quarter of 2015.   18 October 2015
Insurance
IAG drops China plans
Insurance Australia Group (IAG) has scrapped plans to invest further in China.   15 October 2015
News
PartnerRe estimates Tianjin losses between $50-70m
Global reinsurer PartnerRe has estimated that its losses relating to the explosion in Tianjin, China, in August this year will be between $50 million and $70 million pre-tax and net of retrocession and reinstatement premiums.   14 October 2015
Insurance
Latitude Brokers becomes fully independent after MBO
Marine insurance broker Latitude Brokers has completed a management buyout (MBO) after finalising terms with wholesale and reinsurance firm Cooper Gay Swett & Crawford (CGSC) to purchase its shareholding and become fully independent.   13 October 2015
Insurance
QBE appoints director of motor
Australia-based insurer QBE has appointed Roger Ball as director of motor.   13 October 2015
Insurance
Canopius lures Zurich exec for A&H head role
Canopius Group, the global specialty lines platform of Sompo Japan Nipponkoa Holdings, has appointed Scott Bailey as global head of accident and health (A&H). He will report to Stephen Gargrave, chief underwriting officer, Canopius Managing Agents.   12 October 2015
Insurance
SLE Group appoints CUO
SLE Group, a Lloyd’s cover holder based in Australia, has promoted Dr Tony Carter to chief underwriting officer.   9 October 2015

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