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In what is a fairly volatile re/insurance landscape in Asia, international reinsurers should look to share their expertise and experience to help local players understand the benefits of dispersing risk, Richard Chu, senior underwriter credit & surety, Asia Pacific, PartnerRe, told SIRC Today. 2 November 2015
Insurance
Arch Insurance, a member of Arch Capital Group, has appointed Vincent Kellaher as senior vice president (SVP), resphttps://newton-media-admin.thisisblaze.com/content/content/indexonsible for the oversight of the firm’s third party administrator (TPA) managed claims. 30 October 2015
Insurance
Bermuda-based Validus Holdings enjoyed increased profits in the third quarter of the year financially, reporting a net income of $66.7 million for the three months ended September 30, 2015, compared with $39.7 million for the three months ended September 30, 2014. 30 October 2015
Insurance
The profits of re/insurer Arch Capital has taken a dive in the third quarter of the year. 29 October 2015
Insurance
PartnerRe reported a net loss of $243.3 million for the third quarter of 2015, largely due to a $315 million termination fee and reimbursement of expenses it paid to Axis Capital following it breaking off the proposed merger between the two companies. 29 October 2015
Insurance
Re/insurance company AXIS Capital suffered a decline in its profits in the third quarter mainly due to high offshore energy losses and adverse impact of volatility its investment portfolio. 28 October 2015
Insurance
The re/insurance industry is caught between analogue and digital worlds and large parts of it are “broken” as a result, Brian Duperreault, chief executive officer of Hamilton Insurance, told delegates at the PCI annual conference yesterday (Monday October 26). 27 October 2015
Insurance
The re/insurance market must aim to expand and achieve a greater saturation of insurance buying globally, Adam Szakmary, the recently appointed chief executive officer of Blue Capital Management, told PCI Today. 27 October 2015
Reinsurance
Selective underwriting, a clearly defined client base and aligning yourself with non-traditional capital are the key “ingredients of future success” in the property-cat space, Stephan Ruoff, chief executive of Tokio Millennium Re (TMR), told PCI Today. 27 October 2015
Insurance
Fidelis Insurance has hired three senior executives, one of whom, Ben Savill, joins as the company’s Bermuda chief executive officer. 27 October 2015
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