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Although competition between reinsurers in Europe remains tough and cedants continue to squeeze rates and terms and conditions, opportunities for growth are also emerging for players with the flexibility and willingness to think outside the box, Jacopo D’Antonio, managing director of Aspen Re Europe, told Baden-Baden Today. 20 October 2015
Insurance
The influx of new capital that has entered the reinsurance industry in recent years has forced Bermuda’s players to reassess how and where they put their capital to work and seek new opportunities and new risks, Brad Kading, president of the Association of Bermuda Insurers and Reinsurers (ABIR), told Baden-Baden Today. 19 October 2015
Insurance
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
Endurance has said it will not be naming a direct replacement for Peter Mills, its chief underwriting officer and head of global specialty and Europe property and casualty (P&C) who left the re/insurer this week. 16 October 2015
Insurance
XL Catlin’s insurance operation has appointed Robert Peretti as senior vice president (SVP), head of broker and client management in the Americas. 16 October 2015
Insurance
Reinsurance carrier Citadel Risk has appointed David Taylor as business development consultant. 16 October 2015
Insurance
XL Catlin’s professional lines insurance operations in Bermuda have launched a directors & officers (D&O) policy. 15 October 2015
News
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
The chief executive of Hamilton USA, part of the Bermuda-based Hamilton Insurance Group, has resigned. 14 October 2015
Insurance
Hiscox Re’s insurance linked strategies (ILS) operation, Kiskadee Investment Managers, has unveiled a number of senior appointments. 9 October 2015
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