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Alternative Risk Transfer
Barbican is open to working with other capital providers on new ventures, said David Reeves, group chief executive officer, Barbican Insurance Group, speaking in the wake of the announcement it will manage a Lloyd’s syndicate funded by Credit Suisse’s insurance-linked securities (ILS) team. 20 October 2015
Alternative Risk Transfer
Softening rates, further consolidation in the industry and the challenges of growth were identified as being the most likely topics of discussion in Baden-Baden this year by respondents to an online pre-conference poll by Intelligent Insurer. 20 October 2015
Insurance
Zurich Insurance Group will have almost completed the deep cuts it is making to its reinsurance panel by the end of the Baden-Baden conference, leaving it with relationships with only around 20 players, Markus Meier, head of reinsurance management, Zurich Insurance Group, told Baden-Baden Today. 20 October 2015
Insurance
In association with Standard & Poor’s, Intelligent Insurer invited a number of senior executives from reinsurers and brokers to a roundtable discussion which tackled topics including rates, changing buying habits, growth, innovation and consolidation. 20 October 2015
News
Tired of the distractions of the mergers & acquisitions (M&A) activity between reinsurers, buyers in Europe have welcomed the takeover of PartnerRe by Italian investment company EXOR because it frees the reinsurer from any speculation or distractions—and there are no integration issues to contend with, Charles Goldie, CEO, PartnerRe Global, told Baden-Baden Today. 20 October 2015
Insurance
Mapfre Global Risks (MGR), the unit of global insurance firm Mapfre that specialises in providing insurance solutions for multinationals, has appointed Andrew Malcolm, as a senior energy underwriter. 19 October 2015
News
E+S Rück, which is responsible for writing German business within the Hannover Re Group, anticipates rising demand overall for reinsurance covers in the upcoming treaty renewals as at 1 January 2016. 19 October 2015
Insurance
Global insurance and reinsurance firm XL Group has estimated it accumulated $100 million of preliminary losses from the mid-August 2015 explosions in Tianjin, China. 19 October 2015
Insurance
Global re/insurance broker Willis has appointed Alex Clayton as head of construction for Willis GB, the operating segment that includes Willis’s specialty, facultative and retail insurance businesses in the UK. 19 October 2015
Insurance
Charles Taylor, a provider of professional services to the insurance market, has announced that its subsidiaries Cardrow Insurance and Beech Hill Insurance, which are non-life insurance companies in run-off, have entered agreements to transfer their insurance businesses to Tenecom, a subsidiary of Berkshire Hathaway. 19 October 2015
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