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Insurance
The industry is better prepared to deal with large catastrophes than ever before, a factor which has been assisted by convergence capital, according to Alastair Speare-Cole, CEO of JLT Re. 8 September 2013
Reinsurance
Diversification should not be regarded as a panacea by reinsurers and the industry as a whole must be wary of the consequences of under-pricing catastrophe risks however they are packaged. 8 September 2013
Reinsurance
One of the hottest topics at Monte Carlo this year will undoubtedly be the growing influx of third party capital into the collateralised reinsurance market and the many challenges this presents for traditional reinsurers. 8 September 2013
Insurance
AllianceBernstein, the investment management firm, has appointed Etienne Rougier and Erik Vynckier as chief operating officer (COO) for insurance in EMEA and senior portfolio manager insurance respectively, focusing on specialist solutions for insurance clients. Both will be based in London and will report to Tim Ryan, chairman & CEO. 4 September 2013
Insurance
Guy Carpenter & Company has made a major strategic investment in a new venture designed to help develop business in Greece, Cyprus and adjacent countries. 4 September 2013
Insurance
PwC has appointed Lindsay J’afari-Pak as a partner to lead the firm’s tax services to the life insurance industry. 4 September 2013
News
Munich Re will acquire RenaissanceRe’s weather and weather-related energy risk management unit, RenRe Energy Advisors (REAL). 4 September 2013
Insurance
XL Group has appointed Louise Dennerstahl to head up its International Professional insurance business, which covers the markets in Europe, Asia Pacific and Latin America. Based in London, she will report to Bernard Horovitz, chief executive of XL Group’s Global Professional business. 4 September 2013
Insurance
Barbican Group Holdings has appointed David Slade as an underwriting manager within the firm’s property division. He will report to James Winn, active underwriter, Syndicate 6113. 3 September 2013
News
Julian Enoizi has been appointed chief executive of UK government-backed terrorism reinsurer Pool Re. Formerly the managing director of Lloyd’s insurer ProSight Specialty Underwriters, he takes over from Steve Atkins, who has decided to retire after 13 years in the position. 2 September 2013
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