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Swiss Re has revealed how it ‘stopped’ 23 business transactions going ahead last year because they failed to meet certain criteria around sustainability and corporate responsibility. A further 18 deals were temporarily halted until certain criteria could be met. 19 June 2013
Insurance
Insurers and reinsurers are unlikely to be badly hit by the recent floods to hit Central Europe, which could be the worst since 2002. But a number of lessons could be taken from the recent losses, according to AM Best. 19 June 2013
Awards
While innovation and the ability to be responsive to clients’ needs are often highly valued qualities within a rapidly changing reinsurance industry, sheer size and financial strength are also qualities still considered critical by many buyers. 19 June 2013
Reinsurance
Law firm CMS has appointed a new reinsurance partner in London. Simon Kilgour joins from RPC where he is a partner and head of reinsurance. 18 June 2013
article
XL Group has appointed Valérie Devaux - Piquer as casualty underwriting manager, Europe, Reinsurance, who joins the business from Transatlantic Reinsurance Company. 17 June 2013
News
Argenta Private Capital, a subsidiary of Argenta Holdings, has launched a vehicle that will offer high net worth individuals and institutions the opportunity to invest in businesses trading at Lloyd’s. 17 June 2013
News
Zurich-based investment firm Twelve Capital will assume the investment management function of the insurance-linked securities (ILS) business of the Swiss wealth management boutique Falcon Private Bank. 14 June 2013
Insurance
HCC Insurance Holdings has promoted Simon Button to chief underwriting officer for HCC International Insurance Company and Lloyd’s Syndicate 4141, reporting to Barry Cook. 13 June 2013
Insurance
The abundance of alternative capacity that has entered the reinsurance industry in recent years will stay and may well prove of significant benefit to buyers. 12 June 2013
News
Nexus Group, the specialty MGA, has announced a transaction with reinsurer PartnerRe which covers the current core financial lines underwritten by Nexus for five years. 12 June 2013
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