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A new company has been launched that plans to offer capital providers in Central and Eastern Europe (CEE), the Middle East & North Africa (MENA) and countries that were formerly part of the Soviet Union (an area known as the Commonwealth of Independent States (CIS)) access to catastrophe retrocessional reinsurance business. 21 June 2013
Reinsurance
Saudi Re has appointed Tarik Aouad as chief business development officer. During a 15 year career in reinsurance, Aouad was previously the general manager of Hannover Re Bahrain. 17 June 2013
Insurance
Governments must get better at preparing for and managing natural catastrophe risks if they are to reduce risk. That is the opinion of Nikolaus von Bomhard, CEO of Munich Re and former chairman of the Geneva Association – an economic think tank, which held a press briefing in London to coincide with its 40thanniversary. 12 June 2013
Awards
Bravery and individualism in the face of tough market conditions and other adversities are two qualities consistently highly valued by respondents to the Global Awards Survey, a comprehensive market research project covering the reinsurance sector being conducted by the research team at Intelligent Insurer, a snapshot of recent answers has revealed. 4 June 2013
Awards
Respondents to the Global Awards Survey, currently being conducted by the team at Intelligent Insurer, have been focusing heavily on innovation in the industry, a recent analysis of the data compiled so far has revealed. 29 May 2013
News
Some $1.6 billion of new issuance catastrophe bond transactions – made up of five bonds – took place in the first quarter, according to Willis Capital Markets & Advisory (WCMA), part of re/insurance broker Willis Group Holdings. 20 May 2013
News
Q-Re has released details of its new management team, led by chief executive Gunther Saacke, and the positions they will hold. 13 May 2013
News
Towers Watson, the global professional services company, has named Michael Murphy as managing director of its Risk Consulting and Software (RCS) business in Europe, the Middle East and Africa (EMEA). 8 May 2013
Insurance
Through a binder relationship with Cobalt, an underwriting agency specifically created to provide Shariah compliant commercial insurance and reinsurance products, XL Group has assigned a team of underwriters to focus on this rapidly growing market. 8 May 2013
Reinsurance
Recent changes in the sources of capital being put to work in the reinsurance markets could favour mutual insurers who will become increasingly valued by traditional reinsurers keen to maintain long-term relationships with these clients. 25 April 2013
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