Articles

Insurance

P&C premium growth drives sharp rise in revenue for reinsurers; firms see 'benign major loss'

Reinsurers posted strong earnings in the first half of 2019, driven by a surge in premiums in Property & Casualty (P&C), according to Aon’s Reinsurance Aggregate ( ARA) report.   12 September 2019

Insurance

Sirius creates new head of life reinsurance role for PartnerRe's Florian Boecker

Sirius Group has hired PartnerRe's Florian Boecker as head of life reinsurance, an extension of the company's existing global accident & health (A&H) business.   12 September 2019

Insurance

BGC launches new aircraft finance solutions unit with Boeing hire

BGC Insurance Group (BGCI), a division of global brokerage firm BGC Partners which owns Ed and Besso, has expanded its global aviation brokerage to include aircraft finance solutions.   12 September 2019

Insurance

Willis Towers Watson partners with Sompo to launch insurance platform for middle market real estate companies

Broker Willis Towers Watson (WTW) has entered into a strategic partnership with Sompo Global Risk Solutions (GRS), a part of Bermuda-based re/insurer Sompo International Holdings, to create an integrated insurance platform for the middle market commercial real estate segment.   12 September 2019

Insurance

Allianz Partners CEO Serge Corel joins insurtech start-up Cuvva

Insurtech startup Cuvva has hired former CEO of Allianz Partners, Serge Corel, as director of partnerships to play a key role in driving its future growth.   12 September 2019

Insurance

Beazley boosts international healthcare team with new addition

Specialist insurer Beazley has appointed Andrew Page to join its healthcare team to write a range of international miscellaneous medical risks outside the US.   12 September 2019

Insurance

Third Point Re's Manoj Gupta becomes new COO of TigerRisk; Bredahl's role is split

Reinsurance broking and risk/capital management firm TigerRisk has appointed Third Point Re's Manoj Gupta as new chief operating officer (COO), based in New York.   11 September 2019

Insurance

SOBC DARAG snaps up New Mexico P&C Insurance in acquisition spree

SOBC DARAG, a subsidiary of run-off specialist DARAG UK, has acquired New Mexico P&C Insurance Company, having received approvals from New Mexico OSI and Florida OIR.   11 September 2019

Insurance

Challenges remain despite business-friendly governments

Many countries began the year with fiscally conservative and business-friendly administrations, following regional elections, but domestic challenges remain, Mathias Jungen, head of reinsurance Brazil and the Southern Cone at Swiss Re, has told FIDES Today.   11 September 2019

Insurance

Extreme weather events have driven spike in ILS impairments

Following the difficult years of 2017 to 2019, which were dominated by extreme hurricanes, earthquakes, wildfires, typhoons and winter storm events, 25 insurance-linked securities (ILS) bonds are expected to be impaired in the 12-month period to June 30.   11 September 2019

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