Articles

Insurance

Everest Re reports jump in first quarter 2019 profits

Bermuda-based Everest Re Group posted growth in both its reinsurance and insurance businesses driven by solid underwriting and investment returns, according to its chief executive Dominic Addesso.   8 May 2019

Insurance

RenaissanceRe’s profits nearly triple in 'strong' first quarter 2019 results

Bermuda-based RenaissanceRe enjoyed solid growth in the first quarter of 2019 with revenues increasing by over 380 percent. The reinsurer attributed this increase to improvements in the property, casualty and specialty segments, and certain new transactions.   8 May 2019

Insurance

Beazley partners with Lloyd's insurers to tackle reputational risk

Specialist Lloyd’s insurer Beazley is partnering with other Lloyd’s insurers to offer an insurance and crisis management solution that helps mitigate reputational risk.   8 May 2019

Insurance

R&Q closes largest legacy acquisition deal with AXA; CEO Randall says '2019 pipeline is strong'

Insurance services and investment company Randall & Quilter Investment Holdings (R&Q) has completed the acquisition of Global US Holdings from an investment vehicle managed by AXA Liabilities Managers (AXA LM).   8 May 2019

Insurance

RLI shakes up finance executive leadership as CFO Brown retires

US specialty insurer RLI has appointed Todd Bryant to replace Thomas Brown as the company's chief financial officer (CFO) from July.   8 May 2019

Insurance

Ryan Specialty Group and Nationwide to launch new reinsurer Geneva Re in Bermuda

Ryan Specialty Group (RSG) has teamed up with insurance and financial services provider Nationwide to launch a new reinsurance company based in Bermuda, Geneva Re.   7 May 2019

Insurance

Reinsurance Association of America elects new officers from AXA XL, Hamilton Re and Markel

The Reinsurance Association of America (RAA) has elected John Welch, chief executive North America, AXA XL Reinsurance, as the new chairman of its board.   7 May 2019

Insurance

Former Aon president McGill sees opportunity as M&As limit choice

Mergers and acquisitions in the insurance market have cut client choice to such an extent that industry veteran and former Aon group president Steve McGill spotted an opportunity for a new kind of venture.   7 May 2019

Insurance

JLT Re's Pete Chandler joins BMS Group as president of US reinsurance

Specialist re/insurance broker BMS Group has appointed Pete Chandler as president of its US reinsurance operations. Chandler is the latest in a series of recent high-profile hires from JLT.   7 May 2019

Insurance

Argo fights back against Voce ‘falsehoods’ with detailed SEC filing

Re/insurer Argo Group has fought back against “Voce Capital’s continued falsehoods” by reiterating its “strong track record” and work to drive growth and value for shareholders, as the war of words with the activist investor shows no signs of abating.   3 May 2019

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