Articles

Insurance

ProAssurance shuffles leadership roles as Friedman retires

Specialty insurance company ProAssurance Corporation has unveiled leadership changes following the retirement of Howard Friedman, president of healthcare professional liability.   22 February 2019

Insurance

Aquiline Capital snaps up US insurance broker Relation

Private equity firm Aquiline Capital Partners is acquiring US broker Relation Insurance Services from PE firms Parthenon Capital and Century Equity Partners.   22 February 2019

Insurance

Hannover Re appoints Jeff Burt as president of US unit

Hannover Life Reassurance Company of America, the US unit of German reinsurer Hannover Re, has appointed Jeff Burt as new president.   22 February 2019

Insurance

Swiss Re posts solid 2018 results despite cats; Mumenthaler anticipates rate hikes

Some $3 billion of large claims from natural catastrophes and man-made losses battered Swiss Re’s 2018 results but the reinsurer still posted a decent profit and increased its gross written premiums by some 5 percent.   21 February 2019

Insurance

Alleghany’s 2018 results show firm ‘not immune’ from cat losses

Alleghany Corporation’s president and CEO admitted the firm was “not immune” from above average catastrophe losses in 2018 as he announced the 2018 year end results.   21 February 2019

Insurance

Nassau Re launches insurtech incubator in Hartford

US-based Nassau Re has launched an insurtech incubator to support start-ups focused on the life insurance, annuity and reinsurance industries.   21 February 2019

Insurance

Spanish and German CPRI figures show shift in claims trends, says BPL Global

Spain and Germany were in the top 10 countries for credit and political risk insurance (CPRI) claims by value over the past three years, highlighting a change in collection trends, a report by specialist broker BPL Global has found.   20 February 2019

Insurance

Cat bond issuance reaches $9.7bn in 2018, rate hardening expected: Swiss Re

After experiencing 18 months of above average industry losses, Swiss Re expects that ILS investors will want to see rates harden in 2019, especially for loss-impacted tranches.   20 February 2019

Insurance

Ascot hires inland marine head from Markel

Specialist re/insurer Ascot has appointed Jeff Vetter as executive vice president and head of inland marine. He joins from Markel where he led their inland marine division.   20 February 2019

Insurance

SCOR appoints Conoscente as Global P&C CEO as Peignet retires

French reinsurer SCOR has appointed Jean-Paul Conoscente, currently CEO of reinsurance at SCOR Global P&C, as chief executive officer of SCOR Global P&C.   20 February 2019

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