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Insurance
Hedge fund-backed Greenlight Capital Re reported a loss for the first quarter of 2018 driven by investments. 1 May 2018
Insurance
Universal Insurance Holdings chief risk officer Jon Springer believes that the company will be able to keep its reinsurance costs in 2018 at the same level as 2017 despite record catastrophe losses last year from hurricanes and rate increases in the primary business. 1 May 2018
Alternative Risk Transfer
Business written by Blue Capital Reinsurance Holdings decreased by almost a third in the first quarter of 2018 compared with the same period a year before, despite positive rate increases. 1 May 2018
Insurance
Standard & Poor’s Global Ratings has raised the assessment of Sompo Holdings Group’s enterprise risk management (ERM) to “Strong” from “Adequate with strong risk controls”. 1 May 2018
Insurance
The Hartford CEO Chris Swift is looking for bolt-on acquisitions in commercial lines and specialty while reinsurance business would not be a driver for a potential transaction. 30 April 2018
Insurance
US-based LeaseLock, a new insurance technology product for the rental housing market, announced it has completed a $10 million Series A round of financing to enable expansion. 30 April 2018
Insurance
Willis Re, the reinsurance business of Willis Towers Watson has appointed Franck Pinette as managing director of its EMEA life & health practice with effect from April 30, 2018. 30 April 2018
Insurance
Bermuda-based Randall & Quilter (R&Q) is growing in legacy acquisitions and programme underwriting management and CEO Ken Randall prepared the market for upcoming new transactions. 30 April 2018
Insurance
Marsh & McLennan unit Guy Carpenter & Company has promoted John Fletcher to chairman of the firm’s Bermuda operations with immediate effect. 30 April 2018
Insurance
The Everest Re CEO sees demand for reinsurance growing from large insurers driven by consolidation in the sector. 27 April 2018
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