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Munich Re’s projections for the reinsurance industry show little growth for the sector as excess capital continues to compete for business. But the reinsurer also believes that the losses generated by the recent hurricanes will trigger more demand. 11 September 2017
Insurance
Former Endurance CEO Ken LeStrange retired as the chairman of US-based Orchid Underwriters' board of directors, the company said. He will be replaced by Steven Carlsen, who was also a founding member of Bermuda-based Endurance Specialty Holding. 28 March 2017
Insurance
Lloyd’s of London is set to establish a branch in Mumbai in 2017 after receiving approval from the Indian regulator, Insurance Regulatory and Development Authority of India (IRDAI), allowing it to provide onshore reinsurance service in India. 7 November 2016
Insurance
Randall & Quilter, the specialist non-life legacy insurance investor, posted a strong set of results for the first six months of 2017 as it benefitted from a robust pipeline of legacy business and the impact of simplifying the business, which has included some disposals. 4 September 2017
Insurance
A major event on reinsurers’ asset side or an unexpected massive loss event is needed to reverse a decline in rates, as capacity is unlikely to shrink any time soon, according to participants in a panel discussion organised by Fitch Ratings ahead of the Monte Carlo Rendez-Vous. 12 September 2016
Awards
Best Reinsurance Broker for Client Responsiveness (revenues of more than $1bn) winner: Guy Carpenter
Guy Carpenter shot into first place for best reinsurance broker for client responsiveness with revenues of more than $1 billion with a score of 7.10 out of 10. 14 September 2014
Awards
The title chase for best reinsurer for expertise and market knowledge with GWP of less than $2 billion was close, with Catlin Re coming out on top with a score of 7.44 out of 10. The specialist property/casualty reinsurer was well recognised throughout the survey. 14 September 2014
Insurance
Disruptive Capital Investments, a £250 million fund controlled and managed by City financier Edi Truell, has acquired a majority stake in REG (UK), an online counterparty risk management platform for the UK general insurance market. 27 April 2017
Awards
With an infinitesimal amount between the scores, the title of best reinsurer for client service with a GWP of less than $2 billion went to Catlin Re. The reinsurer received a score of 7.27 and a multitude of positive comments. 14 September 2014
Insurance
Broker Willis Towers Watson has appointed John Campbell as corporate risk and broking (CRB) market leader and construction leader for St. Louis. 4 August 2017
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