Articles

Insurance

RenRe Q3 results hit by typhoon Jebi, hurricane Florence

Bermuda-based RenaissanceRe Holdings (RenRe) estimates losses from third quarter 2018 catastrophe events will have a net negative impact of approximately $155 million on its third quarter 2018 results of operations.   18 October 2018

Insurance

Mining insurance market contracts 30 percent, says Willis

A market review by broker Willis has found a 30 percent withdrawal in capacity from the mining insurance market since the beginning of 2011.   6 February 2012

Insurance

Willis buys stake in Indian broker

Broker Willis has acquired a 49 percent stake in Indian broker, Almondz Insurance Brokers, from Avonmore Capital & Management Services.   24 February 2015

Alternative Risk Transfer

ILS market growth second-slowest in eight years in Q2 2019: Willis Re

The insurance-linked securities (ILS) market declined year-on-year in the second quarter of 2019, making it the second-lowest Q2 for issuance by volume in the past eight years, except for 2016.   7 August 2019

News

Guy Carpenter appoints new head of South East Asia and Korea

Reinsurance broker Guy Carpenter & Company, a wholly owned subsidiary of Marsh & McLennan Companies, has appointed Bengt Johnsen as president and head of the South East Asia and Korea (SEAK) region.   19 July 2018

Insurance

SIRC concludes with record numbers

The 16th Singapore International Reinsurance Conference (SIRC) concluded on Friday at the Sands Expo and Convention Centre. This year, the conference attracted a record number of over 1,100 delegates representing over 400 companies and 53 countries from the insurance, reinsurance and broking community.   4 November 2019

Insurance

Arch Capital reveals new CFO replacing Lyons

Bermuda-based Arch Capital Group (ACGL) has appointed François Morin as executive vice president and chief financial officer (CFO), reporting to president and CEO of ACGL Marc Grandisson.   15 May 2018

Insurance

Hyperion seeks new CFO as Corbett decides to leave at year end

Intermediary Hyperion Insurance Group's chief financial officer (CFO) Oliver Corbett has decided to leave the company to pursue other opportunities.   25 July 2018

Insurance

RKH Specialty hires slew of senior executives from JLT Re, Willis to boost global marine business

RKH Specialty, part of the Hyperion Insurance Group, has made a series of senior hires from JLT Re, Willis and Ascot in Asia, and rebranded its Hong Kong-based marine insurance specialist FP Marine to further expand its capabilities in the sector globally.   5 September 2019

Alternative Risk Transfer

PERILS acquires Canadian loss aggregator CatIQ in expansion move

Zurich-based catastrophe insurance data provider PERILS has acquired Canadian loss and exposure aggregation firm Catastrophe Indices & Quantification (CatIQ).   18 June 2019

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