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Alternative Risk Transfer
Reinsurance Group of America (RGA) has completed an asset and longevity risk transaction with Liverpool Victoria Friendly Society (LV=) where it will reinsure approximately £900 million in individual annuity business.   19 December 2017
Qatar Re shuts down Singapore unit
Insurance
Bermuda-based Qatar Reinsurance Company (Qatar Re), a subsidiary of Qatar Insurance Company (QIC), has ceased writing new and renewal business from its branch office in Singapore from July 20.   23 July 2018
News
Insurers are missing out on the chance of generating a return on their investment in preparing for Solvency II, according to a new report by Towers Watson.   23 May 2012
Insurance
Re/insurer Mapfre has estimated that losses stemming from the recent natural disasters in North America and the Caribbean will cost it between €150 million and €200 million on its 2017 net result.   27 September 2017
Insurance
Following an in-depth business and financial review, S&P Global Ratings believes Marsh&McLennan (MMC) will likely be committed to and able to de-lever back to a range appropriate for the firm’s current rating despite a very significant increase in debt to fund its acquisition of insurance broker JLT.   8 October 2018
Insurance
Specialist insurer Markel International has been granted a licence by the Insurance Regulatory and Development Authority of India (IRDAI) to write reinsurance business in the country.   11 June 2018
Insurance
JLT Specialty Insurance Services, a US subsidiary of Jardine Lloyd Thompson (JLT), has strengthened its private equity and financial lines groups with a number of appointments.   5 June 2015
Insurance
Berkshire Hathaway Specialty Insurance (BHSI) has opened a new office in Perth to further expand its presence in Australia while appointing new property and casualty lines leaders.   26 March 2018
Insurance
Bermuda-based Enstar Group has entered into an agreement to sell its subsidiary Pavonia Holdings for $120 million to an undisclosed affiliate of Global Bankers Insurance Group, the re/insurance group of companies of Eli Global.   20 February 2017
Alternative Risk Transfer
Artex, an alternative risk management subsidiary of Arthur J Gallagher, has hired Peter Mullen to re-join the company after seven years as CEO-elect.   26 March 2018

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