Articles

Insurance

Everest expects $695m nat cat loss from Q4 2018

Bermuda-based Everest Re Group is expecting to incur fourth quarter 2018 catastrophe losses of $695 million, net of reinsurance, reinstatement premiums and taxes.   25 January 2019

Insurance

Talanx acquires P&C insurer from Munich Re ERGO to expand in Turkey

German re/insurer Talanx, the parent company of Hannover Re and HDI, has acquired property/casualty insurer ERGO Sigorta AS from a Munich Re subsidiary to further expand its activities in Turkey.   3 May 2019

Insurance

Marine insurer North P&I Club boosts loss prevention team in Singapore

Marine liability insurer North P&I Club has bolstered its loss prevention team in the Asia Pacific region by relocating Andrew Glen to Singapore from its UK based head office.   24 January 2019

Insurance

Rural thefts prompt underinsured warning for farmers

Farmers run the risk of being uninsured after rural thefts hit their highest level in seven years, reports the Dundee-based Courier.   28 October 2019

Insurance

Legacy insurer DARAG acquires Italian non-life portfolio from DONAU

European legacy acquirer DARAG Group has purchased a portfolio of Italian non-life business, consisting primarily of motor third party liability from DONAU Versicherung.   22 January 2019

Insurance

Brit launches $300m debut cat bond using UK vehicle Sussex Capital

The bond enables Brit to upsize and bring a larger transaction to market, as well as broaden its panel of ILS investors.   15 December 2020

Insurance

Thai Floods the turning point for understanding risk

David Masters, director at S&P Global Ratings, traces the increasing regionalisation of pricing back to the Thai floods of 2011.   12 September 2019

Insurance

Willis Towers Watson partners with Sompo to launch insurance platform for middle market real estate companies

Broker Willis Towers Watson (WTW) has entered into a strategic partnership with Sompo Global Risk Solutions (GRS), a part of Bermuda-based re/insurer Sompo International Holdings, to create an integrated insurance platform for the middle market commercial real estate segment.   12 September 2019

Insurance

Lloyd's appoints former French bank governor Noyer to Council, Brussels board

Specialist re/insurance market Lloyd's has appointed former French central bank governor Christian Noyer as non-executive director of Lloyd’s Council, and independent non-executive director of the Lloyd’s Brussels board.   27 November 2018

Insurance

Swiss Re appoints new chair at ReAssure ahead of IPO

Swiss Re has appointed Archie Kane as the new non-executive chairman of the board of its UK-based closed book business ReAssure.   18 January 2019

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