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The UK’s Chancellor Philip Hammond has agreed to a consultation on the framework for setting future personal injury (Ogden) rates after a severe rate reduction alarmed the industry. 1 March 2017
Insurance
Qatar Insurance Company (QIC), the insurance group that owns Qatar Re and Antares, enjoyed solid growth in the first quarter of 2017 driven by contributions from these reinsurance and speciality insurance subsidiaries specifically. 26 April 2017
Insurance
Given the oversupply of capacity in the core property and casualty lines, more reinsurers in Asia are targeting specialty lines. But these lines are not growing quickly enough to match the incoming capacity, creating pricing pressure in these lines, said Mark Morley, managing director, Willis Re, South East Asia. 12 October 2016
article
Alastair Speare-Cole, chief executive officer of JLT Re, says that the acquisition of Towers Watson’s reinsurance brokerage business would represent the fulfilment of one of the main objectives set for him by group CEO Dominic Burke when he joined JLT Re from Aon Benfield some 20 months ago. 22 October 2013
Insurance
Willis and Cooper Gay Swett & Crawford (CGSC), along with Ruschlikon UK members, ACE, XL Group and Generali are set participate in the pilot of Xchanging and Deutsche Bank’s Netsett platform. 18 September 2014
News
Profits plummeted at PartnerRe in the first quarter of the year as it blamed a number of factors including changes to the Ogden discount rate in the UK, a decline in favorable prior year reserve development and lower profitability in its health line of business. 4 May 2017
News
The partnership between TransRe and Gen Re that will see the former help the latter access the broker markets in the US has been an “unqualified success” the CEO of TransRe’s parent company has stated in relation to the reinsurer’s second quarter results. 4 August 2017
article
Jardine Lloyd Thompson Group (JLT) has formally launched JLT Towers Re, following its acquisition of Towers Watson's reinsurance broking business. 6 November 2013
Insurance
Unprecedented volatility in economics, demographics and geopolitics and rapid technology advancements are transforming traditional risks for global businesses, adding new urgency and complexity to old challenges, according to Aon’s 2017 Global Risk Management survey. 24 April 2017
Insurance
Insurer Chubb has announced several management appointments for its general and life insurance operations. 4 October 2017
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