Articles

Alternative Risk Transfer

Markel internal inquiry finds ‘no evidence’ CATco misled on loss reserves

An internal investigation by Markel Corporation into loss reserves in late 2017 and early 2018 at its CATCo found “no evidence” employees deliberately misled investors.   15 April 2019

Insurance

CEO of Axa UK & Ireland Claudio Gienal launches strategy rethink; talks XL deal

With six months under his belt as CEO of Axa UK & Ireland, Claudio Gienal has started a strategy revamp to take the business into the future.   8 April 2019

Insurance

MS&AD's Mitsui Sumitomo creates new global digital hubs in innovation strategy

Mitsui Sumitomo Insurance (MSI), a subsidiary of Japanese insurance group MS&AD, has set up two digital hubs in Tokyo and Singapore to support the company's digital transformation strategy.   8 April 2019

Insurance

Gallagher appoints John Thompson as CEO of UK specialty and wholesale

Broker Gallagher has appointed John Thompson as chief executive officer (CEO) of the UK’s specialty London market and wholesale businesses.   8 April 2019

Insurance

TigerRisk adds Guy Carpenter MD Kevin Feldman as partner

Reinsurance broking and risk/capital management firm TigerRisk has appointed Guy Carpenter's Kevin Feldman as a partner.   8 April 2019

Insurance

Ariel Re swoops for Tokio Millennium Re hire to build marine & energy operations

Ariel Re, a subsidiary of Bermuda-based Argo Group, has hired its new head of marine and energy, reinsurance from Tokio Millennium Re.   8 April 2019

Insurance

Allianz appoints new regional underwriting manager from QBE

UK general insurer Allianz has appointed QBE's Jon Hesketh for its engineering, construction and power unit.   8 April 2019

Insurance

European financial reforms strike right balance, says ALFI

Provisionally agreed reforms to European financial supervision have hit the right balance between European intervention and national autonomy, according to the Association of the Luxembourg Fund Industry (ALFI).   8 April 2019

Alternative Risk Transfer

Hamilton Re secures $65m for sidecar Turing Re amidst "uncertain conditions" in ILS market

Hamilton Re, the re/insurance platform of Bermuda-based holding company Hamilton Insurance Group, has secured $65 million of collateralised capacity through its special purpose sidecar vehicle Turing Re.   5 April 2019

Reinsurance

Profile: AM Re Syndicate, a unique solution

AM Re Syndicate believes the US market is underserved by reinsurers. To solve this problem, the managing general agency is matching US primary carriers with security from Asia using quota share deals, to bring a very different offering to the market, as Intelligent Insurer reports.   4 April 2019

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