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Reinsurers have returned more capital to shareholders in the first half of 2017 than they earned, according to the September Willis Re Reinsurance Market Report. 6 September 2017
Insurance
Century Underwriting, a specialist commercial managing general agent (MGA), has expanded its product offering to include liability and environmental impairment liability. 15 February 2017
Insurance
The Singapore Reinsurers’ Association (SRA) has re-elected Validus Re’s CEO of Asia Pacific and executive vice president Marc Haushofer as the chairman of its executive committee for another term. 14 June 2017
Insurance
CopperPoint Insurance Companies, a provider of workers compensation coverage, has named Mark Joos as its new chief financial officer. 14 June 2017
Insurance
Lloyd’s insurer Novae Group has expanded its cyber team with the appointment of Stuart Quick as breach response and cyber operations manager. 16 May 2017
News
Bermuda-based Third Point Reinsurance has announced top leadership changes within the company in an Aug 8 United States Securities and Exchange Commission (SEC) filing. 9 August 2017
News
The profitability of the reinsurance industry is set to fall in 2017 due to low prices and Hurricane Harvey, Moody’s said in a Sept. 4 report. 4 September 2017
Alternative Risk Transfer
The Risk Management Institution of Australasia (RMIA) has appointed Scott Ryrie as its new chief executive officer (CEO). 11 July 2017
Insurance
Thomas Bradley, the chief financial officer (CFO) of Allied World Assurance Company Holdings, has left the company following its $4.9 billion acquisition by Canadian P&C re/insurer Fairfax Financial Holdings. 7 August 2017
Insurance
China Re, China’s biggest reinsurer, will acquire speciality insurer Chaucer from its parent The Hanover Insurance Group for $950 million in a deal that gives the buyer a solid foothold in both the speciality markets and in Lloyd’s. 13 September 2018
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