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Insurance
While most classes of reinsurance and specialty lines have seen a moderation or end to price reductions, there is not a consistent pattern, with increases generally limited to areas and sectors where heavy losses had occurred last year, broker JLT said in a May 1 trading statement.   1 May 2018
Ex-DARAG CEO unveils new carrier backed by Munich Re
Insurance
Former DARAG CEO and current SOVAG chairman Arndt Gossmann has revealed plans to create a new risk carrier focusing on portfolio restructuring of non-life insurers in Europe with Munich Re as its reinsurance partner.   19 October 2018
Insurance
Insurer Chubb has expanded its life science team in the UK and Ireland to further build its specialty casualty insurance capabilities for middle-market and multinational businesses across the region.   4 May 2017
Insurance
Lloyd’s specialist insurer Beazley has introduced a product seeking to quote any US management, professional, cyber and healthcare liability risks that can be legally underwritten, provided that no other London insurer offers terms.   4 April 2017
News
Munich Re reclaimed the No. 1 position from Swiss Re in AM Best’s 2018 annual ranking of the Top 50 Global Reinsurance groups.   5 September 2018
Alternative Risk Transfer
Bermudian PartnerRe has revealed a £725 million longevity reinsurance agreement with UK-based specialist insurer Pension Insurance Corporation (PIC).   23 January 2018
Insurance
The Everest Re CEO sees demand for reinsurance growing from large insurers driven by consolidation in the sector.   27 April 2018
Insurance
Specialist insurer Beazley has appointed Nicholas Tey as financial lines regional manager for Asia.   25 July 2017
Insurance
Jeremy Brazil, who has overseen Markel International’s underwriting for nearly ten years, is stepping down from his executive role at the end of the year.   14 September 2017
Insurance
XL Group has strengthened its marine team with the appointment of Bert Nelen as chief underwriting officer, Europe and Rod O’Malley as senior class underwriter, Cargo.   12 March 2014

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