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Hannover Re says it is largely satisfied with the outcome of its treaty renewals as of January 1, despite sustained significant competition in most areas of property and casualty reinsurance. 3 February 2016
Insurance
ICAT, a provider of property insurance to businesses and residences in hurricane and earthquake exposed regions of the US, has appointed Megan McConnell as active underwriter for Syndicate 4242 at Lloyd’s. 16 December 2013
Insurance
Despite the large number of mergers and acquisitions (M&A) that took place this year, the re/insurance market is still grappling with excess capacity, Stuart Shipperlee, managing director of Litmus Analysis, told Baden-Baden Today. 21 October 2015
News
Specialist insurance group BMS Associates has appointed Andrew Bustillo as president and chief executive officer of its US-broking arm, BMS Intermediaries. 21 February 2014
Insurance
Just shy of eight years old, RSG Underwriting Managers now has 80 lines of business and more than 250 specialty underwriters. Intelligent Insurer speaks to chairman and CEO Mike Rice and COO Miles Wuller about the principles behind RSGUM’s rapid rise and what the future holds. 6 June 2018
News
While presenting a sharp drop in profit for 2017 due to heavy natural catastrophe losses, Swiss Re CEO Christian Mumenthaler and chief financial officer David Cole praised the reinsurer’s diversification strategy away from P&C reinsurance which Swiss Re wants to further develop. 26 February 2018
Insurance
Two prominent US re/insurers have given their backing to the latest legislation intended to authorise the Terrorism Risk Insurance Program (TRIP) for five years. 20 June 2014
Insurance
American International Group (AIG) had a disappointing start to 2018 as results missed expectations and caused the share price to dive, but CEO Brian Duperreault promised during the May 3 first quarter 2018 results call that the company is on track to address the issues in general insurance and deliver double-digit return on equity (ROE). 9 May 2018
News
The apparent soft market conditions do not reflect the positive underwriting results of reinsurers, according to Stuart Shipperlee, partner, Litmus Analysis. 15 September 2014
Insurance
Mitsui Sumitomo at Lloyd’s, the UK non-life insurer, has appointed two underwriters as its Syndicate 3210 seeks to diversify products and distribution. 7 August 2013
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