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UK bulk annuity transactions are set to reach £30 billion in 2018 for the first time, making it a “bumper year”, according to Aon. 15 December 2017
Insurance
The current hurricane activity, which may continue during the rest of the year, could prove to be an acid test of reinsurers’ enterprise risk management (ERM) strategies, Stuart Shipperlee, partner at Litmus Analysis, told Monte Carlo Today. 13 September 2017
Insurance
JLT Re is excited about its position in the industry and is investing heavily in its business, especially with all the activity in the hurricane season, according to global CEO Mike Reynolds. 13 September 2017
Insurance
Strong investment results helped boost an otherwise tepid set of first quarter results for Alleghany Corporation, which owns TransRe, in which its profits dipped because of lower underwriting profits less reserve developments and the business also shrank slightly. 5 May 2017
Insurance
Specialty re/insurer Brit has appointed Paolo Cuomo to the newly created role of head of strategy, based in London. 1 July 2019
Insurance
Zurich Australian Insurance, a division of Zurich Insurance Group, has appointed Tim Plant as CEO of general insurance, Australia & New Zealand. 10 July 2018
Insurance
Specialty re/insurer Sompo Canopius has appointed Stephen Pike as credit and political risk underwriter. 16 August 2017
Insurance
AM Best is maintaining its 2018 outlook for the US property/casualty reinsurance sector at negative, citing the pronounced pressure on US property catastrophe rates as the alternative capital market presence in the property catastrophe space continues to grow. 10 January 2018
Insurance
Arch Capital Group has established a range of pre-tax losses of $60 million to $75 million, net of reinsurance recoveries and reinstatement premiums, the catastrophic events in the fourth quarter of 2017. These included a series of wildfires in California and a series of smaller catastrophe events occurred around the globe. 10 January 2018
Insurance
Ed, the broker formerly known as Cooper Gay, has appointed Namik Gulsun as head of international property and casualty. 14 February 2017
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