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Swiss Re unveils new capital markets unit in Brexit move

Swiss Re has formed a new capital markets unit in Luxembourg and applied for authorisation to trade with EEA based clients to ensure trading continuity post-Brexit.   30 January 2019

Insurance

RFIB appoints ex-Aon as reinsurance CEO to ramp up growth plans in Asia

Lloyd's re/insurance broker RFIB Group has appointed Stephen Warwick as CEO reinsurance, Asia Pacific, following a strategic review of the region.   30 January 2019

Insurance

AXIS Re taps Gen Re's Arbuckle as new underwriting head for Canada

Bermuda-based AXIS Capital Holdings has hired a senior executive from Gen Re to expand AXIS Re’s Canadian market business and establish new partnerships in the region.   30 January 2019

Insurance

Lloyd's appoints former US Senator John Sununu to council

Specialist insurance and reinsurance market Lloyd's has appointed former United States Senator John Sununu as a new member of its Council for a three-year term, beginning Feb 6, 2019.   30 January 2019

Insurance

WR Berkley posts positive 2018 results but shrinks reinsurance unit

WR Berkley posted positive results for 2018 despite what it called a period of elevated worldwide catastrophes, but it shrank its reinsurance unit stressing that it will “grow where it can achieve its targeted return, while de-emphasizing less attractive opportunities”.   30 January 2019

Insurance

Chubb inks 15-year distribution deal with Banco de Chile

Insurer Chubb has entered into a 15-year life and general insurance distribution agreement with Banco de Chile, the largest bank based in Chile, to further expand its presence in the Latin American market.   28 January 2019

Insurance

AIG appoints new global head of accident and health from Chubb

American International Group (AIG) has appointment Edward Levin as global head of accident & health, general insurance.   28 January 2019

Insurance

Allied World reshuffles Bermuda leadership in growth strategy

Allied World Assurance Company Holdings has reshuffled the leadership of its Bermuda operations as part of its growth and expansion strategy on the island.   28 January 2019

Insurance

QBE Europe hires Allianz exec to head commercial motor business

Specialist insurer QBE has hired a senior executive from Allianz as director of motor for the UK.   28 January 2019

News

Terra Brasis Re renews $5m cat bond deal with AIG's AlphaCat

AIG's insurance-linked securities (ILS) unit AlphaCat Managers has completed a $5 million private catastrophe bond transaction with Brazilian reinsurer Terra Brasis Re.   28 January 2019

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