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O’Donnell takes positives as RenRe posts strong growth in 2018 but profits dip
News
RenaissanceRe’s gross written premiums jumped by nearly 20 percent in 2018 – but its profits dipped mainly on the back of high levels of claims from the record-breaking wildfires in California for a second consecutive year.   30 January 2019
News
Alsford Page and Gems, the parent of Lloyd’s re/insurance broker, Alsford Page & Gems (APG), has been purchased by a consortium of the company’s current management and privately owned investment firm, PSC Capital.   27 January 2015
RLI COO misses volcano reinsurance offer
Insurance
US specialty insurer RLI Corporation was impacted by a $5.5 million net decrease to underwriting income in the second quarter due to volcanic activity in Hawaii, and chief operating officer Craig Kliethermes explained during the results conference call that there is no reinsurance cover available for such catastrophe events.   23 July 2018
Insurance
Specialist captive managing general agent (MGA) International Re (I–RE) has launched a re/insurance solution for mid-sized captives with the establishment of I–RE SA.   16 July 2019
News
TransRe, the reinsurance arm of Transatlantic Holdings and a wholly owned subsidiary of Alleghany Corporation, is planning a subsidiary in Luxembourg as it looks to restructure and bolster its presence in the European Union.   10 September 2018
Insurance
Re/insurer QBE has announced that its post-Brexit restructuring plans were heard at the High Court, ensuring continuity of service for its customers across the European Union.   10 September 2018
News
French reinsurer CCR Group has unveiled a series of appointments including new hires from MS Amlin and Arch.   10 September 2018
Insurance
Insurance web aggregator PolicyBazaar raised more than $200 million in a new investment round led by the SoftBank Vision Fund.   25 June 2018
Insurance
The Chinese government has taken full ownership of troubled Anbang Insurance Group, according to a Wall Street Journal report citing a June 22 statement by the regulator.   25 June 2018
Insurance
Cyber insurance is increasingly becoming a growth driver for German commercial insurer HDI Global, according to CEO Christian Hinsch.   21 August 2017

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