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Insurance
The sidecar recently formed by Aon and Berkshire Hathaway, whereby the latter takes a 7.5% quota share on all retail subscription business placed by Aon with some Lloyd’s participation, has resulted in more business being placed in the Lloyd’s Market, according to a letter seen by Intelligent Insurer. 25 September 2013
News
TigerRisk Partners has named Martin Bartell as head of its UK-based retrocessional and specialty reinsurance practice. He joins from Aon Benfield’s Global Re Specialty team where he focused on per-risk and catastrophe business placed with traditional reinsurers and ILS markets. 24 September 2013
Insurance
Cooper Gay Swett & Crawford (CGSC) will acquire independent Lloyd’s insurance and reinsurance broking group Newman Martin and Buchan (NMB) subject to regulatory approval. 24 September 2013
Insurance
Swiss Re Corporate Solutions has announced the expansion of its marine insurance footprint in Continental Europe through the formation of a dedicated underwriting team in Paris. 23 September 2013
News
While many in the reinsurance industry are concerned about the potential implications of the influx of alternative capital, it also offers an opportunity to leverage increasingly diverse sources of retrocessional capacity 18 September 2013
Insurance
Tokio Marine Europe Insurance has appointed Wayne Krause as European head of marine underwriting. His new position now includes direct responsibility for the UK marine portfolio in addition to oversight of Tokio Marine Europe Insurance’s marine underwriting activities on the Continent. 17 September 2013
News
While many in the reinsurance industry are concerned about the potential implications of the influx of alternative capital, it also offers an opportunity to leverage increasingly diverse sources of retrocessional capacity. 11 September 2013
News
Having already become a big player in the peak zone catastrophe business, pension funds, endowments and hedge funds are now trying to move into non-peak zone catastrophe business as they look to diversify their investments in reinsurance sector business. 10 September 2013
News
Barbican is one of a group of re/insurers that are considering a consortium approach as it looks to develop its presence in the Asia-Pacific region. 9 September 2013
News
The influx of alternative capital will encourage creativity and innovation, however, the industry must remain disciplined says Kathleen Faries from Tokio Solutions Management (TSM). 9 September 2013
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