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Seoul-based reinsurer Korean Re has launched a new reinsurance subsidiary in Zurich, Switzerland as part of its expansion strategy in the European market. 20 May 2019
Insurance
HDI Global Specialty SE, a new specialty lines insurer created from merging the specialty lines activities of Hannover Re and HDI Global, has recruited Martin Jackson as head of aviation and space, replacing Tim Slade. 20 May 2019
Insurance
Specialist reinsurance broker Capsicum Re has appointed Tom Mills to its Bermudian operation, in a move aimed at growing its presence on the island as it enters fifth year of trading since opening its office in 2014. 20 May 2019
Insurance
Rating agency AM Best has revised the outlook of Bermuda-based reinsurer Third Point Re to negative from stable, expressing "concerns over the company’s business profile", its ability to make underwriting profits, and the recent changes in its senior management including the departure of its CEO Robert Bredahl. 17 May 2019
Insurance
US-based property/casualty insurer The Hartford has received all regulatory approvals necessary for the closing of its acquisition of global specialty insurance holding The Navigators Group. 17 May 2019
Insurance
Average commercial insurance prices globally enjoyed their biggest increase since 2012 in the first quarter of 2019, according to Marsh’s Global Insurance Market Index. 17 May 2019
Insurance
Re/insurance broker Aon has made several organisational changes within its global reinsurance clients team co-led by Brad Melvin and Bruce Selby Bennett, in a move it hopes will help better align and integrate with the wider firm, and increase value to its clients. 17 May 2019
Insurance
German reinsurer Deutsche Rück Group's profits soared in 2018 but its book shrank due to a restructuring of a business segment within the group of German public insurers. 17 May 2019
Insurance
DataCubes, an automation platform for commercial P&C underwriting, has partnered with Synergy Coverage Solutions, a niche workers’ compensation MGA operating primarily in the Southeast and Midwest. 17 May 2019
Insurance
Insurance brokers are worried about the future of their business amidst all the technological advancements and changing re/insurance landscape, suggests a new report by the Society of Insurance Broking (SIB). 16 May 2019
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