Articles

Alternative Risk Transfer

Arcus Syndicate 1856 promotes Gfeller, Delaney

Arcus Syndicate 1856 (Arcus 1856) has promoted Adrian Gfeller to the position of managing director and Gary Delaney to the position of head of operations effective August 1.   31 July 2018

Insurance

MGA launched at SIRC targets cyber growth in Asia

Cyber insurance penetration is low in Asia, but there is great opportunity to introduce cyber products at a local level and build them out from there, Jonathan Ranger, chief executive officer of Criterion Underwriting, told SIRC Today.   30 October 2018

Insurance

Cats to stabilise renewals: ACR

Recent catastrophe events in Asia are likely to stabilise rates in the upcoming renewals and make any significant rate reductions unlikely, Soeren Soltysiak, chief underwriting officer, treaty, Asia Capital Reinsurance Group, told SIRC Today.   30 October 2018

Insurance

Swiss Re agrees to sell ReAssure to Phoenix Group

The agreement values ReAssure at £3.25 billion ($4.28).   6 December 2019

Insurance

Castel lures Amlin exec

Castel Underwriting Agencies, the club-style managing general agent (MGA) formation platform, has appointed James Nugent as its first chief underwriting officer.   1 July 2015

Insurance

Markel gains Lloyd’s India reinsurance licence

Specialist insurer Markel International has been granted a licence by the Insurance Regulatory and Development Authority of India (IRDAI) to write reinsurance business in the country.   11 June 2018

Insurance

XL Catlin swoops for AXA exec to boost broker management

Re/insurer XL Catlin has appointed Elie Hanna as head of central broker management.   1 March 2018

News

Australian terror reinsurance pool increases private retro participation

Australia’s terrorism insurance scheme administrator, Australian Reinsurance Pool Corporation, has increased the private participation in retrocession reinsurance cover at renewals for 2018.   1 March 2018

Insurance

AXIS Capital outlook revised to negative post Novae acquisition

S&P Global Ratings has revised the outlook for Bermuda-based AXIS Capital Holdings to negative from stable, reflecting its concerns that AXIS' capital redundancy will significantly diminish after the deal acquisition of Novae Group.   10 July 2017

Insurance

XL Catlin poaches AIG executive to head global programmes

XL Catlin has appointed Sonja Ochsenkuehn as head of global insurance programmes. She will be based in New York.   10 July 2017

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