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Insurance
Insurance Europe’s Reinsurance Advisory Board (RAB), a representative body for the European reinsurance industry, has accused the US National Association of Insurance Commissioners (NAIC) of deviating significantly from the original language of the bilateral agreement on re/insurance prudential measures, concluded between the EU and US in 2017, in its draft implementation plans. 28 October 2018
Insurance
Assured Guaranty has entered into a $13.5 billion reinsurance agreement with Syncora Guarantee (SGI), the wholly-owned New York financial guarantee insurance subsidiary of Bermuda-based Syncora Holdings. 6 February 2018
Insurance
Brokerage and risk management firm Integro Insurance Brokers has hired Carol Roberts to lead its global super yacht specialty offering, based in New York. 9 August 2017
Insurance
Bermuda-based specialist insurer Hiscox said on Oct. 2 that it estimates the combined net claims from Hurricane Harvey and Hurricane Irma at approximately $225 million. 2 October 2017
Insurance
Enstar Group has signed an agreement to acquire a further 52 percent stake in KaylaRe Holdings, the parent company of KaylaRe, a Bermuda-based Class 4 reinsurer. 5 February 2018
Insurance
Reinsurance, wholesale and specialty broker Ed has appointed Marcus Taylor as head of reinsurance Asia Pacific. 5 February 2018
Insurance
Lloyd’s insurer Mitsui Sumitomo has appointed Martin Burke as chief risk officer. 5 July 2012
Insurance
US property/casualty insurer Travelers has completed the acquisition of UK-based small and medium-sized enterprise (SME) insurance broker Simply Business. 7 August 2017
News
US-based Mutual Reinsurance Bureau (MRB) has launched the search for a successor to its current CEO Timothy Dorr, who has announced his plans to retire from the Illinois-based joint reinsurance association. 7 August 2017
Insurance
Catastrophe modelling firm AIR Worldwide (AIR) has collaborated with Pana Harrison (Asia), a Singaporean and Lloyd's registered general insurance and reinsurance broker, to better assess and manage catastrophe risk on behalf of its clients. 20 May 2014
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