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Insurance
Sapiens International, a global provider of software solutions for the insurance industry, has acquired StoneRiver for an all-cash deal of $102 million to expand its footprint in the US property/casualty (P&C) market. 16 February 2017
Insurance
Run-off expert Arndt Gossmann has launched his latest venture in response to market demand following the introduction of Solvency II and to help dispel any stigma associated with using run-off as a strategic tool, he told Baden-Baden Today. 24 October 2018
Insurance
Skuld, a marine insurance firm, has signed a letter of intent to purchase SMA/Gerling Norway. 20 May 2016
News
More cedants are using reinsurance to reduce their earnings volatility as they attempt to make their businesses more attractive to investors in a low-yield environment, Jean-Paul Conoscente, chief executive of P&C reinsurance business globally at SCOR, told Baden-Baden Today. 22 October 2018
Insurance
S&P Global Ratings has maintained a stable outlook on the global reinsurance sector although the fundamental secular competitive trends haven’t abated. Karakuyu and Johannes Bender summarise S&P’s 2020 Reinsurance Sector Outlook. 22 October 2019
Insurance
Rising interest rates won’t, on their own, improve reinsurers’ operational earnings, and that they will is a common myth that needs to be dispelled—or at least better understood—by the industry, Stuart Shipperlee, head of analysis at Litmus Analysis, told Baden-Baden Today. 22 October 2018
Alternative Risk Transfer
Parametric cat bonds can help the countries of South Eastern Europe, Central Asia, the Caucasus, and the Commonwealth of Independent States as well as Turkey (ECIS) close the protection gap associated with natural catastrophe risk, Kirill Savrassov, chief executive officer of Phoenix CRetro, a niche Bermudian ILS specialist, told Baden-Baden Today. 22 October 2018
News
Bermuda-based re/insurer RenaissanceRe has appointed Hugh Brennan as chief executive officer (CEO) of managing agency RenaissanceRe Syndicate Management (RSM). 20 November 2015
Insurance
ACR Capital Holdings has appointed Bobby Heerasing as deputy group chief executive and deputy chief executive of its fully owned subsidiary Asia Capital Re. 12 June 2017
Insurance
Andy Briggs, chief executive officer (CEO) of Aviva UK Life and chairman of Aviva Global Life, has been nominated by the Association of British Insurers (ABI) Board to become its next chairman. 8 June 2016
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