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Hong Kong is on the path to becoming a dedicated hub for mainland China’s reinsurance needs, Peak Re said in its July Peak Times issue.   31 July 2017
Insurance
The overall cost to insurers and reinsurers of the UK’s change in the personal injury Ogden discount rate is estimated at £3.5 billion across all lines of business, according to advisory firm EY.   16 June 2017
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Capita Insurance Services has hired Shaun Linton, formerly of Charles Taylor Insurance Services, as business development manager.   11 August 2014
Insurance
Bermuda-based RenaissanceRe (RenRe) has reported that second quarter 2017 net income came to $171.1 million, an increase on the $136.3 million it made in the second quarter of 2016.   26 July 2017
Insurance
Liberty Specialty Markets (LSM), part of Liberty Mutual Insurance Group, has promoted Mike Gosselin to the role of chief underwriting officer (CUO) for specialty.   9 February 2016
Insurance
Dual, the underwriting arm of the Hyperion Insurance Group, has opened its first Netherlands office to write marine and energy business.   14 April 2015
Insurance
The re/insurance markets remain cyclical, with the industry operating on the very margins of profitability, a big catastrophic loss would adjust the balance of capital and underwriting opportunity, Alex Maloney, group chief executive of Lancashire, said in the company’s annual report.   14 March 2017
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Jardine Lloyd Thompson Group (JLT) has formally launched JLT Towers Re, following its acquisition of Towers Watson's reinsurance broking business.   6 November 2013
Insurance
Ironshore’s Pembroke Managing Agency has enhanced its directors and officers liability product for financial institutions to reflect changes to UK regulations.   8 April 2016
Insurance
Bermuda-based Validus Holdings recorded a sharp drop in net income on lower underwriting income and a deteriorating combined ratio.   27 April 2017

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