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ILS supply leads to rate ceiling
Alternative Risk Transfer
There will not be a significant movement in rates for the reinsurance industry at the end of year renewals, Ed Hochberg, chief executive officer of JLT Re in North America, told PCI Today.   28 October 2018
Insurance
The chairman of Barbican Managing Agency (BMA), Jeremy Soames, has stepped down after five years in the role.   27 March 2015
Insurance
Re/insurance firm Endurance Specialty Holdings has reported an increase in its net income for the first quarter of 2016 – up to $106.4 million, compared with a net income of $100.3 million for the first quarter of 2015.   3 May 2016
Insurance
Barbican Insurance Group has established a Special Purpose Syndicate (SPS) which will commence as of January 1, 2015.   19 December 2014
Insurance
BMS Canada Risk Services, the Canadian arm of broker BMS Group, has rebranded and launched specialist managing general agency (MGA) Lions Gate Underwriting.   24 June 2015
Insurance
Flood Re, the UK Government’s scheme to pool flood risk, has invited insurers, brokers and software firms to test their processes for the reinsurance scheme before its launch in April 2016.   17 August 2015
Alternative Risk Transfer
The outlook for the non-life reinsurance sector is improving as prices are expected to rebound in 2019 following the sector’s second consecutive year of above-average losses.   15 January 2019
News
RenaissanceRe Holdings (RenRe) has reported a net income of $128 million in the first quarter of 2016, down from a net income of $167.8 million in the first quarter of 2015.   27 April 2016
Insurance
Marsh has appointed Mike Canniffe as UK affinity leader and Paul Kershaw as placement and proposition leader in its UK consumer and commercial practice.   22 August 2014
Alternative Risk Transfer
Aon Securities has just published its annual ILS report: Alternative Capital Breaks New Boundaries. Paul Schultz, its chief executive, tells Monte Carlo Today about the key developments during what has been a record year for ILS.   11 September 2017

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