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WR Berkley Corporation has announced the formation of Berkley Insurance Asia. 12 May 2016
Insurance
Munich Re incurred a net loss of €1.4 billion in the third quarter of 2017 due to the impact of natural catastrophes in North America but expects “significant” market recovery. 9 November 2017
Insurance
Zurich Insurance Group posted a steady set of results for the first nine months of the year but said that it anticipated improvements in pricing now on the back of the recent heavy cat losses in North America. 9 November 2017
Insurance
The insurance industry opposes ideas put forward in a European Commission consultation to either transfer some conduct of business powers from the European Insurance and Occupational Pensions Authority (EIOPA) to the European Securities and Markets Authority and/or to merge EIOPA with the European Banking Authority. 17 May 2017
Insurance
Arthur J. Gallagher (AJG) has built a new collective identity for its UK managing general agencies to build on the creation of a single MGA operating model established earlier this year. 21 August 2014
Insurance
AmTrust Financial Services has posted a prior year adverse reserve development of $326.9 million on a pre-tax basis for the third quarter ended September 30, 2017. 7 November 2017
News
JLT has expanded its Latin American presence by establishing JLT Re Argentina based in Buenos Aires, The new venture will be headed by Matias Rosales, formerly general manager of Cooper Gay Argentina. 7 March 2014
Alternative Risk Transfer
Germany’s Hannover Re said on July 12 that it completed three transactions as part of its insurance-linked securities (ILS) activities. 12 July 2017
News
Reinsurance broker Guy Carpenter & Company, a wholly owned subsidiary of Marsh & McLennan Companies, has launched a new unit offering dedicated retrocession services to clients in the Asia Pacific region. 29 June 2017
Insurance
New Zealand-based credit and financial risk re/insurer CBL Corporation is set to acquire US insurer Affirmative Direct Insurance Company for $5.7 million. 27 March 2017
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