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Bermuda-based RenaissanceRe has appointed James Gibbons as non-executive chair of its board of directors. 17 November 2015
Insurance
In the current challenging soft market and low interest rate environment, large re/insurance companies are in an advantageous position as they can better absorb the pressure and find alternative income sources. Search for scale is therefore likely to drive M&A activity in the coming years, Intelligent Insurer reports. 6 October 2016
Alternative Risk Transfer
Western European insurers are exploring changes to their investment mixes, but strategic asset allocations have remained broadly stable in the past years, according to an analysis of 40 rated insurance groups by S&P Global Ratings. 3 August 2016
Insurance
The chief executive officer (CEO) of Zurich has said he is not “satisfied” with the insurer’s earnings, as profits and gross written premiums fell. 12 February 2015
News
Maiden Holdings, the Bermuda-based holding company, has posted an increase in its net income for 2015 to $100.1 million, compared with $77.1 million in 2014. 24 February 2016
Insurance
US insurance broker Brown & Brown has reported a 3 percent growth in its revenues for the fourth quarter of 2015, compared with the same period a year earlier. Its revenues for the full year 2015 also increased by 5.6 percent. 26 January 2016
News
RSG Transactional Risks Europe is the new brand for RSG’s successful transactional risk insurance business which has recently opened an office in continental Europe. Here, its business leaders discuss their strategy to expand its reach and product range with Intelligent Insurer. 16 October 2019
Insurance
When she took the reins in January 2014, Lloyd’s CEO Inga Beale became the first woman to head the 330-year old market for specialist insurance in London. She is stepping down while the modernisation process is very much a work in progress – a decision she has called tough – though most market participants credit her with having moved the market forward in a positive direction. 29 June 2018
News
Chesterfield Financial Holdings, a subsidiary of Reinsurance Group of America (RGA), has completed a substantial securitisation of US life insurance embedded value policies. 17 December 2014
Insurance
Support services provider Advent Insurance Management has established a nationwide US presence through a joint venture with claims adjuster AmeriClaim. 20 August 2015
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