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Insurance
Typhoon Nepartak, which formed to the south of Guam, has rapidly strengthened, according to catastrophe modeling firm AIR Worldwide. 8 July 2016
Insurance
Berkshire Hathaway’s $9.8 billion retroactive reinsurance deal with American International Group’s (AIG), revealed last week, is big enough to potentially jeopardize an underwriting profit in Warren Buffett’s reinsurer’s P&C operations for the first time. 26 January 2017
Insurance
State Insurance, a New Zealand subsidiary of Insurance Australia Group (IAG), is consulting with employees on proposals that could see the closure of the bulk of its branch network. 29 September 2014
News
Emerging liability requirements as a result of international investors’ involvement in many of the large Latin American businesses is accelerating claims consciousness in the region, says John Blake, managing partner of Hemispheric Reinsurance Group. 27 October 2015
Insurance
Run-off acquirer Catalina Holdings has entered into a definitive agreement with NationsBuilders Insurance Company (NBIC) to transfer a portfolio of US residential construction liabilities. 26 June 2014
News
Carsten Prussog, currently head of reinsurance development at Munich Re, will become president of the specialty markets division of Munich Re's US property/casualty reinsurance subsidiary, Munich Re America. 6 June 2013
Insurance
David Bruce, the active underwriter of the Acappella syndicate 2014, which was formed by Pembroke Management Agency last year, has resigned. 26 September 2014
Alternative Risk Transfer
In a post-Solvency II world and against the backdrop of the UK’s leaving the EU, Malta can offer companies a robust regulatory regime, access to Europe and innovative structures such as protected cell companies and ILS, Penny Hudson at Artex Risk Solutions tells Monte Carlo Today. 12 September 2016
Insurance
ACE has launched a new business to provide commercial property insurance on an excess basis, targeting large companies in the Asia Pacific region. 30 March 2015
Insurance
As more reinsurers seek diversification, some are discovering the fast-growing market of longevity risk, with rising demand and risks that complement their existing portfolios, Paul Eaton, business development director, Artex Risk Solutions, tells Monte Carlo Today. 11 September 2016
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