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Greenlight Re CEO Burton bemoans 'weak' 2018 performance as losses continue
Insurance
Hedge fund-backed Greenlight Re's CEO Simon Burton admitted "weak" performance in 2018 as the reinsurer posted a loss in both its fourth quarter 2018 and full year results, but remains optimistic about the company's positioning and its value-investing strategy.   28 February 2019
Insurance
Bermudian Endurance Specialty has appointed Adrian Poxon to launch a global marine and energy reinsurance business.   6 August 2014
Germany to extend UK insurers passporting rights in event of no deal Brexit
Insurance
As the clock ticks down on Brexit, Germany has adopted a provision to extend passporting rights for UK insurers if there is no deal.   27 February 2019
Alternative Risk Transfer
Some of the bigger ILS funds are well down the road towards securing ratings—a move that will see them complete their journey from nimble newcomers to occupying a central ground and competing with traditional players on their own turf. This could be a game-changer for the market, as Intelligent Insurer reports.   23 July 2018
News
French reinsurer SCOR wants to grow its property/casualty portfolio in the US, particularly casualty business. But, stung by the mistakes of the past, it is proceeding with caution, Victor Peignet, CEO of SCOR Global P&C, told Intelligent Insurer.   19 February 2018
Insurance
Lincoln Financial Group has introduced online chat capabilities called ‘Ask Abe’ that are able to help customers with instructions for completing common, simple transactions such as changing a beneficiary or obtaining a copy of a policy.   20 June 2018
Insurance
US-based commercial insurance provider CNA has created a new, centralised affinity programmes unit within CNA Specialty to build on the company's expertise in affinity and delegated underwriting programmes.   15 June 2017
Insurance
HDI Global UK, the industrial insurer of the Talanx group, has hired Allianz's Jon Bartlett as director of property to bolster its property underwriting lines and drive international business.   16 July 2018
Insurance
Some 3,200 deals transacted globally in 2018 using W&I insurance.   18 November 2019
Insurance
The 30-day “go-shop” period in which the Navigators Group was seeking alternative acquisition offers has expired on Sept. 21 without a submission of a more attractive alternative to the one from The Hartford Financial Services Group.   26 September 2018

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