Articles
Insurance
Re/insurers need to work with governments and the security services to close the 'information gap' in the market around terrorism and its constantly changing threat, claimed Pool Re, the UK government-backed terrorism insurer, in its latest report on the subject. 10 February 2017
Insurance
While Hannover Re has increased its growth and profit targets for 2017, Munich Re has suggested that it will earn less in 2017 than in 2016. However, the impression that Hannover Re is in better shape than its German competitor may be deceiving. 9 February 2017
Insurance
Bermuda-based Aspen Insurance Holdings has appointed Matthew Botein to its board of directors. He also joins the board's investment committee. 9 February 2017
Insurance
Reinsurance broker Aon Benfield has appointed Jeremy Goodman as global head of broking strategies. 8 February 2017
Insurance
Global Risk Partners (GRP), a private-equity-backed investment vehicle aimed at brokers and managing general agents (MGAs), has acquired Higos Insurance Services, a commercial and personal lines insurance broker. 8 February 2017
News
Bermuda legacy specialist Enstar has entered an agreement to reinsure RSA Insurance Group's UK liability legacy business of approximately £957 million. 8 February 2017
Insurance
General insurer RSA has restructured its specialty business with a new global risk solutions (GRS) operating model, and named division heads. 8 February 2017
Insurance
Munich Re believes that its business model will in the future rely increasingly on fee income and less on premium income, CFO Jörg Schneider suggested during a Feb. 7 press conference. 7 February 2017
News
The risk of extremist groups using chemical agents has increased dramatically partly due to the military defeat of Daesh in Iraq and Syria forming the group and its ideology move into ungoverned spaces, particularly the dark web, according to a new report release by Pool Re, the UK’s terrorism reinsurance pool. 7 February 2017
Insurance
In what represents an important step forward for the insurance-linked securities (ILS) markets, AlphaCat Managers, the ILS investment adviser that is a subsidiary of Validus Holdings, has completed the first catastrophe bond to cover risks from Latin America. 7 February 2017
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