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Against a backdrop of unrelenting market pressures on reinsurers, including an elongated soft market and increased competition for business on all fronts, Mark O’Riordan, head of group reinsurance at Ecclesiastical, is seeking stability and long-term relationships. 11 September 2016
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
Insurance
American International Group (AIG) has announced it has taken a number steps to streamline its businesses narrow focus, improve financial performance and return capital to shareholders. 24 November 2015
Insurance
Modernising the London Market is essential if it is to compete with other re/insurance hubs and competitors in the world. But resistance from the front office, where brokers and underwriters may be reluctant to change their behaviour, could threaten the plan’s success. Intelligent Insurer reports. 11 August 2016
News
Peak Reinsurance, the multi-line Hong Kong based reinsurer, has appointed Helen Qian Mei Hong as director for the China market. 18 June 2014
Insurance
Global re/insurance company XL Group is planning to redomesticate its parent holding company’s place of incorporation to Bermuda from Ireland. 29 February 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
XL Group has appointed Richard Jinks to establish a facilities centre of excellence, initially for XL’s international property and casualty (P&C) business. 15 October 2014
Insurance
Zurich Group’s Ken Norgrove has been appointed as CEO of RSA Insurance’s Irish unit following the resignation of Phillip Smith last year. Smith stepped down after the unit was investigated for accounting irregularities. 10 March 2014
Insurance
For aviation insurer Aviabel, the key to success in the LatAm region is sharing its specialist expertise with local firms. Enrique Flores, Aviabel’s head of legal and claims, says this has worked to great effect in Mexico in its partnership with Patria Re and Aviabel’s plan is now to continue its expansion in the LatAm region, mainly by forging similar partnerships. 28 October 2015
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