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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
Against the backdrop of its negotiations with XL Group, Catlin has also announced that it is in talks to sell its stake in Box Innovation Group, a car insurer that fits black boxes to vehicles to set premiums. 18 December 2014
Insurance
The Tianjin explosions that occurred in August should serve as a warning to the re/insurers, according to Gen Re. 9 September 2015
Insurance
Composite rates for both personal and commercial US property and casualty insurance rose by 3 percent in May, according to a report released Thursday by MarketScout, placing both lines between the ‘flat’ to ‘adjusting upward’ categories on MarketScout's barometer. 6 June 2014
Insurance
During 2016 so far the performance of financial assets has been a one-way street, and interest rates remain at all-time lows, so what is an insurance company to do, asks Bill Rotatori, chairman and chief executive officer of NEAM. 19 October 2016
Insurance
Major catastrophic loss events may be uninsurable, according to the most recent Swiss Re sigma report, calling for a government-sponsored back-stop for example in the form of a re/insurer of last resort. 1 March 2017
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
Insurance
Bermuda-based Validus posted a solid set of results for the first quarter of 2015 as it benefited from growth at Validus Re. 1 May 2015
Insurance
A pioneering vehicle widely regarded as one of the first sidecars to be formed to write property-catastrophe reinsurance on a quota share basis is being wound up – a move that will represent a stark reminder to investors of the pitfalls of insurance-linked investments. 6 March 2015
Alternative Risk Transfer
The UK government plans to change regulations to allow insurance linked securities (ILS) to be domiciled in the country. 18 March 2015
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