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AM Best forecasts more M&As in Commonwealth Independent States
News
Insurers working across the Commonwealth Independent States (CIS) of former Soviet Russia can expect to see further consolidation in their sector, according to the latest special report from AM Best.   29 January 2019
Terra Brasis Re renews $5m cat bond deal with AIG's AlphaCat
News
AIG's insurance-linked securities (ILS) unit AlphaCat Managers has completed a $5 million private catastrophe bond transaction with Brazilian reinsurer Terra Brasis Re.   28 January 2019
EC3 Brokers hires JLT exec to drive growth in Middle East via Dubai
Insurance
London-based EC3 Brokers has launched a new venture from the Dubai International Finance Centre from which it will target growth in the Middle East and Africa and hired an executive from JLT Re to lead this process.   28 January 2019
Insurance
Huge challenges around a post-Brexit transition still lie ahead for Lloyd’s, Hayley Spink, Brexit programme director at Lloyd’s of London, told delegates at the Fitch Ratings Insurance Roadshow in London.   25 January 2019
News
UK-based RSA Group has unveiled plans to refocus some of its commercial activities while bringing new talent onboard, in a move it hopes will result in growth and development of its CRS and GRS segments.   25 January 2019
News
Pimco, the US-based asset management subsidiary of insurer Allianz, has launched a new property and casualty insurance-linked securities (ILS) business.   25 January 2019
News
Increasing claims severity, social inflation and instances of adverse reserve development are now hurting carriers and point to a market in transition, according to a new report by JLT Re called ‘Uncharted Territory at its Market Prospective Event’.   25 January 2019
News
Qatar Re is seeking a new chief executive after Gunther Saacke revealed he will step down from the role at the company’s next board meeting, scheduled for March, and leave the company later this year.   25 January 2019
Insurance
Ryan Specialty Group is to acquire Boston Insurance Specialists (BIS), an independently owned wholesale insurance brokerage with offices in Mansfield and Westfield, Massachusetts.   25 January 2019
Insurance
Driverless cars seem destined to redefine the landscape for motor re/insurers—the only question is how quickly. Intelligent Insurer assessed the views of insurance executives in an online survey.   24 January 2019

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