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Insurance
Re/insurer QBE has appointed Constanza Gállegos as head of distribution for Continental Europe.   6 July 2017
Brit chairman to become Aspen CEO
Insurance
Brit’s executive chairman Mark Cloutier is stepping down from his role in December 2018 with a view to becoming Aspen CEO.   1 October 2018
Higher interest rates are no silver bullet
Insurance
Rising interest rates won’t, on their own, improve reinsurers’ operational earnings, and that they will is a common myth that needs to be dispelled—or at least better understood—by the industry, Stuart Shipperlee, head of analysis at Litmus Analysis, told Baden-Baden Today.   22 October 2018
Alternative Risk Transfer
Parametric cat bonds can help the countries of South Eastern Europe, Central Asia, the Caucasus, and the Commonwealth of Independent States as well as Turkey (ECIS) close the protection gap associated with natural catastrophe risk, Kirill Savrassov, chief executive officer of Phoenix CRetro, a niche Bermudian ILS specialist, told Baden-Baden Today.   22 October 2018
Insurance
Bermuda-based Third Point Reinsurance has announced that John Berger, chairman of the board of directors, will be stepping down at the end of the term.   9 November 2017
Insurance
California is set to prohibit insurers to cancel or refuse to renew a policy based solely on the fact that the insured structure is located in the area of a declared state of emergency and forces insurers to hand over fire-related data to authorities.   30 August 2018
Insurance
Swiss Re is acquiring 1.1 million life insurance policies from UK financial service provider Legal & General Group for £650 million.   6 December 2017
Insurance
Hyperion Insurance Group has purchased a controlling interest in the Asia and EMEA arms of International Planning Group (IPG), an Asian life insurance broker serving high-net-worth individuals and businesses.   7 June 2018
Insurance
RSA Insurance Group is planning to set up a new subsidiary entity in Luxembourg as the headquarters of its existing EU branches in Belgium, France, Germany, Spain and the Netherlands.   5 June 2017
Insurance
Managing general agents (MGA) showed optimism about the sector’s growth potential in the latest MGAA Matters survey conducted by the Managing General Agents’ Association (MGAA) with over 57 percent saying they expected the number of specialist and niche MGAs would increase.   18 July 2018

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