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Swiss Re struggles to find profitable growth opportunities
Insurance
Swiss Re is cutting back its business not only in property/casualty (P&C) but also in its favoured corporate solutions segment as rates reach intolerable levels and waits for the operating environment to improve.   24 February 2017
News
Guy Carpenter, the global risk and reinsurance specialist and a wholly owned subsidiary of Marsh & McLennan Companies, has appointed Matthias Meyenhofer as managing director, Guy Carpenter.   5 January 2016
News
Bermuda-based Endurance Specialty Holdings has announced that Jerome Faure will join the company on March 11 as CEO of global reinsurance. He will be responsible for Endurance’s North America, Bermuda and international reinsurance operations. Most recently, Faure was a partner in ILS Capital Management in Bermuda focused on insurance linked securities, industry loss warranties and collateralized reinsurance. Prior to that, he served as director and chief underwriting officer for Tokio Millennium Re. He started his career at Scor.   27 February 2013
Insurance
The Dive In Festival has been a catalyst for positive change by giving the insurance industry the tools, inspiration and advice for best practice in inclusive workplace cultures, says Pauline Miller, head of talent development and inclusion at Lloyd’s, who is the central coordinator of the Dive In Festival.   12 December 2019
Insurance
Malta-based Building Block Insurance (BBI) is expanding its footprint into Europe after signing an agreement with Spanish broker Slora to sell gadget insurance.   10 April 2017
Insurance
Kennedys, a law firms specialising in re/insurance, has opened offices in Brazil and Peru as part of its expansion in Latin America.   19 July 2016
Insurance
Castel Underwriting Agencies, a managing general agent (MGA) formation platform, has expanded its specialty portfolio with the launch of a global construction division.   20 July 2017
Insurance
Universal Insurance Holdings (UVE) has sold 583,771 shares of common stock to RenaissanceRe Ventures, a subsidiary of RenaissanceRe in a private placement.   29 April 2016
Insurance
Private reinsurers should be far more exposed to a Hurricane Irma loss event than the primary insurers, according to a Sept. 5 Credit Suisse equity research note.   6 September 2017
Insurance
Ryan Specialty Group (RSG) has acquired the Nordic operations of Navigators for an undisclosed amount, and the regional offices associated with the deal renamed RSG Sweden and RSG Denmark.   4 January 2017

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