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Insurance
Third Point Reinsurance posted a record profit for a single quarter in the first quarter of 2019 as its CEO stressed its plans to focus on higher margin business going forward. 13 May 2019
Insurance
Maiden Holdings’ first quarter results were unrecognisable from previous quarters due to the impact of the termination of quota share contracts with AmTrust Reinsurance and the non-renewal of some large European deals. 13 May 2019
Insurance
Re/insurance broker Aon is merging its global managing general agents (MGA) & programme solutions and global portfolio broking teams into a single unit within its UK reinsurance solutions business, in a move it hopes will enhance its growth opportunities. 13 May 2019
Insurance
Robert Bredahl has resigned from his position as the chief executive officer (CEO) of Bermuda-based reinsurer Third Point Re with immediate effect. He has been replaced by Daniel Malloy, currently CEO of the company's main operating subsidiary, on an interim basis. 10 May 2019
Insurance
Reinsurance broker Guy Carpenter has made a series of international leadership appointments to facilitate the integration of JLT Re and execute an effective structure to help drive profitable growth in the future. 10 May 2019
Alternative Risk Transfer
Hong Kong-based global reinsurer Peak Re has reported its sixth consecutive year of stable growth in 2018 despite what it called a “challenging environment”. 10 May 2019
Insurance
Former JLT Re chairman Ross Howard is to retire from his new role at reinsurance broker Guy Carpenter after more than 40 years of leadership in the reinsurance business. 10 May 2019
Insurance
Specialist insurance and reinsurance market Lloyd’s is investing in artificial intelligence start-up Layr, a cloud-based commercial insurance platform for small businesses, following the launch of its second cohort of insurtech innovators. 10 May 2019
Alternative Risk Transfer
Allianz Global Corporate & Specialty (AGCS) has made key leadership changes targeting expansion in the alternative risk transfer (ART) space. The move follows the division of ART line of business into two specialist teams. 9 May 2019
Insurance
Arcus Syndicate 1856, which is managed by Barbican Managing Agency, has appointed Nick James as underwriting manager for North America property treaty. 9 May 2019
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