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Alternative Risk Transfer
The big four reinsurance companies in Europe—Munich Re, Swiss Re, Hannover Re and SCOR—have a bright future in the market, according to Stefan Holzberger, managing director of analytics in Europe, Middle East and Africa at AM Best. 20 October 2014
article
Fairfax Financial Holdings, the holding company which engages in property and casualty insurance and reinsurance through its subsidiaries, has entered into an agreement with Eurobank, the Greek bank, to acquire an 80 percent interest in Eurolife ERB Insurance Group Holdings for a purchase price of € 316 million. 23 December 2015
Insurance
Financial services company Fairfax has agreed to invest €70 million in Irish insurer FBD through a private placement of a convertible bond instrument. 18 September 2015
Insurance
Swiss Re enjoyed strong growth in the first quarter driven by its L&H Re and in Life Capital units but its profits were effected by a change in US GAAP accounting covering guidance on recognition and measurement of equity investments, which meant it took a $280 million hit to its net profit. 4 May 2018
Insurance
UK law firm EC3\Legal has appointed Cees Schrauwers, the former managing director of Aviva International, as chairman. 20 April 2015
Insurance
Guy Carpenter has appointed James Wrynn as managing director and vice-chair of strategic advisory in the US. 5 May 2015
Insurance
A key driver behind re/insurers’ concerns about cyber is the limited resource of expertise in the market, Luke Foord-Kelcey, co-head of Aon Benfield’s global cyber practice, told Monte Carlo Today. 12 September 2017
Insurance
Novae Group’s pre-tax profits soared in the first half of 2016 to reach record levels for the company in the first half of a year boosted by solid investment returns as a new investment strategy paid dividends. 3 August 2016
Insurance
French insurer AXA has announced that its Asia CEO Jean-Louis Laurent Josi has stepped down from his executive responsibilities and is leaving the company by year-end. 29 June 2017
Insurance
Insurer ACE has received all the regulatory approvals needed to close its acquisition of Chubb, a transaction which will, according to the companies, elevate the business into an elite group of global P&C insurers. 14 January 2016
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