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Alesco and Africa Re seek $3.5bn Lloyd’s capacity for Equatorial Guinea upstream energy risk

Africa20-03-2019Insurance news, Reinsurance News

Broker Alesco Risk Management Services and Africa Re have launched a $3.5 billion reinsurance facility designed to cover all international upstream energy insurance programmes written from Equatorial Guinea.

Chaucer appoints China Re P&C exec Dr Zuo Huiqiang as new non exec

China20-03-2019Insurance news, Property cat, Reinsurance News, Specialty

Specialty re/insurer Chaucer has appointed Dr Zuo Huiqiang, the deputy general manager of China Re P&C, as a non-executive director of Chaucer Syndicates, the group’s Lloyd’s managing agency.

Arch Insurance invests in UK insurtech MGA Archipelago Risk Services

UK20-03-2019Insurance news, Reinsurance News

Arch Insurance International has invested in Archipelago Risk Services (Archipelago), a personal lines managing general agency backed with underwriting capacity from Arch Insurance (UK).

R&Q’s Accredited secures upgrade from AM Best

North America20-03-2019Casualty, Insurance news, Reinsurance News

Accredited Surety & Casualty Company, the Florida-headquartered US insurer owned by Randall & Quilter Investment Holdings, has had its group rating upgraded by AM Best from VII to VIII.

Loss estimate for December 2018 Sydney hailstorms lowered: PERILS

Australia20-03-2019Insurance news, Property cat, Reinsurance News

The December 2018 Sydney hailstorms will cost the industry some A$633 million, according to PERILS in its second loss estimate for the catastrophe.

Munich Re unveils ‘ambitious’ group profit target of €2.5bn for 2019

Germany, Global20-03-2019Insurance news, Reinsurance News

In its 2019 outlook, Munich Re has unveiled a group profit target of around €2.5bn, saying the reinsurer is “on track” to achieve this.

SCOR unveils round of promotions as Blanc and Conoscente take new roles

Asia Pacific, Global, North America20-03-2019Insurance news, Property cat, Reinsurance News, Specialty

SCOR has made five appointments including CEO posts, as part of a senior reshuffle that will start coming into effective from 1 April 2019.

AGCS rejigs board role for Mai and appoints Sepp

Africa, Europe, Global19-03-2019Insurance news, Reinsurance News

Global business insurer Allianz Global Corporate & Specialty (AGCS) has rejigged board level roles and senior leadership responsibilities.

Markel: ILS represents ‘strategic pillar’ despite CATCo challenges

Global, North America19-03-2019Insurance news, Reinsurance News

Markel said it is “incredibly optimistic” about the future of its insurance linked securities (ILS) business despite ongoing investigations into recorded loss reserves at CATCo and its subsidiaries.

Chaucer partners with marine insurtech Concirrus to enhance underwriting

Global, UK19-03-2019Insurance news, Reinsurance News

Specialty international re/insurer group Chaucer has partnered with marine insurtech firm Concirrus to enhance its underwriting and add value for clients.

Showing 1 to 10 of 7509 results

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