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JLT Re appoints Bermuda head

Bermuda, North America21-06-2013Reinsurance News

JLT Reinsurance Brokers (JLT Re) has appointed Charles Withers-Clarke as head of its Bermudian operation.

Ironshore appoints chief financial officer

Bermuda, North America21-06-2013Insurance news

Ironshore – the Bermuda-based insurer – has appointed Joe Roberts as chief financial officer.

German flood losses estimated at €4bn

Europe, Germany20-06-2013Insurance news

Catastrophe modelling firm AIR Worldwide estimates insured losses in Germany from the recent floods in central Europe will be between €4 billion and €5.8 billion. The overall economic impact is expected to be much higher. While the worst damage has already occurred, this flood event is ongoing.

Korean Re appoints new chief executive

Asia Pacific19-06-2013Reinsurance News

Korean Re has appointed executive director Jong-Gyu Won as its new chief executive.

European floods make case for pools and cat bonds

Europe19-06-2013Reinsurance News

Insurers and reinsurers are unlikely to be badly hit by the recent floods to hit Central Europe, which could be the worst since 2002. But a number of lessons could be taken from the recent losses, according to AM Best.

Why insurers fail and how to spot them

North America19-06-2013

Poor liquidity, under-pricing, under-reserving, and management and governance issues are among the main recurring issues that have caused, and still are causing, the failure of rated and unrated insurers, according to a report published by Standard & Poor's Ratings Services.

Motives for forming sidecars can be flawed

19-06-2013

The proliferation of the use of sidecars by the reinsurance industry in recent years will almost certainly mean the end of batches of new start-ups forming on the back of market cycles. But some sidecars are also being formed for the wrong reasons.

Big can be beautiful, say survey respondents

Europe, North America19-06-2013Insurance news, Reinsurance News

While innovation and the ability to be responsive to clients’ needs are often highly valued qualities within a rapidly changing reinsurance industry, sheer size and financial strength are also qualities still considered critical by many buyers.

Swiss Re ‘stopped’ 23 deals lacking sustainability criteria

Europe19-06-2013Reinsurance News

Swiss Re has revealed how it ‘stopped’ 23 business transactions going ahead last year because they failed to meet certain criteria around sustainability and corporate responsibility. A further 18 deals were temporarily halted until certain criteria could be met.

CMS appoints reinsurance partner

Europe18-06-2013

Law firm CMS has appointed a new reinsurance partner in London. Simon Kilgour joins from RPC where he is a partner and head of reinsurance.

Showing 17271 to 17280 of 17935 results

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