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Munich Re to acquire US weather risks specialist

Europe04-09-2013Reinsurance News

Munich Re will acquire RenaissanceRe’s weather and weather-related energy risk management unit, RenRe Energy Advisors (REAL).

Climate change means flooding is a growing risk

04-09-2013Insurance news, Reinsurance News

Flooding caused by rising sea levels linked to climate change will become a significant threat to society in the future causing great challenges around risk management, according to a report by Guy Carpenter which an analyses the evolving risk landscape spurred by global warming.

Reinsurance capital grows amid changing landscape

04-09-2013Alternative Risk Transfer News, Reinsurance News

Global reinsurance capital totalled $510 billion at June 30, 2013, an increase of 1 percent ($5 billion) relative to December 31, 2012, according to Aon Benfield in the latest edition of its Aon Benfield Aggregate (ABA) report, which analyses the financial results of the world’s leading reinsurers in the first half of 2013.

Canopius appoints group head of HR

03-09-2013Insurance news

Canopius Group has appointed Barbara Turner as group head of Human Resources. She takes up her new position with immediate effect.

Barbican strengthens property team

Europe03-09-2013Insurance news

Barbican Group Holdings has appointed David Slade as an underwriting manager within the firm’s property division. He will report to James Winn, active underwriter, Syndicate 6113.

Guy Carpenter appoints chief operating officer

02-09-2013Insurance news

Guy Carpenter has appointed Barbara Bufkin as chief operating officer for Guy Carpenter’s Global Strategic Advisory Group.

Pool Re appoints Lloyd’s veteran as CEO

Europe, UK02-09-2013Reinsurance News

Julian Enoizi has been appointed chief executive of UK government-backed terrorism reinsurer Pool Re. Formerly the managing director of Lloyd’s insurer ProSight Specialty Underwriters, he takes over from Steve Atkins, who has decided to retire after 13 years in the position.

Old Mutual appoints non-executive director

30-08-2013Capital Management News

Investment and banking group, Old Mutual, has appointed Dr Nkosana Moyo to its board as an independent non-executive director. He will also become a member of the Board Risk and Nomination Committees.

XL Group appoints client distribution leader

North America29-08-2013Insurance news

Karen Quintana has been appointed as vice president and client distribution leader for XL Group’s North America Distribution and Network team in San Francisco. Quintana will report to Frank Soldano, XL Group’s regional leader – west.

Optimum Re appoints executive vice president

North America29-08-2013Reinsurance News

American life reinsurer, Optimum Re Insurance Company (ORIC) has appointed Gordon Gibbins as executive vice president, development

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