Denis Kessler, the chief executive of SCOR, says that, while he might not agree with every element of the proposed Solvency II regulation, it must go ahead.
The global market for mutual insurers is growing, according to Shaun Tarbuck, chief executive of the International Cooperative and Mutual Insurance Federation.
Swiss Re has announced the departure of David Blumer, the firm’s current chief investment officer.
Severe drought conditions in the Midwest United States are expected to cause $40 million of crop reinsurance related losses and loss expenses for Allied World Assurance Company (AWAC) in the third quarter of 2012.
Third Point Reinsurance and Hiscox Bermuda have announced their partnership in the development of a catastrophe reinsurance fund management business.
Travelers has appointed Matthew Wilson as its chief operating officer for Europe.
Third Point Reinsurance and Hiscox Bermuda will partner in the development of a new fund management business dedicated to catastrophe reinsurance business.
Taussig Capital, a hedge fund consultancy, has launched an outsourcing platform to enable small hedge funds to raise capital through reinsurance vehicles.
Ryan Specialty Group has acquired the assets and operations of Atlantic Star Intermediaries, through its wholesale arm, RT Specialty.
Executives at OmanRe have said that they are planning an IPO within the next years.