News

Insurance

Pool Re invests £10m in new UK government terrorism information platform

The UK's Minister of State for Security Ben Wallace has unveiled a new initiative in partnership with the terrorism mutual reinsurer Pool Re to help improve business continuity and resilience in the event of a terrorist attack.   7 March 2019

Insurance

Hannover Re adds Silke Sehm to executive board

Hannover Re has appointed Silke Sehm to its executive board, in addition to changes in the responsibilities for property and casualty reinsurance.   7 March 2019

Insurance

Allianz bolsters North American marine leadership with global expert

Allianz Group’s specialist corporate insurer Allianz Global Corporate & Specialty (AGCS) has appointed a new regional head of hull and marine liabilities (HML) in North America.   7 March 2019

Insurance

Munich Re leads Pool Re's £2.3bn terrorism retrocession placement

UK government-backed terrorism mutual reinsurer Pool Re has completed a £2.3 billion terrorism retrocession placement led by Munich Re.   1 March 2019

Alternative Risk Transfer

Markel CatCo board recommends run-off as future in question

The future of Markel CatCo looked less certain today as the company’s board said it would “recommend an orderly run-off” of the firm's portfolios.   1 March 2019

Alternative Risk Transfer

UnipolSai places €45m Atmos Re cat bond structured by Willis Towers Watson

UnipolSai Assicurazioni, one of the biggest insurers in Italy, has placed a €45 million catastrophe bond providing it with protection against perils in Italy including atmospheric phenomena, snow pressure and flood risks (including Vatican City and San Marino Republic).   1 March 2019

Insurance

Allianz appoints Hans-Joerg Mauthe as new AGCS Central & Eastern Europe CEO

Germany's Allianz has appointed Hans-Joerg Mauthe as regional CEO, Central & Eastern Europe (CEE), of its commercial insurance arm Allianz Global Corporate & Specialty (AGCS).   1 March 2019

Insurance

Allianz hires AIG's Claudia Salem as new CEO of property/casualty in Asia

Allianz has appointed Claudia Salem as its new chief executive officer, property & casualty for Asia Pacific.   1 March 2019

Insurance

TigerRisk recruits JLT Re's Florida market reinsurance expert David Unsworth

Reinsurance broking and risk/capital management firm TigerRisk Partners has hired a Florida market reinsurance veteran from Jardine Lloyd Thompson Group (JLT).   1 March 2019

Insurance

Cincinnati closes £102m acquisition of Munich Re subsidiary MSP Underwriting

Cincinnati Financial Corporation has completed the acquisition of MSP Underwriting from Munich Re. The all-cash transaction values £102 million.   1 March 2019

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