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Reshuffle at RSA as it refocuses commercial business
News
UK-based RSA Group has unveiled plans to refocus some of its commercial activities while bringing new talent onboard, in a move it hopes will result in growth and development of its CRS and GRS segments.   25 January 2019
Everest expects $695m nat cat loss from Q4 2018
Insurance
Bermuda-based Everest Re Group is expecting to incur fourth quarter 2018 catastrophe losses of $695 million, net of reinsurance, reinstatement premiums and taxes.   25 January 2019
Allianz's Pimco unveils new P&C ILS business under Pagnani
News
Pimco, the US-based asset management subsidiary of insurer Allianz, has launched a new property and casualty insurance-linked securities (ILS) business.   25 January 2019
News
Bermuda-based Langhorne Re, a global reinsurer targeting large in-force life and annuity blocks, has hired Marvin Pestcoe as its new executive chair and chief executive officer (CEO) from PartnerRe.   25 January 2019
Insurance
Large-scale group litigation resulting from mass data breaches is just one of a number of growing legal risks for the insurance sector in 2019, according to law firm RPC in its 2019 Annual Insurance Review.   25 January 2019
News
Increasing claims severity, social inflation and instances of adverse reserve development are now hurting carriers and point to a market in transition, according to a new report by JLT Re called ‘Uncharted Territory at its Market Prospective Event’.   25 January 2019
News
Qatar Re is seeking a new chief executive after Gunther Saacke revealed he will step down from the role at the company’s next board meeting, scheduled for March, and leave the company later this year.   25 January 2019
Insurance
Ryan Specialty Group is to acquire Boston Insurance Specialists (BIS), an independently owned wholesale insurance brokerage with offices in Mansfield and Westfield, Massachusetts.   25 January 2019
Insurance
MarketScout, the electronic insurance exchange and specialty managing general agent (MGA) in the US, has launched a new MGA facility specifically designed to offer additional capacity to cover wildfire risk.   25 January 2019
Insurance
Aon's Reinsurance Solutions has appointed Colin Dutkiewicz to a newly created role, global head of life.   24 January 2019

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