News
Insurance
Charles Taylor Managing Agency (CTMA) has appointed Colin Grint as chief executive officer. He will join CTMA later in 2018 from Capita Managing Agency. 17 July 2018
Insurance
Specialty insurance and risk management solutions provider Ryan Specialty Group has completed the acquisition of the assets and operations of wholesale insurance brokerage Oxford Insurance Services, according to a Nov. 1 statement. 1 November 2017
Alternative Risk Transfer
New risk transfer products using structures underpinned by the capital markets and particularly the insurance-linked securities (ILS) community have represented the industry’s key source of innovation in recent years, Brian Secrett, chief underwriting officer at Tokio Millennium Re (TMR), told Baden-Baden Today. 24 October 2018
Insurance
E+S Rückversicherung, a subsidiary of Hannover Re which writes German reinsurance business, said it expects positive premium development in the German market for the upcoming round of treaty renewals at January 1, 2019, albeit at a somewhat more muted pace than in the previous year. 24 October 2018
Insurance
RSA Insurance Group has received licence approval for its new insurance subsidiary in Luxembourg from the regulator Commissariat aux Assurances (CAA). 5 June 2018
News
SCOR Global P&C will be organised around three business units plus transverse functions, which will all cooperate for clients’ benefit, according to a corporate presentation. 5 September 2018
Insurance
HSB Engineering Insurance (HSB), part of Munich Re, has launched HSB machinery and technology insurance, its combined equipment breakdown, deterioration of stock and loss of income policy. 11 May 2016
Insurance
Bermuda specialty re/insurer Sompo International Holdings has unveiled a new subsidiary in Luxembourg, which will cover business written in Continental Europe and have branches in Belgium, France, Germany, Italy, Spain and the UK. 4 September 2018
Alternative Risk Transfer
The Federal Emergency Management Agency (FEMA) has secured $500 million in reinsurance for its National Flood Insurance Program (NFIP) through capital markets. 1 August 2018
Insurance
Re/insurer XL Catlin has appointed Donnacha Smyth as president and Carla Greaves as new chief underwriting officer (CUO) of its global excess casualty insurance division. 5 June 2018
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