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Insurance
Bermuda-based specialty re/insurer Lancashire Holdings has decided against paying a special dividend in 2017 and instead to deploy the capital in a hardening market but analysts commented that the company also faces higher retrocession rates, Bernstein analysts wrote in a note. 6 November 2017
Insurance
Bermuda-based re/insurer AXIS Capital Holdings has appointed Helen O’Sullivan as the CEO of AXIS Specialty Europe and AXIS Re. 18 September 2018
Insurance
Specialty insurance brokerage and investment banking business CAC Specialty, a part of US risk management and insurance brokerage Cobbs Allen, has launched a new financial sponsors group (FSG) to bring together seven of its specialties. 4 October 2019
Insurance
The Tropical Storm Risk (TSR) agency is forecasting 12 named storms, 5 hurricanes and 2 major (Category 3+) hurricanes between the months of June and November in its April forecast for the 2019 Atlantic Hurricane Season. 8 April 2019
Insurance
Munich Re's primary insurance unit ERGO Group is selling its life, non-life and composite portfolios in Hungary and Slovakia to Italian insurer Generali as part of its international business optimisation strategy. 8 April 2019
Insurance
UK government-backed terrorism reinsurer Pool Re has placed its new retrocession programme covering non-damage business interruption (NDBI) losses. 8 July 2019
Insurance
Liberty Specialty Markets (LSM), part of Liberty Mutual Insurance Group, has appointed Lewis Edwards to the newly created role of head of underwriting, delegated authority for specialty lines. 14 September 2018
Insurance
Broker Gallagher has acquired a controlling interest in Purple Bridge Group, the holding company of UK specialist property insurance provider Vasek Insurance Services. 7 November 2018
Insurance
Swiss Re Corporate Solutions, the commercial insurance arm of Swiss Re Group, has appointed Michael LaRocca as head property & specialty lines North America. 6 November 2018
News
African Reinsurance Corporation grew gross written premium by 26.3 percent year on year to $211.1 million in the first quarter of 2018 driven by “successful” January renewals combined with a “slight hardening” in the South African reinsurance market. 21 May 2018
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