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German insurer Allianz has entered into agreements to purchase all outstanding shares of trade credit insurer Euler Hermes that it does not already own. 27 November 2017
Insurance
The re/insurance industry loss from ex-hurricane Ophelia is estimated at €60 million, according to the Zurich-based catastrophe insurance data provider PERILS. 27 November 2017
Insurance
The marine, energy and aviation markets have allowed themselves to slip into low single-digit return on equities, and must push back on rates to return to double digits, Adrian Poxon, executive vice president and head of global specialty reinsurance at Sompo International, told Baden-Baden Today. 24 October 2017
News
Researchers quizzed cedants on which reinsurers they rate the highest, based on a variety of criteria. The following tables show the most highly regarded reinsurers in Latin America on this basis. 27 October 2015
Insurance
Specialty re/insurer Lancashire Holdings reported a net loss of $139.0 million for the third quarter compared to a net profit of $40.1 million in the same period a year ago. 2 November 2017
Insurance
The Schinnerer Group, underwriting managers of specialty insurance programmes, has entered into an agreement to acquire US-based International Catastrophe Insurance Managers (ICAT), an underwriter at Lloyd's, from the Paraline Group. 11 August 2017
Alternative Risk Transfer
Forecasters are predicting a higher likelihood of an above-normal hurricane season for 2017, and they increased the predicted number of named storms and major hurricanes, according to the National Oceanic and Atmospheric Administration (NOAA). 11 August 2017
Insurance
Alesco Risk Management Services, a specialist insurance and risk management broker, is expanded its energy division with the appointment of Bob Choppen, formerly deputy managing director of energy at Willis Towers Watson. 11 August 2017
Insurance
RLI, a specialty insurer serving property/casualty and surety markets, has elected David Duclos to its board of directors for a term expiring at RLI’s next shareholders’ meeting in May 2018, at which time he will stand for re-election. 9 May 2017
article
Lloyd's CEO Inga Beale suggested in a Reuters interview that the plan to create a subsidiary in Brussels may be unravelled. 27 June 2017
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