News

Insurance

Sirius unveils key promotions, new management committee ahead of merger deal

Bermuda-based Sirius International Insurance, a global multi-line re/insurance group, has revealed several key promotions and the formation of a new management committee.   11 September 2018

Insurance

Markel underwriting director to step down from top executive role

Jeremy Brazil, who has overseen Markel International’s underwriting for nearly ten years, is stepping down from his executive role at the end of the year.   14 September 2017

Alternative Risk Transfer

PartnerRe strikes £725m reinsurance deal with PIC

Bermudian PartnerRe has revealed a £725 million longevity reinsurance agreement with UK-based specialist insurer Pension Insurance Corporation (PIC).   23 January 2018

Insurance

PartnerRe sells New York unit to Employers

Bermuda-based PartnerRe is selling its New York-based multi-property and casualty reinsurance unit to Nevada-based Employers Holdings, according to an SEC filing.   17 August 2017

Insurance

Zurich signs £41m capacity deal with Rural; replaces XL Catlin

Zurich Insurance has entered into a new long-term capacity deal with Harrogate-based specialist agricultural insurer Rural Insurance.   10 October 2017

Insurance

Miller hires former Aon exec for UK sports and entertainment team

Re/insurance broker Miller has appointed Jim Rainford in a business production role to further strengthen its sports and entertainment offering in the London insurance market.   20 June 2017

News

Everest Re hires Maxum exec to head US casualty fac

Everest Reinsurance Company (Everest Re) has appointed Darwin Lucas as vice president and head of US casualty programmes for all general casualty and professional liability lines of coverage within the facultative reinsurance division.   16 August 2017

Insurance

Everest Re sees growing reinsurance demand from large cedants

The Everest Re CEO sees demand for reinsurance growing from large insurers driven by consolidation in the sector.   27 April 2018

Insurance

Ex-DARAG CEO unveils new carrier backed by Munich Re

Former DARAG CEO and current SOVAG chairman Arndt Gossmann has revealed plans to create a new risk carrier focusing on portfolio restructuring of non-life insurers in Europe with Munich Re as its reinsurance partner.   19 October 2018

Insurance

$403m cat losses hit Allstate in May

US personal lines insurer Allstate Corporation said June 15 that it estimates catastrophe losses for the month of May 2017 at pre-tax $403 million and $262 million after-tax, driven by a severe hail event in Colorado.   16 June 2017

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