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Chubb CEO Evan Greenberg has hailed rate improvements as the insurer presented its first quarter 2018 results. 25 April 2018
Insurance
WR Berkley CEO Rob Berkley said during the first quarter 2018 results conference call that the situation in the reinsurance sector remains tough but that it is a core business for the firm while he currently sees better growth opportunities in the primary segment. 25 April 2018
Insurance
Broker Aon has extended the contract with its president and CEO Gregory Case until April 1, 2023. 25 April 2018
Alternative Risk Transfer
Pool Re has appointed GC Securities, a division of MMC Securities LLC, as its insurance-linked securities (ILS) advisor and placement agent. 25 April 2018
Alternative Risk Transfer
Alternative capital has reloaded after the major nat cat events in 2017 and is in good shape to compete for cedants with the traditional reinsurance players and cause further pressure on rates, as recent market reports by Aon Benfield and Fitch Ratings suggest. 25 April 2018
Insurance
The Managing General Agents’ Association (MGAA) has established a dedicated group to drive innovation and greater collaboration in the MGA sector. 23 April 2018
Alternative Risk Transfer
Alternative capital rose by $8 billion to $89 billion in 2017 and is expected to grow further in 2018 after a strong first quarter, according to Aon Benfield’s April 2018 Reinsurance Market Outlook. 16 April 2018
News
The traditional reinsurance sector as a whole continued to make money in 2017 with net income across a group of 21 major reinsurers at $4.0 billion, according to the most recent Aon Benfield Aggregate (ABA). 16 April 2018
Insurance
Specialist re/insurer Beazley has appointed Martin Fricke as its new head of treaty in the company's Munich office, reporting to Patrick Hartigan, team leader of treaty business. 11 April 2018
Insurance
Specialist insurer Beazley has appointed Andreas Bergler as head of broker relations for Continental Europe, a new role designed to support the company's expansion plans across the region. 11 April 2018
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