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Insurance
The multitude of catastrophic losses borne by reinsurers in the first half of the year started a murmuring that, as the US hurricane season gains momentum, is quickly turning into a cacophony. 1 September 2011
Insurance
AM Best is maintaining its 2018 outlook for the US property/casualty reinsurance sector at negative, citing the pronounced pressure on US property catastrophe rates as the alternative capital market presence in the property catastrophe space continues to grow. 10 January 2018
Insurance
Arch Capital Group has established a range of pre-tax losses of $60 million to $75 million, net of reinsurance recoveries and reinstatement premiums, the catastrophic events in the fourth quarter of 2017. These included a series of wildfires in California and a series of smaller catastrophe events occurred around the globe. 10 January 2018
Insurance
Ed, the broker formerly known as Cooper Gay, has appointed Namik Gulsun as head of international property and casualty. 14 February 2017
Insurance
Insurance broker Lockton has hired Zurich Insurance's head of financial lines to strengthen its professional services team in the UK. 22 January 2018
Insurance
Everest Insurance, a subsidiary of Bermuda-based Everest Re Group, has expanded its inland marine team with the hiring of Tom Warner, Mike Lewis and Timothy Janeway. 30 March 2017
Alternative Risk Transfer
Technology, regulatory change and a desire to close the protection gap are the biggest factors shaping the risk transfer landscape across Asia, says George Attard of Aon’s Reinsurance Solutions business. 29 October 2018
News
Bermuda-based RenaissanceRe Holdings (RenRe) has estimated that the pre-tax impact of the Ogden rate change on its carried reserves is approximately $30 million, and will be recognised in the first quarter of 2017. 13 April 2017
Insurance
Markel Corporation has appointed Glenn Mozingo to the newly-created role of managing director, global insurance business development and corporate account executive. 13 April 2017
Insurance
Global consulting firm Mercer has entered into a strategic alliance with US-based insurance firm Transamerica whereby Transamerica will acquire Mercer’s US defined contribution (DC) administration book of business. Transamerica will also become Mercer’s preferred DC record keeping provider. 28 September 2015
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