News

Alternative Risk Transfer

UnipolSai places €45m Atmos Re cat bond structured by Willis Towers Watson

UnipolSai Assicurazioni, one of the biggest insurers in Italy, has placed a €45 million catastrophe bond providing it with protection against perils in Italy including atmospheric phenomena, snow pressure and flood risks (including Vatican City and San Marino Republic).   1 March 2019

Insurance

Allianz appoints Hans-Joerg Mauthe as new AGCS Central & Eastern Europe CEO

Germany's Allianz has appointed Hans-Joerg Mauthe as regional CEO, Central & Eastern Europe (CEE), of its commercial insurance arm Allianz Global Corporate & Specialty (AGCS).   1 March 2019

Insurance

Allianz hires AIG's Claudia Salem as new CEO of property/casualty in Asia

Allianz has appointed Claudia Salem as its new chief executive officer, property & casualty for Asia Pacific.   1 March 2019

Insurance

TigerRisk recruits JLT Re's Florida market reinsurance expert David Unsworth

Reinsurance broking and risk/capital management firm TigerRisk Partners has hired a Florida market reinsurance veteran from Jardine Lloyd Thompson Group (JLT).   1 March 2019

Insurance

Cincinnati closes £102m acquisition of Munich Re subsidiary MSP Underwriting

Cincinnati Financial Corporation has completed the acquisition of MSP Underwriting from Munich Re. The all-cash transaction values £102 million.   1 March 2019

Insurance

Greenlight Re CEO Burton bemoans 'weak' 2018 performance as losses continue

Hedge fund-backed Greenlight Re's CEO Simon Burton admitted "weak" performance in 2018 as the reinsurer posted a loss in both its fourth quarter 2018 and full year results, but remains optimistic about the company's positioning and its value-investing strategy.   28 February 2019

Insurance

Liberty Mutual 2018 results show strong premium growth

Liberty Mutual reported strong premium growth as its chair and CEO David Long, welcomed “improved” market conditions and “robust” international growth.   28 February 2019

Insurance

Munich Re picks insurtech CyberCube to boost cyber risk analytics

Reinsurer Munich Re has selected insurtech CyberCube's analytics platform to help quantify, model and control cyber accumulation risk.   28 February 2019

Insurance

Beazley, Marsh launch new cyber and breach cover for manufacturers

Specialist insurer Beazley and broker Marsh have teamed up to launch a new cyber insurance cover and breach response, designed specifically for manufacturers.   28 February 2019

Insurance

SCOR unveils swathe of senior promotions at Global Life unit

French reinsurer SCOR's international life and health subsidiary SCOR Global Life has made a series of promotions across its global markets, finance, and research and development (R&D) units.   28 February 2019

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