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Insurance
RenaissanceRe Ventures, a subsidiary of Bermuda-based re/insurer RenaissanceRe, has signed a definitive agreement to acquire a minority shareholding in run-off consolidator Catalina. 19 January 2018
Insurance
The financial impact of windstorm Friederike is likely to reach into the hundreds of millions of euros, according to Aon’s Jan. 19 Weekly Cat Report. 19 January 2018
Insurance
American International Group (AIG) has hired Ed Barron from PricewaterhouseCoopers (PwC) as head of international government affairs, based in London. 19 January 2018
Insurance
UK-based insurance services provider Thomas Miller is acquiring marine consultancy Brookes Bell. 19 January 2018
Insurance
ClimateWise, a group of 28 leading re/insurance organisations, has appointed Aon Benfield's Dominic Christian to replace Aviva's Maurice Tulloch as its new chairman. 19 January 2018
Insurance
Wildfires in Northern California and in Southern California caused record-breaking insured losses in 2017, impacting re/insurers’ profitability and requiring changes in underwriting and the underlying risk models. 17 January 2018
Insurance
Property/casualty (P&C) rates have risen in the Jan. 1, 2018 renewals for the first time since 2013, but rate increases remain modest despite large catastrophe losses in 2017, according to Fitch Ratings. 16 January 2018
Insurance
Navigators Management (UK) and Thomas Miller Specialty have entered into exclusive discussions under which Thomas Miller Specialty would acquire Navigators’ fixed-premium protection and indemnity business. 16 January 2018
Insurance
Reinsurance broker JLT Re has appointed Aon's chief operating officer as its Asia Pacific CEO. Jeremy Fox replaces Stuart Beatty, who is leaving the business to pursue alternative career opportunities. 16 January 2018
News
Korean Reinsurance Company is set to establish a subsidiary in Switzerland, according to AM Best’s Jan. 16 Asia-Pacific newsletter. 16 January 2018
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