News
Insurance
The Cayman Islands Monetary Authority (CIMA) has named Ruwan Jayasekera as head of its insurance supervision division, effective July 14. 20 July 2016
Alternative Risk Transfer
The World Bank has issued its largest ever catastrophe bond covering earthquake, providing the organisation with $1.36 billion of capital markets protection. 7 February 2018
Insurance
PartnerRe’s third quarter results were hit hard by losses from Typhoons Jebi and Trami and Hurricane Florence as well as losses on its investment portfolio though its CEO was upbeat as its non-life unit reported an underwriting profit in the first nine months of the year. 15 November 2018
Insurance
HDI Global, the industrial lines insurer, has strengthened its recently formed engineering, construction and energy division with the appointments of two senior underwriters - Sabine Knaus and Richard Beeby. 19 February 2016
Insurance
Berkshire Hathaway Specialty Insurance Company has opened a new office in Düsseldorf, Germany, as it seeks to build its global footprint. 17 June 2016
Insurance
Re/insurer International General Insurance (IGIH) has appointed Gordon Steward as forestry underwriter in its IGI UK business in London. 24 June 2015
Insurance
The French Federation of Insurance (FFA) has been established following the merging of the French Federation of Insurance Companies (FFSA) and the Association of Mutual Insurance Companies (GEMA). 12 July 2016
Insurance
Randall & Quilter Investment Holdings has written a loss portfolio transfer reinsurance contract to assume a bonds portfolio issued by an undisclosed Fortune 500 Insurance Group. 19 June 2017
Insurance
Insurer RSA has sold its minority stake in Indian insurer Royal Sundaram Alliance Insurance Company to Sundaram Finance, its joint venture partner. 18 February 2015
Insurance
The re/insurance markets remain cyclical, with the industry operating on the very margins of profitability, a big catastrophic loss would adjust the balance of capital and underwriting opportunity, Alex Maloney, group chief executive of Lancashire, said in the company’s annual report. 14 March 2017
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