News
News
RenaissanceRe’s gross written premiums jumped by nearly 20 percent in 2018 – but its profits dipped mainly on the back of high levels of claims from the record-breaking wildfires in California for a second consecutive year. 30 January 2019
article
Swiss Re has formed a new capital markets unit in Luxembourg and applied for authorisation to trade with EEA based clients to ensure trading continuity post-Brexit. 30 January 2019
Insurance
Lloyd's re/insurance broker RFIB Group has appointed Stephen Warwick as CEO reinsurance, Asia Pacific, following a strategic review of the region. 30 January 2019
Insurance
Bermuda-based AXIS Capital Holdings has hired a senior executive from Gen Re to expand AXIS Re’s Canadian market business and establish new partnerships in the region. 30 January 2019
Insurance
Specialist insurance and reinsurance market Lloyd's has appointed former United States Senator John Sununu as a new member of its Council for a three-year term, beginning Feb 6, 2019. 30 January 2019
Insurance
Chinese insurers are unlikely to dramatically alter their investment strategies or modify their asset allocations despite recent encouragement from the China Banking and Insurance Regulatory Commission (CBIRC) to invest their long-term funds in high-quality listed stocks and bonds, long-term equity investments, and securities brokerage firms' asset management plans and trust products, according to Fitch Ratings. 30 January 2019
Insurance
WR Berkley posted positive results for 2018 despite what it called a period of elevated worldwide catastrophes, but it shrank its reinsurance unit stressing that it will “grow where it can achieve its targeted return, while de-emphasizing less attractive opportunities”. 30 January 2019
Insurance
French insurer AXA Group has unveiled a new entity, AXA Next, dedicated to build new services and business models beyond insurance. Each year, it will invest €200 million in its innovation vehicle. 29 January 2019
Insurance
Channel Syndicate 2015 at Lloyd’s has appointed a new head of technology and cyber to further develop its offering. 29 January 2019
Insurance
Specialist Lloyd's insurer Neon has hired Paolo Olivari as claims manager in Italy from Generali. 29 January 2019
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