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Alternative Risk Transfer
Arcus Syndicate 1856 (Arcus 1856) has promoted Adrian Gfeller to the position of managing director and Gary Delaney to the position of head of operations effective August 1. 31 July 2018
Insurance
Bermuda-based Everest Re reported a sharp drop in earnings for the second quarter of 2018 compared to the previous year primarily driven by the 2017 hurricane events – Harvey, Irma and Maria. 31 July 2018
Insurance
The Carr fire in California which burned nearly 100,000 acres is now among the top 10 most destructive fires on record in California, according to an Aon Cat Alert. 31 July 2018
Insurance
RKH Specialty, part of the Hyperion Insurance Group, has appointed Deborah Duss as a divisional director in its marine, energy and construction practice to boost renewables growth. 30 July 2018
Insurance
Bermuda-based PartnerRe has reported lower non-life underwriting profit for the second quarter of 2018 compared to the same period a year ago due to a reduction in prior-year reserve releases. 28 July 2018
News
Size is an increasingly important factor in the success of reinsurance businesses, according to SCOR, and the pressure remains on smaller players to merge. 27 July 2018
Insurance
Aon’s reinsurance solutions increased organic revenue by 8 percent in the second quarter of 2018 compared to the prior year period, driven by net new business generation globally in treaty and strong growth in facultative placements. 27 July 2018
Insurance
Broker Marsh is “simplifying” the business structure, a move that is expected to profitability and allow for investments, management explained during the group’s second quarter 2018 earnings call. 27 July 2018
Insurance
US-based broker Arthur J Gallagher has increased revenues and reported a jump in earnings in its brokerage business and in the group earnings. 27 July 2018
News
While the US individual mortality business bounced back in the second quarter of 2018, the US group business of life reinsurer RGA disappointed, according to CEO Anna Manning. 27 July 2018
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