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Re/insurer QBE has announced that its post-Brexit restructuring plans were heard at the High Court, ensuring continuity of service for its customers across the European Union. 10 September 2018
Insurance
Specialty re/insurance provider Lancashire Holdings (LHL) has appointed James Irvine as the new chief underwriting officer (CUO) for Lancashire Insurance Company in Bermuda. 10 September 2018
News
French reinsurer CCR Group has unveiled a series of appointments including new hires from MS Amlin and Arch. 10 September 2018
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Specialty managing general agent (MGA) Nexus Group has completed the acquisition of Altitude Risk Partners from the club-style MGA formation platform Castel Underwriting Agencies via an asset purchase. 10 September 2018
Insurance
Catastrophe risk modeling firm AIR Worldwide has released a new severe thunderstorm model for Europe that will allow for a comprehensive assessment of atmospheric risk in the region. 10 September 2018
Insurance
The re/insurance industry is in a much worse position than its bosses will admit and many carriers will be cashflow negative by the end of 2019, industry veteran Stephen Catlin has warned, in an explosive interview in which he stressed that any executive running a public company could not risk highlighting this reality to investors. 10 September 2018
Insurance
Antares plans to combine with sister company Qatar Re to buy reinsurance this year—and predicts rate reductions as a result, head of ceded reinsurance Richard Anson told Monte Carlo Today. 10 September 2018
News
The reinsurers of the future will partner with alternative capital, leverage technology, give clients solutions they want and have a good handle on their cost base—those were some of the conclusions of S&P Global’s Annual Reinsurance Roundtable at the Rendez-Vous de Septembre in Monte Carlo. 10 September 2018
Insurance
Amid the great uncertainty surrounding the nature of Brexit, insurers and intermediaries must ensure they futureproof their businesses for any outcome, Steve Quinn, managing director and head of mainland Europe, Artex Risk Solutions, tells Monte Carlo Today. 10 September 2018
Insurance
While retaining a robust market share in its home of India, GIC Re is increasingly competing on the international stage. Devesh Srivastava, general manager of GIC Re, explains its strategy. 10 September 2018
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