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Belgium-based reinsurance managing general agency (MGA) FourteenZeroFive and marine group 24Vision.Solutions formed a joint venture to facilitate the take up of reinsurance for engineering and energy placements across Africa. 15 May 2018
News
Having given up on reinsurance in recent decades, some large insurers have had a change of heart as they seek diversification and the access to the capital markets which reinsurers have developed in recent years. Is their bet that they can handle these volatile risks—and that their shareholders will back them—a risky one? Intelligent Insurer investigates. 14 May 2018
Insurance
Talanx group units Hannover Re and HDI Global are merging their specialty activities in a new joint venture in order to capture global growth and high-margin specialty business. 11 May 2018
Insurance
Charles Taylor-managed Standard Syndicate 1884 has appointed London Market expert Paul Crockford to the role of head of claims. 10 May 2018
Insurance
American International Group (AIG) had a disappointing start to 2018 as results missed expectations and caused the share price to dive, but CEO Brian Duperreault promised during the May 3 first quarter 2018 results call that the company is on track to address the issues in general insurance and deliver double-digit return on equity (ROE). 9 May 2018
Insurance
A report commissioned by XL Catlin examined the changes happening in the oceans and how the global insurance sector should prepare for the potential consequences. 9 May 2018
Insurance
Berkshire Hathaway has reduced net earned premium in its re/insurance operations by 38.5 percent year on year to $13.37 billion in the first quarter of 2018 driven by the Berkshire Hathaway Reinsurance Group unit, according to KBW research. 8 May 2018
Insurance
The new European subsidiary of specialist insurance group Tokio Marine is expected to begin operation from the second half of 2018 as it received regulatory approvals and appointed a new chief executive officer. 8 May 2018
Insurance
Specialist re/insurance broker BMS Group has appointed Andrew Godden as CEO and Dylan Wilkinson as COO of its Australian operation. 8 May 2018
Insurance
Africa’s insurance markets suffer from excess capacity and cut-throat competition, but a low market penetration offer opportunities for growth. 8 May 2018
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