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Bermuda-based reinsurer, Third Point Reinsurance, has commenced an initial public offering of 22.2 million of its common shares pursuant to a registration statement on Form S-1 filed with the US Securities and Exchange Commission (SEC). 5 August 2013
Insurance
Premium growth at Lloyd's of London is likely to slow and may even decline in 2017/18 as competition intensifies and economic growth remains tepid, according to a Moody's Aug. 31 report. 31 August 2017
Insurance
Nine Merchants Re, which hopes to establish itself as a new Hong Kong-based reinsurer, is currently pending discussions with the Hong Kong regulator. 12 October 2016
Insurance
Catastrophe risk modelling company RMS has appointed Mike Pritula as president to lead its client service and market development. He will also join the executive committee of RMS. 15 February 2017
Alternative Risk Transfer
Tokio Solution Management, a subsidiary of Tokio Millennium Re, has appointed Butch Agnew as vice president (VP), insurance-linked securities (ILS) portfolio management. 19 January 2016
Insurance
RFIB Group, a re/insurance broker at Lloyd’s, has appointed Glenn Jackson as managing director of RFIB Americas, effective immediately. 8 August 2016
Insurance
Peak Reinsurance Company, the Hong Kong-based reinsurer, has secured approval from the Swiss Financial Market Supervisory Authority (FINMA) to establish a subsidiary in Zurich. 23 December 2016
Insurance
Insured loss estimates from major natural catastrophes in 2016 reached $39.5 billion, the highest since the annual market losses of $60 billion in 2012, according to Willis Re’s 2016 Summary of Natural Catastrophe Events report. 10 February 2017
Insurance
The Insurance Council of Australia (ICA) has declared a catastrophe for damage caused by Category 4 severe tropical Cyclone Debbie, which made landfall today (March 28) in Queensland, Australia. 28 March 2017
Insurance
AXIS Insurance, a subsidiary of AXIS Capital, has appointed Tracy Harrington Cloud as senior vice president, international distribution and broker management. 21 October 2016
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