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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
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
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
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
The boss of US re/insurer Navigators believes the company will go from strength to strength under the ownership of The Hartford—especially in its international operations and its reinsurance unit—as it rolls out a wider range of products and is backed by an even bigger balance sheet. 30 October 2018
Insurance
Rates will soften in the upcoming renewals but some pragmatic cedants prefer to preserve their long-term relationships with reinsurers, Adam Manus of Holborn tells PCI Today. 30 October 2018
Insurance
India remains a land of opportunity for reinsurers—but those that collaborate and innovate will benefit the most, says Devesh Srivastava, general manager of GIC Re. 29 October 2018
News
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
UK insurer Aviva has announced the sale of its 50 percent shareholdings in life insurance and pension joint ventures Unicorp Vida and Caja España Vid, as well as its retail life insurance business Aviva Vida y Pensiones, to Santalucía. The total consideration of the transaction is €475 million. 10 May 2017
Insurance
Novae Group enjoyed substantial growth driven largely by US excess and surplus lines in the first quarter of 2017 despite exiting a number of casualty lines of business where it has deemed rates unsustainable. But it also warned that these would still hit its profitability this year. 10 May 2017
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