News
Insurance
Despite its vital role allowing global economies to work smoothly while providing security, protection and peace of mind to its customers, the insurance industry struggles to gain respect—perhaps it just needs to communicate better, better, says Mike Morrissey. 1 September 2013
Reinsurance
An influx of new capacity into the industry is nothing new—but this particular wave could force some reinsurers to change course, says Torsten Jeworrek, chairman of the reinsurance committee at Munich Re. 1 September 2013
Reinsurance
The recent IPO by Third Point Reinsurance focused attention on the sentiment of equity investors towards reinsurance stocks. But despite a greater wariness and many investment alternatives, the sector remains attractive to equity investors—just not to the extent it once was. 1 September 2013
Reinsurance
As the ILS market continues to develop, the litmus test of its future potential could be the range of new issuers that are tempted to use this form of risk transfer bringing new risks to the sector. 1 September 2013
Insurance
Karen Quintana has been appointed as vice president and client distribution leader for XL Group’s North America Distribution and Network team in San Francisco. Quintana will report to Frank Soldano, XL Group’s regional leader – west. 29 August 2013
News
Run-off specialist Catalina Holdings (Bermuda) will now acquire American Safety Reinsurance (ASRe), a Bermuda subsidiary of American Safety Holdings, which is itself merging with financial services holding company Fairfax Financial Holdings, displacing Tower Group International on the deal. 21 August 2013
Insurance
Barbican Group Holdings has appointed Chris Brooking as an underwriting manager within the firm’s healthcare division, with immediate effect 6 August 2013
Insurance
XL Group has appointed David Guest as underwriting manager, crisis management, Asia. 2 August 2013
Insurance
XL Group has appointed Mark McConico as vice president and underwriting manager for its US risk management group in Los Angeles. In addition, Theresa Schlageter has been promoted to senior vice president and regional manager of the Western Zone for US risk management business. McCornico will report to Schlageter. 1 August 2013
News
Markel International, a specialist insurer, has promoted Zoe Woods to claims manager for its new casualty treaty division. 30 July 2013
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