News
Insurance
While many of its rival reinsurers are seeking alternative growth opportunities through fee income relating to advisory services, technology or the use of alternative risk-transfer structures, Hannover Re’s chief executive officer Ulrich Wallin believes sufficiently profitable traditional risk transfer business will remain available for the foreseeable future. 25 May 2017
Insurance
As the soft market stretches on and new capital continues to find ways to compete on the turf of established reinsurers, the bigger, traditional players are being forced to adapt. Most are increasingly willing to shun unprofitable business while exploring new potential revenues streams and keeping one eye on (and often an investment in) technologies with the potential to change their way of working. 24 May 2017
Insurance
Amid a myriad of challenges, re/insurers must stay ahead of their peers and embrace innovation and technology if they are to thrive in the game, Ingrid Carlou, the chief executive of Patria Re, tells Intelligent Insurer. 24 May 2017
News
Swiss Re Corporate Solutions has appointed Jonathan Rake as CEO Asia Pacific, based in Singapore. He succeeds Fred Kleiterp who has moved to a new role in Zurich. 24 May 2017
Insurance
1347 Property Insurance Holdings (PIH), a holding company offering specialty insurance through subsidiary Maison Insurance Company, has appointed Dan Case to the position of chief operating officer (COO). 24 May 2017
Insurance
Liberty Specialty Markets (LSM), part of the Liberty Mutual Insurance Group, is planning to establish a new subsidiary in Europe to retain its access to the market after Brexit, with an indication as to its location to be confirmed in June. 23 May 2017
Insurance
Pool Re, the mutual reinsurer that provides terrorism cover for commercial property in the UK, has stated that it will work with its members to resolves any claims that result from the suicide bombing last night in the UK city of Manchester. 23 May 2017
Insurance
Globe Underwriting, a UK based managing general agent (MGA), has created a new marine division, led by Peter Rogers as head of marine and David Dymond as head of underwriting. 23 May 2017
Insurance
Insurance broker Lockton has appointed Steven Cox, Keith Miller and Euan McKenzie as account executives to expand its regional footprint. 23 May 2017
Insurance
Re/insurer XL Catlin has appointed Steven Bauman as head of global programmes and captive practice in North America. 23 May 2017
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