News
Insurance
Specialist reinsurance broker Capsicum Re said on Aug. 21 that it appointed Steven Rance to lead a new business division focussing on mortgage indemnity reinsurance. 21 August 2017
Alternative Risk Transfer
Swiss Re places $100m First Coast Re II cat bond in Singapore, "excited" to promote Asian ILS market
Global reinsurer Swiss Re has placed the first catastrophe bond, a $100 million First Coast Re II (Series 2019-1), under Singapore's new insurance-linked security (ILS) framework for Security First Insurance Company. 28 May 2019
Insurance
Shareholders voted “overwhelmingly in favour” of directors put forward by re/insurance firm Argo at its AGM, crushing a bid to change direction at the top of the company by activist investor Voce Capital Management. 28 May 2019
Insurance
State-owned reinsurance group China Re has completed its 100 percent equity acquisition of Hanover Insurance international Holdings - the holding company of Chaucer Holdings - from The Hanover Insurance Group. 2 January 2019
Insurance
Insured residential and commercial storm surge and wind losses from hurricane Michael are estimated at between $3 billion and $5 billion, according to an update by data provider CoreLogic. 15 October 2018
Insurance
Bermuda-based Argo Group, an international underwriter of specialty insurance and reinsurance, has appointed Manuel Moreno to the newly created position of chief underwriting officer (CUO) of Latin America. 23 July 2018
Insurance
The marine claims divisions of Sedgwick and Cunningham Lindsey’s have been merged creating the largest team in the world of marine claims services. Sedgwick acquired Cunningham Lindsey in April 2018. 17 September 2018
Insurance
Lloyd’s insurer Novae Group has appointed Selina Lu as a marine liability class underwriter, responsible for increasing Novae’s presence across the Asian insurance markets. 10 November 2014
Insurance
Dutch insurer NN Group has appointed Fabian Rupprecht as CEO international insurance replacing Robin Spencer who stepped down effective June 1, 2018 to join Prudential Corporation Asia (PCA), a business unit of Prudential, as chief operating officer. 16 August 2018
Insurance
JLT Specialty USA, the US subsidiary of re/insurance broker Jardine Lloyd Thompson Group, has appointed Robert Robideaux as executive vice president (EVP) and regional head of client development, focusing on private equity and alternative investment funds. 21 January 2016
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