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M&A trend drives hybrid models
Insurance
The recent new wave of consolidation has shown a further trend towards more companies operating so-called hybrid business models, whereby they write both insurance and reinsurance. Such a model can generate useful synergies, but it is also one of many factors driving consolidation, Torsten Jeworrek, member of Munich Re’s Board of Management, told Monte Carlo Today.   9 September 2018
AM RE: bringing its unique skillset to the cyber space
Insurance
The firm’s new cyber offering is underpinned by astute risk selection and multifaceted client support.   21 April 2021
Greensmith succeeds Jardine as AXA XL UK CEO
Insurance
Re/insurer AXA XL which has recently completed its merger has appointed Paul Greensmith as UK CEO replacing Paul Jardine who is leaving the group later this year.   24 September 2018
Insurance
AmTrust Financial Services has appointed Daniel Hickey to the role of group chief underwriting officer. Based at AmTrust’s New York City headquarters, Hickey will report directly to chairman and CEO Barry Zyskind.   12 June 2018
Insurance
Swiss Re is exploring a potential initial public offering (IPO) of its UK closed book business ReAssure in 2019.   3 August 2018
News
TransRe’s net premiums written in the 2018 second quarter were roughly flat with the comparable prior year period as a result of higher ceded premiums written due to an increase in retrocessional coverage purchased in 2018, the company said while presenting second quarter results.   3 August 2018
Insurance
Fitch Ratings has revised the outlook for CNO Financial Group to positive from stable following the company’s recent reinsurance transaction.   3 August 2018
Alternative Risk Transfer
An overview of the ILS market by Dirk Lohmann, chief executive officer of Secquaero Advisors and Noel Hillmann, chief executive officer of Clear Path Analysis*.   28 February 2018
Insurance
Berkshire Hathaway Specialty Insurance Company (BHSI) is introducing a professional indemnity insurance for financial institutions in Asia.   14 December 2017
Insurance
Risk management service provider Assurant has partnered with fintech company Fair.   14 December 2017

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