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In May this year, Gen Re revealed that Kara Raiguel would replace Tad Montross at its helm, a move that triggered a phase of reassessment and change at the company. For Rainer Schuermann, Gen Re’s regional manager, P/C Treaty Asia, this can bring exciting opportunities to the region he is responsible for. 12 October 2016
Reinsurance
Market participants in Asia face a multitude of challenges that are affecting the market simultaneously, making it very difficult to respond adequately to each one, Moungmo Lee, general manager, analytics, AM Best Asia-Pacific, told EAIC Today. 2 November 2014
Insurance
Lloyd’s specialty re/insurer Canopius agreed to cede risks to the UK government-backed Flood Re scheme. 14 December 2017
Insurance
Global Risk Partners (GRP), an insurance broking and managing general agent investment vehicle, has funded the acquisition of Northern Ireland-based commercial and personal lines broker McGrady by Abbey Bond Lovis (ABL). 4 May 2016
Insurance
A majority of board members and senior executives with responsibility for their organisation’s cyber risk management spent “less than a day in the last year” focusing on cyber risk issues, according to a survey from insurance broker Marsh and tech company Microsoft. 18 September 2019
News
Reinsurers in the US recorded a combined ratio of 108.2 percent in 2017, according to the latest underwriting report by the Reinsurance Association of America (RAA). 8 March 2018
Insurance
Asta Capital’s newly launched managing general agent (MGA) platform, Asta Underwriting Management (AUM), has appointed Sian Fisher as non-executive director of the board, in the first of what will be a series of hires. 16 September 2015
Insurance
A court case brought by Arthur J Gallagher (AJG) against the Ardonagh group, for allegedly poaching a team of employees, has highlighted “hostile, unguarded” internal exchanges at AJG. 14 March 2019
Insurance
The cyber threat to supply chains and industrial control systems is growing exponentially as a result of the rapid rise in computing power. Add to this the increased use of internet of things devices and prevalence of 5G and there is the potential for something of a perfect storm of risk. Jenna McGrath, senior cyber economist at CyberCube, explains the key threat factors and how the insurance industry can respond. 14 April 2021
Insurance
RSA Insurance Group has appointed Kevin Thompson as the new chief executive of its Irish business, RSA Ireland, replacing Ken Norgrove who is moving to the role of CEO of Codan/Trygg-Hansa, the company's Scandinavian business. 16 September 2019
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