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Bermuda-based re/insurer Sompo International has hired Alison Wood and Lorene Phillips for its global casualty reinsurance team in London. 13 November 2017
Insurance
The Indian government raised about 98 billion rupees ($1.5 billion) on Oct. 13 by selling some of its shares in the nation’s top reinsurer General Insurance Corp of India (GIC Re), Reuters reported on the same day. 16 October 2017
Insurance
The insurer made a net profit of €1.9 billion in the third quarter, an increase of 23.6 percent compared with the same period the year before. 9 November 2018
Insurance
The Association of British Insurers (ABI) has proposed data and financial changes that could unlock billions of pounds for green investments. 11 March 2019
Insurance
Reinsurance broker Guy Carpenter has made a series of international leadership appointments to facilitate the integration of JLT Re and execute an effective structure to help drive profitable growth in the future. 10 May 2019
Insurance
After General Electric (GE) revealed a $15 billion statutory long-term care (LTC) reserve charge over 7 years in January 2018, KBW analysts mull over potential read-throughs to the industry. 21 March 2018
Insurance
Jardine Lloyd Thompson (JLT) has reshuffled its senior leadership. The changes were prompted by the retirement of JLT’s UK employee benefits business chief executive but extend into its Asia business where it has recruited a senior executive from Willis. 30 January 2015
News
Losses from Hurricane Harvey and Irma could mean that Munich Re will miss its profit guidance of €2.0–2.4 billion for 2017, the company said in a Sept. 13 press release. 14 September 2017
News
The convergence between reinsurance and the alternative capital markets is creating a buyers’ market as innovation flourishes and prices continue to decline, believes David Croom-Johnson, active underwriter at Lloyd's syndicate AEGIS. 11 September 2013
Alternative Risk Transfer
Jardine Lloyd Thompson Capital Markets (JLTCM) has closed its second Market Re private placement cat bond (Market Re 2014 -2) at $31.825 million. 17 June 2014
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