News
Insurance
The agreement values ReAssure at £3.25 billion ($4.28). 6 December 2019
Insurance
Cyber insurance penetration is low in Asia, but there is great opportunity to introduce cyber products at a local level and build them out from there, Jonathan Ranger, chief executive officer of Criterion Underwriting, told SIRC Today. 30 October 2018
Insurance
Recent catastrophe events in Asia are likely to stabilise rates in the upcoming renewals and make any significant rate reductions unlikely, Soeren Soltysiak, chief underwriting officer, treaty, Asia Capital Reinsurance Group, told SIRC Today. 30 October 2018
Alternative Risk Transfer
Arcus Syndicate 1856 (Arcus 1856) has promoted Adrian Gfeller to the position of managing director and Gary Delaney to the position of head of operations effective August 1. 31 July 2018
Insurance
Castel Underwriting Agencies, the club-style managing general agent (MGA) formation platform, has appointed James Nugent as its first chief underwriting officer. 1 July 2015
Insurance
Global insured losses are down from $93 billion in 2018. 19 December 2019
Insurance
Specialist insurer Markel International has been granted a licence by the Insurance Regulatory and Development Authority of India (IRDAI) to write reinsurance business in the country. 11 June 2018
Insurance
Re/insurer XL Catlin has appointed Elie Hanna as head of central broker management. 1 March 2018
News
Australia’s terrorism insurance scheme administrator, Australian Reinsurance Pool Corporation, has increased the private participation in retrocession reinsurance cover at renewals for 2018. 1 March 2018
Insurance
Global credit ratings agency AM Best has upgraded PartnerRe and its operating subsidiaries to the financial strength rating (FSR) A+ (Superior) from A (Excellent), while the group’s long-term issuer credit ratings (LTICR) has improved to “aa-” from “a+”. 6 August 2019
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