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CATCo chairman expects further rate declines at 2019 January renewals
Alternative Risk Transfer
The chairman of the CATCo Reinsurance Opportunities Fund is expecting further rate decreases in the January 2019 renewals following challenging 2018 renewals.   20 August 2018
News
Bermuda-based RenaissanceRe Holdings (RenRe) has estimated that the pre-tax impact of the Ogden rate change on its carried reserves is approximately $30 million, and will be recognised in the first quarter of 2017.   13 April 2017
Insurance
Markel Corporation has appointed Glenn Mozingo to the newly-created role of managing director, global insurance business development and corporate account executive.   13 April 2017
Insurance
American International Group, has appointed Michael Lewis as chief digital officer, effective July 5, 2016.   1 July 2016
Insurance
Specialist underwriting agency Horizon as launched three new products for its residential property clients, complementing its existing mid and high net worth products Longitude and Latitude.   13 March 2017
Insurance
Specialist re/insurer THB has appointed Lorraine Adlam as non-executive chairwoman and Malcolm Beane as independent non-executive director.   20 October 2016
Insurance
The global re-Takaful market has suffered from poor quality business underwriting intrinsically linked to the underperformance of the primary Takaful sector, said Dave Matcham, chief executive of the International Underwriting Association in a speech delivered April 9 at the World Takaful Conference in Dubai.   9 April 2018
Insurance
Liberty Specialty Markets (LSM), part of Liberty Mutual Insurance, has promoted José Ernesto Ospina, formerly LSM’s general manager for Colombia, to the newly-created role of LatAm reinsurance regional manager.   25 September 2017
Insurance
Guy Carpenter, the reinsurance subsidiary of broker Marsh & McLennan Companies, has appointed Tony Gallagher as CEO of the Asia Pacific region and Richard Jones as the region chairman, both effective immediately.   2 August 2017
Insurance
Bermuda-based holding company Fidelis Insurance has promoted Ian Turner to the position of group chief actuary.   5 July 2017

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