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Insurance
RSA Luxembourg unit gets regulatory approval in Europe; director appointed
RSA Insurance Group has received licence approval for its new insurance subsidiary in Luxembourg from the regulator Commissariat aux Assurances (CAA).   5 June 2018
Insurance
Microinsurance consortium adds ninth member
ASSA Compañía Tenedora is the ninth member joining Blue Marble, a consortium of insurers and reinsurers focused on providing insurance to the 2 billion people around the world facing financial protection gaps.   8 March 2018
News
Singapore Reinsurers Association unveils executive committee line-up
The Singapore Reinsurers’ Association (SRA) has re-elected Marc Haushofer, chief executive officer Asia Pacific & EVP of Validus Reinsurance Company, as its chairman for another term.   25 June 2018
Alternative Risk Transfer
Reinsurers now ‘own’ alt capital
Alternative capital is here to stay and will remain a big part of cedants’ strategies and business plans going forward—the real question is how they balance that with traditional reinsurance.   9 September 2018
Insurance
Storm Friederike insured losses at up to €2.6bn
Losses due to wind from winter storm Friederike will range between €1.3 billion and €2.6 billion, according to catastrophe modelling firm AIR Worldwide.   26 January 2018
Insurance
List of Montpelier suitors could be lengthy as bid speculation mounts
Speculation continues to mount around which two reinsurers will likely join forces next following the already confirmed deals involving XL-Catlin, AXIS Capital-PartnerRe and RenaissanceRe-Platinum Underwriters.   4 March 2015
News
Peak Re expands Asian business in H1
Hong Kong-based Peak Reinsurance Company has significantly expanded gross written premium in the first half of 2018 as it expands in Asia.   29 August 2018
Insurance
Allstate pays $525m to acquire InfoArmor
US personal lines insurer Allstate Corporation is acquiring employee identity protection provider InfoArmor for $525 million in an all-cash transaction.   28 August 2018
Insurance
AXIS Re taps Thomas Miller COO for global role
AXIS Re, the reinsurance business segment of Bermuda-based AXIS Capital Holdings, has appointed Ann Haugh as president of its global markets division, based in London, and Rob Smart as the head of Specialty Re.   16 October 2018
Insurance
US P&C sector makes $5.3bn underwriting profit in H1
The US property/casualty industry’s net underwriting income improved in the first half of 2018 to $5.3 billion, compared with a $5.0 billion underwriting loss in the same prior-year period, according to data by AM Best.   24 August 2018

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