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Insurance
Trading company Mitsui & Co has bought a 15 percent stake in New Ocean Capital Management, the investment management company formed by XL.   24 October 2016
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Against a backdrop of challenging market conditions driving more M&A in the industry, reinsurers must also keep a close eye on regulatory tensions, says Arno Junke, chief executive of Deutsche Rück.   23 October 2016
Insurance
The implementation of Solvency II has accelerated the trend of insurers focusing on reinsurance as a capital management tool and many are keen to form deeper relationships with certain reinsurers with this in mind, Jay Nichols, the chief executive of AXIS Re, told Baden-Baden Today.   23 October 2016
Insurance
Many of the large European buyers have ‘tiered’ their reinsurance panels in recent years and as a result are forming much deeper business partnerships with their bigger ‘tier 1’ reinsurance partners that transcend risk management and are also heavily entwined in capital relief.   23 October 2016
Insurance
Megadollar deals between reinsurers happen between the gods up on Mount Olympus, but down here we’re focused on how to get better data into transaction systems, says Frank Fortunato, chief executive of CATEX.   23 October 2016
Insurance
It is targeting a top 10 reinsurance spot on a global basis but GIC Re understands that, especially in continental Europe, reinsurance is a long-term relationship-driven game. Lucky then that the Indian company is itself a long-haul player and will be patiently awaiting any opportunities, says Alice Vaidyan, chairman-cum-managing director of GIC Re.   23 October 2016
Insurance
The partnership between Gen Re and TransRe enables the former to improve its access to the broker market as a way to secure growth.   23 October 2016
Insurance
The deal between TransRe and Gen Re that will see the former help the latter access the broker markets in the US looks like a win-win for both parties—but the proof of this pudding may be in the eating. Mike Sapnar and Ken Brandt from TransRe explain to Intelligent Insurer how the deal will work, what it means for cedants and how they plan to avoid any pitfalls.   23 October 2016
Insurance
It is targeting a top 10 reinsurance spot on a global basis, and to achieve this GIC Re must overcome a complex regulatory environment and shrinking panels to crack the North American reinsurance market. Yet the company is determined, says Alice Vaidyan, chairman-cum-managing director of GIC Re.   23 October 2016
Insurance
Measured growth plans are on the agenda for International General Insurance (IGI) as it targets growth in the energy sector despite very challenging wider market conditions, Waleed Jabsheh, president of IGI, told PCI Today.   23 October 2016

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