News
Insurance
RenaissanceRe Holdings has responded to a letter by its investor TimesSquare Capital Management, urging the Bermuda-based re/insurer to review its strategy and seek a buyer for the business. 3 October 2018
Insurance
Specialty re/insurer Canopius has hired Swiss Re's Nattakorn Wattanaumphaipong as head of reinsurance Asia Pacific. 2 October 2018
Insurance
Broker Willis Towers Watson has acquired Le Havre headquartered risk adviser and broker Dero Courtage to build its presence in the French market. 2 October 2018
Insurance
Bermuda-based specialty property and casualty re/insurer Sompo International has launched a global risk control services function within its insurance business. 2 October 2018
Insurance
Brit’s executive chairman Mark Cloutier is stepping down from his role in December 2018 with a view to becoming Aspen CEO. 1 October 2018
Insurance
Aon has launched its Americas capital advisory team to help re/insurers identify and deliver balance sheet solutions that reduce volatility and increase profitability. 1 October 2018
Insurance
UK’s reinsurance scheme Flood Re is reducing the reinsurance premiums it charges to insurers from Jan. 1, 2019. 1 October 2018
News
Insurance is not known for being at the forefront of innovation. By and large, customers are buying the same types of covers from the same carriers in the same way as they were 20 years ago, says Anthony Bice, partner and head of EMEA Insurance, Oliver Wyman. 1 October 2018
Insurance
The Insurance Regulatory and Development Authority of India (IRDAI) has allowed state-run General Insurance Corporation (GIC) to retain the first right to offer reinsurance in India, BloombergQuint reported citing two people present at the firm’s recent board meeting. 1 October 2018
Insurance
Typhoon Trami left almost 400,000 households without power, brought down trees onto railroad tracks and kicked up debris across Tokyo as it brushed past the Japanese capital early on Monday, Oct. 1, Reuters reported. 1 October 2018
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