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Insurance
RenaissanceRe enjoyed strong growth in the second quarter in both its property book and its casualty book and its profits grew. But it warned that “meaningful uncertainty” remains around the scale of claims stemming from many of the big catastrophes that hit its profits last year. 25 July 2018
Insurance
Howden, the retail broking arm of Hyperion Insurance Group, has entered into a strategic partnership with one of Tanzania’s oldest insurance brokers BR Puri & Company by establishing a newly formed local entity, Howden Puri Insurance Brokers. 25 July 2018
Insurance
Specialty insurance group Tokio Marine HCC has appointed Luc Reuter as head of surety for Continental Europe as it further expands its international surety capabilities. 24 July 2018
Alternative Risk Transfer
A new single structure for conducting both the fund and insurance element of insurance-linked securities business is being devised in Guernsey. 24 July 2018
Insurance
Risk modelling and analytics firm RMS has promoted Reed Birnbaum as chief financial officer (CFO), from his prior post of senior vice president, finance and analytics. 24 July 2018
Alternative Risk Transfer
Some of the bigger ILS funds are well down the road towards securing ratings—a move that will see them complete their journey from nimble newcomers to occupying a central ground and competing with traditional players on their own turf. This could be a game-changer for the market, as Intelligent Insurer reports. 23 July 2018
Insurance
Cayman Islands-based specialist property and casualty reinsurer Greenlight Capital Re's (Greenlight Re's) chief operating officer (COO) Michael Belfatti is stepping down from his position as of Sept. 1, 2018. 23 July 2018
Insurance
The average fine per prosecution brought by the UK government-sponsored Environment Agency (EA) against companies has increased six-fold in the last five years, according to research from global law firm Clyde & Co. 23 July 2018
Insurance
Bermuda-based Qatar Reinsurance Company (Qatar Re), a subsidiary of Qatar Insurance Company (QIC), has ceased writing new and renewal business from its branch office in Singapore from July 20. 23 July 2018
Insurance
Allianz Global Corporate & Specialty (AGCS) has appointed Jen Rex to the role of head of market management for its regional unit London (RUL), which includes UK, Ireland, Nordic Region, Dubai, and Russia. 20 July 2018
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