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Rating agency AM Best has revised the outlook of Bermuda-based reinsurer Third Point Re to negative from stable, expressing "concerns over the company’s business profile", its ability to make underwriting profits, and the recent changes in its senior management including the departure of its CEO Robert Bredahl. 17 May 2019
Insurance
Maiden Holdings is replacing the CEO and the chief financial officer amidst a restructuring of the business. 10 August 2018
Insurance
The overall impact of catastrophe losses on property rates was muted at the January 1, 2019 reinsurance renewals, according to Guy Carpenter. 14 January 2019
News
Hannover Re has posted a profit for the third quarter despite large losses exceeding its budget in the third quarter of 2017 through an increase in investment income driven by the sale of its listed equity portfolio. 8 November 2017
Insurance
The Financial Conduct Authority (FCA) has launched a market study to assess how competition is working in the wholesale insurance broker sector in the UK. 8 November 2017
Insurance
Aon has named Jim Gloriod as CEO of its US Construction Services Group, responsible for the construction, power and the environmental practices. 8 November 2017
News
The recent increased intensity of cat events, mainly due to the effect of the El Niño phenomenon, is one of the major challenges facing the Latin American markets, says Cristian Velasco, general manager of THB Chile Re. 27 October 2015
Insurance
The Lloyd's Market Association (LMA) has announced its plan to establish a claims expert management hub for Lloyd's carriers. 28 June 2017
Insurance
The administrator of New Zealand-based CBLC, the ultimate parent of CBL group of Companies (CBL group), has recommended the liquidation of the re/insurance company. 15 May 2018
Insurance
Chaucer, an insurance group underwriting at Lloyd's, has launched a Dublin-based subsidiary to write international specialty re/insurance business, after receiving approval from the Central Bank of Ireland. 21 June 2017
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