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RenRe CEO praises ‘best market in years’
News
Renaissance Re CEO Kevin O'Donnell said during the reinsurer’s second quarter 2018 earnings call that he sees “reasonable tailwind” for business.   26 July 2018
China’s Fosun weighs €9bn Ageas takeover
Insurance
China’s Fosun International is considering an offer for all or parts of Belgian insurer Ageas, according to a Bloomberg News report citing “people familiar with the matter”.   26 July 2018
Insurance
Ethos, a new digital life insurer that has recently secured $11.5 million funding led by Sequoia Capital has entered into a partnership with reinsurer Munich Re and mutual insurance company Assurity Life.   26 July 2018
Insurance
London-based Sciemus, an MGA underwriting specialty risk classes, is changing its name to Occam Underwriting and has appointed a new chief executive officer.   26 July 2018
Alternative Risk Transfer
In its July 2018 ILS market update Willis Towers Watson claims that the ILS market continues to power forwards. Intelligent ILS reports.   26 July 2018
Insurance
RSG Underwriting Managers (the underwriting arm of Ryan Specialty Group) underwrites in the global energy markets via two MGUs: Global Special Risks (GSR), which focuses on fossil fuels, and PERse, which focuses on renewable energy. In this article, executives from each unit offer their perspectives on the challenges and opportunities facing these aspects of the energy sector.   26 July 2018
Insurance
Below average natural catastrophe losses at 2.3 percent of premium has helped SCOR to deliver an improved underwriting performance in the first half of 2018.   26 July 2018
Insurance
AXIS Capital delivered a robust set of results in the second quarter with both profits and gross written premiums increasing as the company reaped the rewards of its integration of Novae, which it acquired in 2017, and positive reserve development.   26 July 2018
Insurance
JLT Group enjoyed strong growth in its reinsurance segment in the first halve of 2018 but its profits were hit by the costs associated with its global transformation programme, which it claims will eventually benefit the business to the tune of £40 million a year.   26 July 2018
Insurance
The natural catastrophe losses of 2017 revealed some “surprising” disparities in reinsurers' exposures and their estimated return periods, according to a new report by S&P called ‘Are Global Reinsurers Ready For Another Year Of Active Natural Catastrophes?’   26 July 2018

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