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Insurance
PartnerRe’s board gave serious consideration to making a move into writing primary business last year – before it instead opted to acquire rival Axis Capital, thus instead expanding its footprint in reinsurance. 18 March 2015
News
Reinsurer Gen Re has appointed Pietro Toffanello as chief executive officer (CEO) of Faraday, part of the Gen Re corporation. 18 January 2016
Insurance
The Texas Windstorm Insurance Association (TWIA) has said it is in its best financial position since Hurricane Ike in 2008 having raised $500 million to assist in paying future catastrophic claims. 1 October 2014
Insurance
Specialist insurer Hiscox has made two additional hires to its London market management liability team. 6 June 2014
Insurance
The reinsurance market is poised to remain vibrant following recent catastrophe events, says David Priebe of Guy Carpenter & Company. 16 October 2017
Insurance
China Reinsurance has received approval from Lloyd's to transform its existing special purpose syndicate into a stand-alone syndicate. 21 November 2014
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
News
The January 2016 reinsurance renewals were orderly, stable and very business-like, according to Nick Frankland, chief executive officer of Guy Carpenter’s EMEA operations division. 7 January 2016
Alternative Risk Transfer
The buyer for UnipolSai Assicurazioni, one of Italy’s largest insurers, has said he will not be pressing reinsurers for the lowest possible conditions in this renewals as he prefers to establish long-term strategic partnerships with a much smaller panel of reinsurers. 13 September 2016
Insurance
Willis has sold its Businesscare business located in Preston, which focuses on micro and small enterprises, to Allianz as part of a deal that includes an Allianz company joining its commercial network. 10 December 2014
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