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Ajit Jain, Warren Buffett’s right hand man, has revealed the new chief executive of reinsurer Gen Re in an internal memo issued today (Friday May 20) in which he also expresses concerns that Gen Re has become less relevant in the market. 20 May 2016
Insurance
R&Q Commercial Risk Services has launched a delegated authority platform specifically aimed at independent brokers. 12 June 2015
Insurance
Guernsey ended 2015 with more than 800 international insurers, according to the Guernsey Financial Services Commission (GFSC). 10 February 2016
News
The global reinsurance market is facing unfavourable conditions from a wide range of headwinds—and they could last much longer than many reinsurers feared, according to S&P Global Ratings. 11 September 2016
Insurance
The recent explosions and subsequent losses in Tianjin, China, will likely be one of the biggest man-made losses ever to have occurred in Asia. 4 September 2015
News
Some of the growth opportunities that exist for reinsurers currently operating in the Latin American region stem from entering lines of business they have not traditionally written in the past. That is the view of Derek Durst, international treaty underwriter for QBE Re. 27 October 2015
Insurance
In June, Swiss reinsurance broker Reunion held its fourth annual round table discussion—this year in St Petersburg, Russia. The 2014 discussion focused on the coverage of engineering and construction risks in Russia. What follows is a snapshot of a part of the discussion which focused on construction and erection risks and delayed start-up coverage. 3 November 2015
Insurance
Falling fertility rates similar to those in other developed markets such as the US, Europe or Japan are leading to an ageing population, with fewer entrants coming into each country’s labour market, says Michael Garvin, chief financial officer–Latin America region for Principal Financial Group. 26 October 2015
Insurance
The global reinsurance market is facing unfavourable conditions from a wide range of headwinds, according to rating agency Standard & Poor’s. 7 September 2016
Insurance
The Texas Windstorm Insurance Association (TWIA) has transferred $262.7 million into the catastrophe reserve trust fund (CRTF). 7 April 2015
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