News
Insurance
Nat cat is a big topic for the industry, Hannover Re chief executive officer Jean Jacques Henchoz said at a press conference in Monte Carlo, highlighting how struck he was by the strength of Hurricane Dorian. 10 September 2019
Alternative Risk Transfer
Pool Re, the UK’s state-backed terrorism reinsurer, wants to increase the number of reinsurers willing to participate on its retrocessional placements and the number of investors willing to support its ILS programme as it cannot buy as much capacity as it would like. 10 September 2019
Alternative Risk Transfer
Industry veteran Dirk Lohmann, who now heads the insurance-linked securities (ILS) business of global asset management group Schroders, is exploring the possibility of launching a new reinsurer on Bermuda with a minimum of $500 million in capital. 10 September 2019
Insurance
Re/insurer AXA XL is simplifying its reinsurance organisational structure, aligned around its key markets and intended to enhance the focus on its 'payer to partner' strategy. The changes, effective January 2, 2020, will include combining its Bermuda and London platforms, and centralising its claims and operational functions into one global unit. 9 September 2019
Insurance
Integro Insurance Brokers (trading as Tysers) has signed a definitive agreement to acquire Risk Transfer Group (RTG), the parent company of Lloyd's re/insurance broker RFIB Group. 9 September 2019
Insurance
Reinsurance broker Guy Carpenter, a wholly owned subsidiary of Marsh & McLennan Companies, has unveiled a key leadership change to integrate the capabilities of JLT Re and further its growth strategy. 9 September 2019
Insurance
Liberty Specialty Markets (LSM), part of Liberty Mutual Insurance Group, has appointed Alexander Montoya as president of US, Bermuda and LatAm, effective immediately. 9 September 2019
Insurance
Re/insurance broker Aon has appointed Neville Weston as vice chairman of reinsurance solutions business in Bermuda. 9 September 2019
Insurance
The rush to the Latin American region is losing its allure for some reinsurers, claims James Grieves, senior vice president and regional manager of the Latin America and Caribbean region at SCOR. 9 September 2019
Insurance
Hannover Re has been active with parametric coverage in the agricultural field for many years, and it is now focusing on the coverage in its property segments. 9 September 2019
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