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Insurance
The trend toward increased cessions suggests cedants in Europe are making the most of soft reinsurance market conditions, and have enhanced negotiating powers to benefit from this form of contingent capital, according to an AM Best report. 7 September 2016
Insurance
Reinsurers are focused on maintaining their financial stability and their capital levels remains robust, despite a challenging catastrophe environment with an underlying fall in Return on Equity (RoE), according to Willis Re. 7 September 2016
Insurance
Bluefin Underwriting has increased the underwriting capability of its agriculture team with the appointment of Sarah Robinson as agriculture trading and development manager. 7 September 2016
Insurance
Cooper Gay has expanded its energy division with the appointment of Simon Hirst-Marsden as head of energy technical upstream and Tony Rastall as divisional director of energy, specialising in onshore construction risks. 7 September 2016
Insurance
XL Catlin’s insurance operation in France has appointed François-Xavier d’Huart as head of client and broker management and Stéphane Gobet as client and distribution leader. 6 September 2016
Insurance
London market insurers performed well in the first half of 2016 and entered the second half of the year with strong balance sheets. But recent good performance conceals fundamental challenges to the market’s competitive position and prospective profitability, AM Best has said in a report. 6 September 2016
Insurance
BMS Group, an independent specialist re/insurance broker, has introduced a broking operation for Australia and New Zealand. 5 September 2016
Alternative Risk Transfer
Having weathered competitive and recessionary challenges, Bermuda is experiencing a renaissance of sorts. Turbulence and uncertainty in other global hubs are making the industry’s traditional incubator of change look very much like a safe harbour for companies seeking robust and innovative risk-transfer solutions. Bermuda:Re+ILS reports. 2 September 2016
Insurance
Specialist insurer Markel International has expanded its Singapore branch with the appointment of Timothy Foister as energy underwriter. 2 September 2016
Insurance
Munich Re US (Life) has appointed Ed Sunoo as senior vice president of financial insurance. 1 September 2016
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