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The largest ever start-up re/insurer dedicated to run-off has been formed on Bermuda with more than $500 million in capital in an indication of the growing importance and anticipated growth of the legacy market globally. 10 January 2017
Insurance
A report commissioned by XL Catlin examined the changes happening in the oceans and how the global insurance sector should prepare for the potential consequences. 9 May 2018
News
The new Russian National Reinsurance Company has increased pressure on Western markets already challenged by the international sanctions regime with international reinsurers already losing a significant amount of business as a result. 9 January 2017
Insurance
Liberty Specialty Markets (LSM) will form a $27 billion consortium with the Channel Syndicate and Canopius to provide capacity for its new trade finance insurance initiative Toredo. 6 March 2018
Insurance
Specialist underwriting agency Horizon has appointed Daniella Rosser and Peter Branch as underwriters, reporting to underwriting director Wendy Travers. 26 June 2017
Insurance
Property/casualty insurer Chubb said on Sept. 11 that it plans to establish its EU headquarters in France. 12 September 2017
Insurance
Re/insurer XL Group has appointed Abbe Goldstein to succeed David Radulski as director of investor relations, following Radulski’s retirement in March. 3 January 2017
Insurance
Trust Insurance Management WLL, a subsidiary of Trust Re, a reinsurer based in the Kingdom of Bahrain, has been approved as a Lloyd’s Coverholder. 15 April 2016
News
Having endured the heavy losses of 2017, reinsurers should enjoy an improvement in profits in 2018 as rates improve and cat losses return to normal levels, according to Fitch Ratings. 4 May 2018
Insurance
Markel Global Insurance, a division of specialty insurer Markel Corporation, has hired John Ferguson as a director of the New York-based US excess casualty team. 21 July 2017
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