News
Insurance
Trust International Insurance and Reinsurance Company (Trust Re), a Bahrain-based reinsurer, has appointed Cherif Chentir as an independent non-executive director. 19 October 2016
Insurance
Wilmington Trust has appointed Michael Ramsey as a client development officer for its insurance collateral solutions team, part of the company’s global capital markets division. 1 June 2018
Insurance
Specialty insurer StarStone, whose parent company Enstar dropped plans to pursue its sale in September, has decided to sell some of its portfolio to Dubai-based firm Elseco. 31 January 2019
Alternative Risk Transfer
Bermuda-based specialist insurer Hiscox has grown gross written premiums by 24.3 percent year on year to $1.16 billion in the first quarter of 2018 as Hiscox London Market and Hiscox Re & ILS took advantage of the hardening market at the Jan. 1 renewals. 8 May 2018
News
Cayman Islands-based specialist property/casualty reinsurer Greenlight Capital Re has hired Michael Belfatti to the newly-created position of chief operating officer. 16 August 2017
Insurance
While the consequences of Brexit are likely to impact the UK re/insurance industry in the UK for some time, the main effect may become visible in the business culture, according to executives interviewed by Intelligent Insurer for our year-end questionnaire. 29 December 2017
Insurance
Allianz has sold a 33 percent stake in its China unit to Chinese online retailer JD.com, according to a Reuters April 16 report. 17 April 2018
Insurance
French insurer AXA and managed general agency (MGA) Gresham Underwriting (GUL) have entered into a three-year partnership under which AXA will provide £20 million of capacity. 17 April 2018
Insurance
Tom Rutter, chief executive officer of Sunderland Marine, is to retire on June 30 after nearly four decades with the company. 17 April 2018
Insurance
The combination of continued competitive pressures, the effects of US tax reform and catastrophe losses in 2017 is leading to speculation of more mergers and acquisitions (M&A) among re/insurers in 2018, especially in the Bermuda market, says Fitch Ratings. 12 February 2018
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