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Insurer Thomas Miller has acquired the managing general agency (MGA) and insurance services operations of Hamburg-headquartered specialist insurance services group Zeller Associates. 18 September 2018
Insurance
The Reinsurance Association of America (RAA) has elected Tad Montross, president and chief executive officer, General Reinsurance, as chair of the board of directors. 1 May 2014
Insurance
Increase in fully diluted book value per share of 4.4 percent for the year 7 November 2019
Insurance
Liberty Specialty Markets (LSM), part of Liberty Mutual Insurance Group, has appointed Lewis Edwards to the newly created role of head of underwriting, delegated authority for specialty lines. 14 September 2018
Insurance
Typhoon Mangkhut will landfall along the northeastern coast of Luzon, Philippines within the next 20 hours as a very intense category 5 super typhoon, according to Aon’s Impact Forecasting Cat Alert. 14 September 2018
Insurance
Ocean International Reinsurance Company (Ocean Re) is expanding in the Mexican re/insurance market with a new office to be headed by Rebeca Pena. 22 March 2018
News
African Reinsurance Corporation grew gross written premium by 26.3 percent year on year to $211.1 million in the first quarter of 2018 driven by “successful” January renewals combined with a “slight hardening” in the South African reinsurance market. 21 May 2018
Alternative Risk Transfer
Lloyd’s agencies want insurance-linked securities (ILS) as a permanent re/insurance market fixture, according to a survey by the Lloyd’s Market Association (LMA). 14 August 2018
Insurance
Brokers Aon and Guy Carpenter have teamed up with The Institutes RiskStream Collaborative to streamline the reinsurance placement process using distributed ledger technology (DLT). 16 May 2019
Alternative Risk Transfer
Iran is working on the development of a range of new financial products, including insurance-linked securities (ILS) as reinsurance cover has become scarce in the country due to the reintroduction of sanctions, according to an Oct. 2 Reuters report. 4 October 2018
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