News

Insurance

Everest Re reports jump in first quarter 2019 profits

Bermuda-based Everest Re Group posted growth in both its reinsurance and insurance businesses driven by solid underwriting and investment returns, according to its chief executive Dominic Addesso.   8 May 2019

Insurance

RenaissanceRe’s profits nearly triple in 'strong' first quarter 2019 results

Bermuda-based RenaissanceRe enjoyed solid growth in the first quarter of 2019 with revenues increasing by over 380 percent. The reinsurer attributed this increase to improvements in the property, casualty and specialty segments, and certain new transactions.   8 May 2019

Insurance

R&Q closes largest legacy acquisition deal with AXA; CEO Randall says '2019 pipeline is strong'

Insurance services and investment company Randall & Quilter Investment Holdings (R&Q) has completed the acquisition of Global US Holdings from an investment vehicle managed by AXA Liabilities Managers (AXA LM).   8 May 2019

Alternative Risk Transfer

Willis Re: ILS market growth slows for two consecutive quarters

Growth in the insurance-linked securities (ILS) market has slowed for the second quarter in a row, according to the Willis Re ILS Market Update.   7 May 2019

Insurance

Ryan Specialty Group and Nationwide to launch new reinsurer Geneva Re in Bermuda

Ryan Specialty Group (RSG) has teamed up with insurance and financial services provider Nationwide to launch a new reinsurance company based in Bermuda, Geneva Re.   7 May 2019

Insurance

Reinsurance Association of America elects new officers from AXA XL, Hamilton Re and Markel

The Reinsurance Association of America (RAA) has elected John Welch, chief executive North America, AXA XL Reinsurance, as the new chairman of its board.   7 May 2019

Insurance

EU Court backs CCR’s French nat cat despite complaints, SCOR responds

The General Court of the European Union has backed the European Commission decision to approve CCR’s natural disaster reinsurance scheme based in France despite objections from French reinsurer SCOR.   7 May 2019

Insurance

Lockton MENA appoints new CEO in regional growth strategy

Re/insurance broker Lockton has appointed Ata Khatib as new chief executive officer (CEO) of Lockton MENA to spearhead the company's planned expansion in the Middle East and North Africa region.   7 May 2019

Insurance

JLT Re's Pete Chandler joins BMS Group as president of US reinsurance

Specialist re/insurance broker BMS Group has appointed Pete Chandler as president of its US reinsurance operations. Chandler is the latest in a series of recent high-profile hires from JLT.   7 May 2019

Insurance

Samsung acquires 'strategic stake' in Lloyd's insurer Canopius

Specialty re/insurer Canopius has signed an agreement with Korea's Samsung Fire & Marine Insurance (SFMI) that will see SFMI become a significant minority investor in the company.   3 May 2019

Not finding what you're looking for, please try resetting your applied search and filters,
or try the full site search.