News
Insurance
Bermuda-based specialty re/insurer Sompo International Holdings has hired Udo Pützer to join the company’s European insurance platform as head of financial lines insurance, Germany. 21 May 2019
Insurance
Global re/insurer MS Amlin has acquired an equity stake in specialist reinsurance managing general agent (MGA) Envelop Risk. 21 May 2019
Insurance
Specialty re/insurer Brit has appointed James Drew as head of outwards reinsurance, based in London. 21 May 2019
Insurance
Seoul-based reinsurer Korean Re has launched a new reinsurance subsidiary in Zurich, Switzerland as part of its expansion strategy in the European market. 20 May 2019
Insurance
Specialist reinsurance broker Capsicum Re has appointed Tom Mills to its Bermudian operation, in a move aimed at growing its presence on the island as it enters fifth year of trading since opening its office in 2014. 20 May 2019
Insurance
Rating agency AM Best has revised the outlook of Bermuda-based reinsurer Third Point Re to negative from stable, expressing "concerns over the company’s business profile", its ability to make underwriting profits, and the recent changes in its senior management including the departure of its CEO Robert Bredahl. 17 May 2019
Insurance
US-based property/casualty insurer The Hartford has received all regulatory approvals necessary for the closing of its acquisition of global specialty insurance holding The Navigators Group. 17 May 2019
Insurance
Average commercial insurance prices globally enjoyed their biggest increase since 2012 in the first quarter of 2019, according to Marsh’s Global Insurance Market Index. 17 May 2019
Insurance
Re/insurance broker Aon has made several organisational changes within its global reinsurance clients team co-led by Brad Melvin and Bruce Selby Bennett, in a move it hopes will help better align and integrate with the wider firm, and increase value to its clients. 17 May 2019
Insurance
German reinsurer Deutsche Rück Group's profits soared in 2018 but its book shrank due to a restructuring of a business segment within the group of German public insurers. 17 May 2019
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