All facultative reinsurance articles
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NewsDWIC Roundtable: The explosion of PV
Demand for political violence (PV) protection has risen across MENA markets, driven by geopolitical volatility, as well as growing client awareness about this nascent product. A roundtable on day two took a deep dive into an evolving market.
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NewsDual appoints Rodriguez Forero as LatAm CEO
Marilena Rodriguez Forero joins from Axa where she served as P&C underwriting director for Mexico.
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NewsThe new PV reinsurance market hub in Dubai
There are at least ten active carriers or MGAs of political violence re/insurance operating from the Dubai International Financial Centre, one senior Dubai-based underwriter says.
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NewsAon: property cat ‘transitioning’ at April reinsurance renewals
Rates remain broadly flat at previous high levels, according to Aon’s latest Reinsurance Market Dynamics report, focused on the Asia Pacific 1 April 2024 reinsurance renewals.
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NewsMiller appoints Spells as its new London property fac broking leader
Ollie Spells joins the broker in January from Guy Carpenter to lead property facultative reinsurance in London.
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NewsFraccalvieri named as EMEA fac leader for Aon Reinsurance Solutions
Nicola Fraccalvierii re-joins from rival reinsurance broker Guy Carpenter, where he led fac across continental European plus London for casualty, specialty and financial lines.
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NewsDWIC 2023: Caught out by the hard market
A DWIC roundtable on underwriting discussed the impact of hardening reinsurance rates and new technology
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NewsHannover Re sees property cat rate hikes of 30%
Prices and conditions ’not seen in decades’ was present at 1 January, as reinsurer looks to mid year
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NewsHowden Tiger offers “new force” in reinsurance broking
The broker is turning its sights to ’high growth specialist areas’ including MGAs and facultative reinsurance
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NewsMiller International launches, names Mike Papworth MD
Ron Whyte becomes head of Asia and Matthew Keeping succeeds Papworth as head of Property and Casualty
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NewsNewly-merged Howden Tiger launches fac division
Globally, it will be chaired by industry veteran Elliot Richardson and led in London by Gordon Craig
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NewsConsilium launches facultative reinsurance offering
Simon Richardson has been appointed managing partner of the division and joins from Besso Re
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NewsBMS appoints Mike Duffy as strategic adviser to UK specialty
Most recently, Duffy was group chief underwriting officer of Canopius, having joined the company in 2006
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NewsBMS buys Spanish broker Eisenar
Terms of the acquisition were not disclosed; Broker specialises in industrial risks and professional sports
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NewsConnect launches energy reinsurer Pixel Re
Start-up reinsurer will provide facultative capacity for attachment points of typically $500m and above
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NewsInsurance placed for UK’s first space rocket launch
Once operational, Forgestar will be the world’s first fully returnable and re-launchable satellite platform
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NewsVolante opens shop in the DIFC
It will offer a combination of treaty and facultative reinsurance across multiple lines through Lloyd’s Syndicate 1699
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NewsUK specialty MGA launches for hard to place risks
The team is headed up by energy underwriter Philippe Bara and property fac underwriter Mark Palmer
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NewsChedid Re names Elie Abi Rached global CEO
Joe Asmar has been named deputy CEO, whilst retaining his role as group head of facultative reinsurance
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NewsHowden Re expands presence in Germany
Guy Carpenter’s Carsten Thienel will head up the new operations as part of a concerted push in the DACH region
