All News articles – Page 231
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Why cheap reinsurance is putting property rates under pressure
Reductions of 15% to 20% seen at Florida personal lines renewals
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James Dowd joins TigerRisk to aid international expansion
Odyssey Re founder was most recently chairman, president and chief exec of Fairfax Asia
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Tokio and GC Securities launch new cat bond platform
Convergence offering lowers barriers to entry for cat bond sponsors
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AM Best puts Arden Re on negative review
Outlook reflects intended Enstar buyout of Arden (formerly Ariel Re)
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Download your June Executive Briefing
Includes: 1 June renewals analysis; 3D printing infographic; France data report; and an interview with the head of insurance at BNY Mellon
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Fitch downgrades Bermuda’s sovereign rating
‘Excessive reliance on mature industries’ is limiting Bermuda’s growth prospects, says rating agency
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Jeremy Pinchin named Hiscox Re chief executive
Hiscox Bermuda boss will head up Hiscox’s merged reinsurance operations
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McGavick elected Geneva Association chair
XL boss takes over from Munich Re chief executive Nikolaus von Bomhard
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PERILS releases Euro flood satellite images
Footprints for the floods will aid damage assessment
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XL Re creates emerging markets unit
New division headed by XL’s Latin Amercia reinsurance leader Philippe Rochaix
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Tropical storm Andrea makes landfall in north Florida
First named storm of the Atlantic season is set to move up the east coast
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Peter Rogan joins mediation firm JAMS International
Former Ince & Co partner joins as a mediator and arbitrator
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Analysis
How Hong Kong is preparing for its new super-regulator
Will the Independent Insurance Authority prove a burden?
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Willis appoints LatAm banking boss to its board
Francisco (Paco) Luzón is currently a director of LATAM Airlines Group
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Aon Benfield: May’s US storms to cost insurers $4bn
Moore tornado insured losses estimated at $2.5bn
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Enstar to buy Atrium and Arden Re
Atrium will be purchased for $183m and Arden Re $79.6m
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Foreign insurers to quadruple China market share
Regulatory changes mean they will control 4% of country’s general insurance market in next five years, predicts Ernst & Young
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European floods: €3bn of damage in Austria
Germany and Czech Republic also badly affected
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Fitch predicts more Indonesian insurance M&A
Statement follows Dai-ichi Life’s decision to buy 40% stake in Indonesia’s Panin Life
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Tower Group to buy American Safety Reinsurance for $59m
Operations and staff to be combined with Bermuda-based Tower Re