All News articles – Page 239
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China GDP growth slows in Q1
China expected to become world’s largest insurance market in the next decade
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Willis Re says changing reinsurance market conditions favour mutual insurers
‘Loyal’ mutuals are reinsurers’ preferred customers in a soft market
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PRMIA survey puts regulation at top of risk managers’ concerns
Survey also highlights that risk managers want a better way of integrating risk into the investment process
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Canopius US off negative review
Canopius’ US surplus lines insurer was formerly owned by Omega
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Generali USA picks RGA and SCOR as top bidders
The Italian insurer’s US life business is worth up to $1bn
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Analysis
Video Q&A: Jeremy Brazil, Markel
Markel’s President Jeremy Brazil tells GR about the company’s strategy, the Alterra deal, and which trends he will be following this year
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Louisiana Citizens brings Pelican Re to market
Deal is the latest from the US residual market to tap the capital markets
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ACE launches US agribusiness insurer
New unit consolidates ACE’s agricultural offering as crop insurance prices rise
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Miller hires Swiss Re underwriter for Singapore role
Nick O’Neil joins Lloyd’s broker’s facultative team
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High probability of US major landfalling hurricanes in 2013
Colorado State Universtiy estimates an active 2013 season with nine hurricanes and 18 named storms
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AXA sells US life insurer to Protective for $1.6bn
Transaction disposes of run-off mortality book primarily underwritten before 2004
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US commercial rates creeping up – Willis
Broker anticipates “complicated renewal process” for Sandy-hit programmes
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Analysis
Nat cats and a nuclear future
The Iran quake is another reminder of the inherent danger in building nuclear plants in catastrophe zones
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Guy Carp: Modest softening at 1 April renewals
Convergence between traditional reinsurance and capital markets ‘has now occurred’
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Asia Capital Re appoints Taiwan head
Andy Li named chief representative of reinsurer’s Taiwan Representative Office
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Global reinsurer capital soars to $505bn – Aon Benfield
Capital up 11% at year-end 2012; aggregate CR down to 92.6%
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ACE strengthens Germanic team with promotions
Dankwart von Schultzendorff is named chairman and Andreas Wania becomes country president for Germany
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TSR predicts active 2013 hurricane season
Early forecast puts storm activity at 30% above the long-term norm