All News articles – Page 306
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Online onlyCatlin’s European reinsurer opens in Madrid
Catlin Re Switzerland, the continental European reinsurance business of Lloyd’s insurer Catlin, has opened a Madrid office. From 1 July the new office will write property, casualty and specialty classes of reinsurance business for clients in Spain and Portugal. The office will complement Catlin Group’s existing Barcelona office, which writes ...
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Online onlyInsurers have $22bn in surplus reserves – Aon Benfield
The US insurance industry has $22bn of redundant reserves, up from $21.9bn at the end of 2009, according to a study by reinsurance broker Aon Benfield. The increase comes despite reserve releases of $10.5bn during 2010. Of the total level of redundancy, $6.5bn is in personal lines, $1.5bn in commercial ...
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Online onlyUS Re enters Chinese partnership
US-based reinsurer US Re has formed a strategic alliance with a Chinese insurance broking firm. US Re has joined Shanghi Transceed Insurance to provide brokerage and consulting services to the (re)insurance sector. In a joint statement, US Re CEO Tal Piccione and Tranceed president Chen Hui Zen said: "We are ...
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