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Insurance
Brit hires from Arch to expand US professional lines
Brit Global Specialty USA (BGSU) has expanded its professional lines offering with the hiring of Rich Hartman from Arch Insurance.   16 January 2018
News
PartnerRe chief risk officer and P&C CEO depart
Bermuda-based PartnerRe has announced that its CEO of property and casualty Tad Walker, and chief risk and actuarial officer Marvin Pestcoe are set to retire from the company at the end of first quarter 2018.   29 June 2017
Insurance
$1.9bn nat cat hit drives Chubb into Q3 loss
Property/casualty insurer Chubb said on Oct. 26 that it reported a net loss for the third quarter of $70 million after recording pre-tax catastrophe losses, net of reinsurance and including reinstatement premiums, of $1.89 billion in the quarter.   27 October 2017
Insurance
Chubb appoints UK and Ireland head of professional indemnity
Property and casualty insurer Chubb has promoted Chris Savvas as head of professional indemnity UK and Ireland to further develop its financial lines and PI capabilities.   3 August 2017
Insurance
MS Amlin launches $60m reinsurance sidecar
Specialty re/insurer MS Amlin has established a new Bermuda-domiciled special purpose reinsurer and raised some $55 million from third party investors to back the venture.   8 January 2018
Insurance
AEGIS expands Syndicate 1225 capacity
Mutual insurance company AEGIS is expanding the stamp capacity for Syndicate 1225 by 21 percent year on year to £400 million in 2018 to “take advantage of opportunities,” the company said.   26 February 2018
Insurance
Profitability of global reinsurers could drop to six-year low
The overall profitability for AM Best's composite of global reinsurers could drop to a six-year low, and the ratings agency estimates a 2017 combined ratio of 110 percent for the sector, with return on equity (RoE) ranging from 0 percent to -5 percent.   16 November 2017
News
Willis Re appoints Ingle as head of analytics
Brian Ingle will lead the analytics team for Willis Re North America following Alice Underwood’s appointment as head of risk consulting and software (RCS) business, the company announced today.   30 June 2017
Insurance
R&Q sells Norwegian subsidiary
Randall and Quilter Investment Holdings (R&Q) has sold the entire issued share capital of its Norwegian service company R&Q Triton to Gabler.   30 June 2017
Insurance
Insurance M&A deal values to more than double in 2018
Deal values across property/casualty (P&C) and life insurance are expected to more than double in 2018, marking the second-busiest year since 2005, according to S&P Global Market Intelligence.   9 October 2018

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