Articles

Insurance

TransRe shuffles regional leadership in growth push; names new London, Asia CEOs

The reinsurance arm of Transatlantic Holdings and a wholly owned subsidiary of Alleghany Corporation has unveiled several changes to its regional leadership teams and its global business development function. TransRe said the changes are designed to better position the company to take advantage of current and future market opportunities.   12 August 2019

Insurance

Allianz appoints Alastair Warren-Upham as new London markets manager

Allianz Insurance has appointed Alastair Warren-Upham as new London markets manager, following the retirement of Martyn Davenport.   12 August 2019

Insurance

Perils lifts Queensland, Townsville 2019 flood loss estimate to A$1.2bn

Insured loss estimates for the northern Queensland and Townsville flooding from 26 January to 10 February 2019 have reached A$1.217 billion ($822 million), according to Perils' third estimate published today.   12 August 2019

Insurance

IRB Brasil Re to become first Latin American stakeholder in blockchain insurance initiative B3i

Brazil's major reinsurer IRB Brasil Re is set to acquire an 8.93 percent stake in the blockchain insurance industry initiative B3i Services for €3.5 million.   8 August 2019

Insurance

Greenlight Re Q2 2019 results suggests turnaround has begun

Reinsurer Greenlight Re CEO Simon Burton, said “conditions are improving in multiple lines of business” as the firm reported gross written premiums (GWP) and net income increases in its 2019 second quarter results.   6 August 2019

Insurance

P&C insurance software firm Guidewire appoints Rosenbaum CEO

Property and Casualty (P&C) insurance industry firm Guidewire has appointed Mike Rosenbaum, former EVP Product at Salesforce, as chief executive.   6 August 2019

Insurance

Allianz secures Ben Mitchell for newly created role of regional head of multinational for the Americas

Allianz Global Corporate & Specialty SE (AGCS) has created the post of regional head of multinational Americas and hired Ben Mitchell for the role, starting immediately.   6 August 2019

Insurance

Cobbs Allen hires former JLT US CRO Payne to build broking business

US-based enterprise risk management agency Cobbs Allen has hired former JLT US chief revenue officer (CRO) David Payne as part of plans to expand its insurance brokerage business.   6 August 2019

Insurance

DARAG strikes legacy portfolio transfer deal with German re/insurer SOVAG

European legacy acquirer DARAG Group has signed a new portfolio transfer agreement with German re/insurer SOVAG. The legacy book comprises direct insurance and inwards reinsurance business.   5 August 2019

Insurance

Prudential strikes longevity reinsurance deal with Phoenix Group

Prudential Financial, through its business unit Prudential Retirement, has entered into a longevity reinsurance agreement covering UK retirees with life and pensions consolidator Phoenix Group.   5 August 2019

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