Articles
Insurance
China Re, China’s biggest reinsurer, will acquire speciality insurer Chaucer from its parent The Hanover Insurance Group for $950 million in a deal that gives the buyer a solid foothold in both the speciality markets and in Lloyd’s. 13 September 2018
Alternative Risk Transfer
The re/insurance industry should brace itself for losses of between $15 billion and $20 billion, according to the guidance of risk modelling agencies and analysts. 13 September 2018
Insurance
Zurich Insurance has appointed Brandon Fick as new chief underwriting officer for Zurich North America. 12 September 2018
Insurance
Bermuda-based excess and surplus (E&S) lines carrier Colony Specialty, a member of Argo Group International Holdings, has appointed Jeff Canfield to serve as head of casualty. 12 September 2018
Insurance
It is commonly believed that only a major nat cat event can end a soft market. In fact, it may be a need to significantly strengthen reserves that will deliver this outcome, Charles Manchester, CEO of Manchester Underwriting Management, told Monte Carlo Today. 12 September 2018
Alternative Risk Transfer
Insurance-linked securities (ILS) capabilities are increasingly becoming a coveted asset as re/insurers aim to be able to access different forms of capital, Stephan Ruoff, CEO of Tokio Millennium Re (TMR), told Monte Carlo Today. 12 September 2018
Insurance
Bermuda-based Sirius International Insurance, a global multi-line re/insurance group, has revealed several key promotions and the formation of a new management committee. 11 September 2018
Insurance
French insurer AXA has received all required regulatory approvals for the acquisition of Bermuda-based XL Group. 11 September 2018
Insurance
American International Group (AIG) has hired XL Catlin's Catherine Duffy to join the company’s general insurance business as country manager of Bermuda. 11 September 2018
Insurance
Global re/insurer MS Amlin and specialty cyber re/insurance analytics and underwriting firm Envelop Risk have unveiled a cyber reinsurance underwriting partnership at the reinsurance Rendez-Vous in Monte Carlo. 11 September 2018
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