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Reinsurance
AM Re Syndicate believes the US market is underserved by reinsurers. To solve this problem, the managing general agency is matching US primary carriers with security from Asia using quota share deals, to bring a very different offering to the market, as Intelligent Insurer reports. 4 April 2019
Alternative Risk Transfer
Reinsurers have adopted a rational rating approach for 1 April renewals with price increases of up to 25 percent concentrated on loss-affected contracts and programmes, Willis Re has said. 3 April 2019
Insurance
As Marsh & McLennan, Guy Carpenter’s parent company, finalised its acquisition of Jardine Lloyd Thompson (JLT) today, Guy Carpenter’s Peter Hearn, president and CEO, and Ross Howard, vice chairman emphasised their focus on technology and how it will change the nature of risk. 1 April 2019
Insurance
Global reinsurance, wholesale and specialty broker Ed has lured Abhishek Chhajer to the company to be head of credit, political risks and surety solutions, Asia Pacific. 1 April 2019
Insurance
Insurance claims following the Ethiopian Airlines crash and consequent grounding of Boeing’s 737 Max 8 planes could be as much as $1 billion, according to James Vickers, chairman of Willis Re International. 1 April 2019
Insurance
The Chartered Insurance Institute (CII) has hired Kenny Siu as its regional director for Asia Pacific, based in Hong Kong, to bolster international growth objectives. 1 April 2019
Insurance
A Liberty Specialty Markets (LSM) executive is aiming to break the stigma around mental ill-health at work by talking about her own experiences as part of a pro-active mental health initiative. 1 April 2019
Alternative Risk Transfer
The insurance-linked securities (ILS) market is facing a possible brief doldrum in 2019, before reviving in the second half of the year, according to Paul Schultz, chief executive of Aon Securities. 29 March 2019
Alternative Risk Transfer
Medium sized reinsurer CCR Re has set up 157 Re, a sidecar vehicle, which it said is the first to be domiciled in France, to give it access to new ILS investors. 28 March 2019
Insurance
Arch Capital-backed Bermuda re/insurer Watford Holdings expects to start trading on the Nasdaq Global Market on March 28, having filed its registration statement with the US Securities and Exchange Commission. 27 March 2019
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