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Alternative Risk Transfer
Alternative capital set for further growth in 2018
Alternative capital rose by $8 billion to $89 billion in 2017 and is expected to grow further in 2018 after a strong first quarter, according to Aon Benfield’s April 2018 Reinsurance Market Outlook.   16 April 2018
News
Traditional reinsurance sector remained profitable in 2017
The traditional reinsurance sector as a whole continued to make money in 2017 with net income across a group of 21 major reinsurers at $4.0 billion, according to the most recent Aon Benfield Aggregate (ABA).   16 April 2018
Insurance
Beazley appoints new head of treaty reinsurance in Munich
Specialist re/insurer Beazley has appointed Martin Fricke as its new head of treaty in the company's Munich office, reporting to Patrick Hartigan, team leader of treaty business.   11 April 2018
Insurance
Beazley targets European expansion with new head of broker relations
Specialist insurer Beazley has appointed Andreas Bergler as head of broker relations for Continental Europe, a new role designed to support the company's expansion plans across the region.   11 April 2018
Insurance
Political risk and violence, terrorist attacks on the rise
Global political volatility is leading to heightened levels of political violence and political risk, according to Aon’s 2018 Risk Maps for Political Risk, Terrorism and Political Violence.   11 April 2018
Insurance
P&C insurance sector reserve deficiency deteriorates
Property/casualty (P&C) insurance sector reserve deficiency deteriorated to $4.3 billion in 2017 from $2.5 billion in 2016, according to Morgan Stanley research.   10 April 2018
Insurance
White Mountains in potential $438m share buyback
White Mountains Insurance Group is launching a "modified Dutch auction" self-tender offer to purchase 500,000 of its common shares at a purchase price of not greater than $875 or less than $825 per share, net to the seller in cash.   10 April 2018
Insurance
Neon unveils new contingency offering with Barents Re hire
Specialist Lloyd's insurer Neon has launched a new contingency offering with the hiring of Barents Re executive Jeremy Cooke as contingency underwriter.   10 April 2018
Insurance
Insurers face rising losses from severe convective storms
Annual expected insured losses for the severe convective storms (SCS) peril, including catastrophe and non-catastrophe events, are approaching $25 billion, higher than the hurricane and earthquake perils combined, according to a new report by Karen Clark & Company (KCC).   10 April 2018
Insurance
Sompo poaches head of aviation reinsurance from Qatar Re
Bermuda-based property and casualty re/insurer Sompo International has appointed Patrick Cove as global head of aviation reinsurance. He will be based in the company’s Zurich office.   10 April 2018

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