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Mapfre Re reports almost 30% drop in profits in group H1 2019 results
Insurance
Spanish based global re/insurer Mapfre reported modest revenue and premium growth overall in its results for the first half of 2019, but its reinsurance business Mapfre Re fared less well with a nearly 30 percent drop in net profit results.   26 July 2019
Markel to wind down CatCo Re, launch new retrocessional ILS platform
Insurance
Specialty insurer Markel Corporation intends to establish a new retrocessional insurance linked securities (ILS) fund platform ahead of the 2020 renewal period in Bermuda, comprised of a reinsurance company, fund entity and investment manager.   26 July 2019
RGA elects Hamilton chief Pina Albo; says diversity a 'key priority' for board
Insurance
Reinsurance Group of America (RGA) has appointed Hamilton CEO Pina Albo to its board of directors, increasing the female representation on its board to 38 percent.   26 July 2019
Insurance
Specialty insurance group Tokio Marine HCC has formed a new Mexican subsidiary to further expand its international surety operations.   26 July 2019
Insurance
Insurer AXA XL has partnered with insurtech managing general underwriter (MGU) Vindati to offer Ocean Cargo insurance for small and middle-sized businesses in the US.   26 July 2019
Insurance
RSA Insurance Group has appointed Christian Coletta as new managing director of its Spanish business with immediate effect.   26 July 2019
Insurance
Bermuda-based insurance company Lancashire Holdings’ group CEO Alex Maloney highlighted the firm’s “good new business momentum” in the first half of the year as his group reported its H1 2019 results.   25 July 2019
Insurance
Allianz Insurance has appointed Claire Buck to the position of head of commercial lines pricing.   25 July 2019
Insurance
Global natural disaster losses during the first half of 2019 were below average when compared against a 10-year average, according to a new report by Aon's Impact Forecasting.   25 July 2019
Insurance
Technology-driven risk solutions provider Sedgwick has appointed key executives to support its international growth strategy.   25 July 2019

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