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Insurance
XL Group has boosted its marine underwriting capability with the appointment of John Ellis to its North America Marine business in New York. 26 June 2013
News
The Allianz Group has closed a three-year $175 million cat bond that protects it against named storms and earthquake losses in North America, the Caribbean and Mexico. 24 May 2013
News
Sirius International Group, the Bermuda-based reinsurance unit of White Mountains Insurance Group, has formed a dedicated team to target the Insurance Linked Securities (ILS) reinsurance capital markets convergence arena. 15 May 2013
News
Alexander Ankel has been appointed as regional CEO of Asia for Allianz Global Corporate & Specialty (AGCS), Allianz SE’s dedicated brand for corporate and specialty insurance customers. 10 May 2013
Reinsurance
Its recent spate of high profile appointments starkly illustrated the ambitions of Q-Re to become a global player. What is more, it brings something different to the table, as Gunther Saacke, its chief executive officer, explained to Intelligent Insurer. 16 April 2013
article
Despite a recent minor hardening of rates, most captive insurers haven’t increased their retentions and the reinsurance buying programmes of most remain stable. But this could soon change due to regulatory changes and if rates continue on their upward trajectory. 16 April 2013
Insurance
Everest Re Group’s insurance subsidiary, Everest Security Insurance Company, has entered into a definitive agreement with Arrowhead General Insurance Agency, a subsidiary of Brown & Brown. 10 April 2013
Insurance
German insurer Allianz has entered into a 15-year exclusive distribution agreement with Turkish insurer Yapı Kredi and to also acquire Yapı Kredi Sigorta, the property/casualty insurer, including its subsidiary Yapı Kredi Emeklilik, the life and pension business. 27 March 2013
Insurance
Germany insurer Allianz has revealed an extensive investment programme to boost its presence across Africa. It has hired five new senior executives in the continent since the start of 2013 and the company is targeting Sub-Saharan Africa in particular, where it anticipates strong growth. 18 March 2013
Insurance
Bermuda-based MS Frontier Re has appointed a new president and CEO. Starting on April 1, Toshiya Naito will take over the role from Keiichi Nakajima who will return to Japan to take on new responsibilities within MS Frontier Re’s parent company. Naito is a 25-year veteran with Mitsui Sumitomo Insurance Company, the parent company and sole shareholder of MS Frontier Re. MS Frontier Group recently completed a reorganisation on January 1 which saw the closure of MS Frontier Re’s sister office in Dublin. 13 March 2013
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