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Cat losses dent PartnerRe results; CEO Clarke bullish on 2019 outlook
Insurance
Bermuda-based reinsurer PartnerRe has reported losses in both its fourth quarter 2018 and full year results but its CEO Emmanuel Clarke is confident that the company will be able to deliver "solid returns" to its shareholder in 2019.   22 February 2019
Alleghany’s 2018 results show firm ‘not immune’ from cat losses
Insurance
Alleghany Corporation’s president and CEO admitted the firm was “not immune” from above average catastrophe losses in 2018 as he announced the 2018 year end results.   21 February 2019
Aspen gives $10m transaction bonus to ex-CEO O’Kane post Apollo takeover
Insurance
Aspen has granted a $10 million bonus to its former chief executive officer Christopher O’Kane and $1 million to group chief financial officer Scott Kirk for assisting the Bermuda-based re/insurer with its $2.6 billion merger deal.   20 February 2019
Insurance
Willis Re, the reinsurance division of broker Willis Towers Watson, has set up an agriculture team in Asia Pacific with the appointment of Canopius executive David Gregori.   20 February 2019
Insurance
Flood risk modeller JBA Risk Management has released its Sri Lanka flood model on Simplitium’s ModEx platform. The initiative aims to broaden accessibility to the Sri Lanka model for both the insurers and the wider Disaster Risk Reduction (DRR) community.   20 February 2019
Insurance
Spain and Germany were in the top 10 countries for credit and political risk insurance (CPRI) claims by value over the past three years, highlighting a change in collection trends, a report by specialist broker BPL Global has found.   20 February 2019
Insurance
After experiencing 18 months of above average industry losses, Swiss Re expects that ILS investors will want to see rates harden in 2019, especially for loss-impacted tranches.   20 February 2019
Insurance
Specialist re/insurer Ascot has appointed Jeff Vetter as executive vice president and head of inland marine. He joins from Markel where he led their inland marine division.   20 February 2019
Insurance
German insurance giant Allianz posted a record operating performance in 2018, reaching the upper end of its target. It also expects to generate a larger profit in 2019, provided there are no unforeseen performance interruptions.   15 February 2019
Insurance
Pioneer Underwriters, the underwriting group within Minova Insurance Holdings, has appointed Andrew Corton as a project cargo underwriter based in London.   13 February 2019

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