Articles

Alternative Risk Transfer

SCOR acquires asset manager Coriolis Capital to expand ILS arm; takes AUM to $2.1bn

French reinsurer SCOR’s portfolio management company is acquiring 100 percent of the capital of insurance-linked securities (ILS) fund manager Coriolis Capital, in a move aimed at expanding its capacity on the ILS market, reaching an aggregate sum of $2.1 billion of assets under management (AUM) and operating in both Paris and London.   23 May 2019

Insurance

Ariel Re lures TMR's Kelly to strengthen credit and financial product lines

Ariel Re, a subsidiary of Bermuda-based Argo Group, has appointed Sean Kelly to the newly-created role of senior vice president, specialty underwriter, credit and financial products.   23 May 2019

Insurance

ProAssurance CEO Starnes to step down after 12 years, is replaced by COO Rand

Specialty insurance company ProAssurance Corporation has appointed Edward Rand, Jr., the company’s president and chief operating officer, to succeed Stancil Starnes as chief executive officer from July 1, 2019.   23 May 2019

Insurance

Give insurers access to wealth of cyber attack data, urges Insurance Europe

Cyber insurance could make leaps and bounds in Europe if policymakers gave insurers access to anonymised cyber-attack data, industry body Insurance Europe (IE) has said.   23 May 2019

Insurance

Generali's Frédéric de Courtois named new vice president of Insurance Europe

Frédéric de Courtois, general manager of Generali Group, has been elected vice president of Insurance Europe, the European insurance and reinsurance federation, for a three-year term.   23 May 2019

Insurance

Lloyd’s John Neal and journalist Kate Adie to speak at MGAA annual conference 2019

The Managing General Agents’ Association (MGAA) have revealed Lloyd’s CEO John Neal and journalist Kate Adie will speak at its fifth annual conference in London on 2 July 2019.   22 May 2019

Insurance

Former Lloyd’s CFO John Parry resurfaces at Armour Group

Former Lloyd’s of London’s chief financial officer John Parry has joined Bermuda-based insurance group Armour as its group CFO.   22 May 2019

Insurance

Brit appoints new head of outwards reinsurance from Aviva

Specialty re/insurer Brit has appointed James Drew as head of outwards reinsurance, based in London.   21 May 2019

Insurance

Korean Re sets up European reinsurance hub in Switzerland to drive overseas business

Seoul-based reinsurer Korean Re has launched a new reinsurance subsidiary in Zurich, Switzerland as part of its expansion strategy in the European market.   20 May 2019

Insurance

Capsicum Re bolsters Bermuda operations with ex-Amlin hire

Specialist reinsurance broker Capsicum Re has appointed Tom Mills to its Bermudian operation, in a move aimed at growing its presence on the island as it enters fifth year of trading since opening its office in 2014.   20 May 2019

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