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Alternative Risk Transfer
Hong Kong reacts as it loses insurance business to Singapore
Hong Kong is losing insurance business to Singapore, but the local authorities are implementing an action plan to strengthen its position as Asia’s insurance hub.   17 August 2017
Insurance
Global insured losses from disasters fall in H1 2017
Global insured and economic losses declined year on year in the first half of 2017, according to preliminary sigma estimates.   17 August 2017
Insurance
XL Catlin poaches Willis Towers Watson UK retail broking head
Re/insurer XL Catlin has appointed Louise Piper as UK client and distribution director.   17 August 2017
News
Swiss Re creates new global contingency unit; appoints head
Swiss Re Corporate Solutions, the commercial insurance arm of Swiss Re Group, has created a global contingency and sports personal accident (PA) team, and appointed Jonathan Cole to head up the unit.   17 August 2017
Insurance
One Broker snaps up Gibbs Denley Insurance
UK's One Broker Group has acquired Cambridge-based Gibbs Denley Insurance Services (GDIS) to expand its products and services across the region.   15 August 2017
News
Reinsurance MGAs may be the next step in the intermediary market
The market for managing general agents (MGAs) is sprawling with new concepts, ideas, and projects.   14 August 2017
Insurance
Retail and industrial lines prompt Hannover Re parent to raise 2017 outlook
Hannover Re parent Talanx said Aug. 14 that it is raising its outlook for group net income in 2017 to around €850 million from around €800 million after a jump in first-half earnings.   14 August 2017
Insurance
MGA Crop Pro Insurance receives US regulatory approval
Crop Pro Insurance, a new managing general agent (MGA) specializing in crop insurance, received Standard Reinsurance Agreement (SRA) approval as an MGA from the US Department of Agriculture (USDA).   14 August 2017
Insurance
Brit taps XL Catlin exec to launch professional lines portfolio in US
Specialty re/insurer Brit has appointed Tom Bongi as executive vice president of professional lines at Brit Global Specialty USA (BGSU).   14 August 2017
News
Spinnaker picks TigerRisk roll-up tool to structure reinsurance portfolio
US property/casualty insurer Spinnaker has selected reinsurance broking and risk/capital management firm TigerRisk Partners’ TigerEye platform to structure its overarching corporate reinsurance portfolio and support its existing underwriting strategy, particularly for managing catastrophe exposures.   14 August 2017

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