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Europe a challenging environment for small reinsurers
News
A growing number of larger insurers in Europe have restructured their reinsurance programmes whereby they place centralised multi-risk covers through global broker programmes—a trend that has made life tougher for smaller reinsurers.   22 October 2018
Reinsurance is now an execution market: PartnerRe
Insurance
It’s too early to assess the impact of Hurricane Michael on the re/insurance industry, Charles Goldie, chief executive officer of property & casualty at PartnerRe, told Baden-Baden Today.   22 October 2018
UnipolRe’s biggest team in Baden
Insurance
UnipolRe, the Dublin-based reinsurer backed by Italian insurer UnipolSai Assicurazioni, has sent its largest ever team to Baden-Baden this year as it looks to consolidate the healthy growth it has enjoyed in the region.   22 October 2018
Insurance
Former DARAG CEO and current SOVAG chairman Arndt Gossmann has revealed plans to create a new risk carrier focusing on portfolio restructuring of non-life insurers in Europe with Munich Re as its reinsurance partner.   19 October 2018
Insurance
Broker Marsh is “simplifying” the business structure, a move that is expected to profitability and allow for investments, management explained during the group’s second quarter 2018 earnings call.   27 July 2018
News
Swiss Re estimates its preliminary combined claims burden from recent large natural catastrophes in the third quarter of 2018 at approximately $1.1 billion, net of retrocession and before tax, dominated by weather-related losses in Japan.   18 October 2018
Alternative Risk Transfer
Freddie Mac, the US government-sponsored enterprise that provides liquidity to the US mortgage markets by buying mortgages from lenders, transferred a new type of risk into the reinsurance markets as part of an ongoing expansion of its risk transfer programme.   4 January 2019
Insurance
Specialty insurance group Tokio Marine HCC is acquiring Thurmaston-based Qdos Contractor, a provider of insurance products and services to the UK independent contractor and freelancer market via an online digital delivery platform.   11 June 2018
Insurance
Zurich Insurance has entered into a new long-term capacity deal with Harrogate-based specialist agricultural insurer Rural Insurance.   10 October 2017
Insurance
Mercer, a subsidiary of Marsh & McLennan Companies, has appointed Rohit Mehrotra as new chief executive officer (CEO) of Mercer Digital, the firm's new business covering digital solutions.   20 July 2017

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