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Available reinsurance capacity in Asia-Pacific is unlikely to be affected by the recent catastrophe losses in North America; as such, reinsurers will offer a “measured” response in the region, George Attard, head of Aon Benfield Analytics, Asia Pacific, told SIRC Today. 1 November 2017
Insurance
Swiss Re has appointed Jason Richards as head of casualty reinsurance effective Nov. 1, 2017. 1 November 2017
Insurance
Property/casualty insurer Accredited Surety and Casualty Company (ASC), a subsidiary of Randall & Quilter (R&Q), has stricken an agreement with Forestry Insurance Company for its commercial auto liability business in South Carolina and Georgia. 1 November 2017
Insurance
Aon Groep Nederland completed its acquisition of Unirobe Meeùs Group (UMG) from Aegon for €295 million, according to a Nov. 1 statement. 1 November 2017
Insurance
Specialist insurer Beazley has launched two comprehensive suites of financial lines products in Asia, according to a Nov. 1 statement. 1 November 2017
Insurance
Mutual insurance association The Standard Club has appointed Cesare d’Amico, of d’Amico Societa di Navigazione SpA, as Chairman of its board, according to a Nov. 1 statement. 1 November 2017
Insurance
Bermuda-based Fidelis Insurance said that it has launched its first managing general agent (MGA), Radius, which will focus on niche specialty treaty excess of loss business such as cyber, nuclear and PA Retro. 1 November 2017
Insurance
Bermuda-based specialty property/casualty re/insurer Sompo International Holdings has launched an integrated platform initiative to provide agriculture insurance and reinsurance solutions across the globe, according to an Oct. 31 statement. 1 November 2017
Insurance
Bermuda-based re/insurer RenaissanceRe reported a net loss of $504.8 million for the third quarter of 2017 as the company had to absorb significant natural catatastrophe losses from hurricanes and earthquakes. 1 November 2017
Insurance
Risk management provider Artex Risk Solutions is acquiring Chandler Insurance Management, according to an Oct. 31 press release. 1 November 2017
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