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China's reinsurers are investing in technology and systems to support a rapid expansion of nonmotor and, in particular, catastrophe insurance in the country. These business lines will help sustain growth, although they could expose the sector to more profit volatility. 4 September 2018
Insurance
Guy Carpenter has hired a new head of strategy and client engagement within its international and global specialties divisions, with effect from October. 4 September 2018
Insurance
RSA Insurance Group's new European office in Luxembourg will be led by Richard Turner who previously oversaw the company's EU business from the UK, and has relocated to take up the role. 4 September 2018
Insurance
Broker Ed has hired a pair of experienced actuaries from Argo Group and AmTrust, respectively. 4 September 2018
Alternative Risk Transfer
Randall & Quilter Investment Holdings (R&Q) has completed a deal to reinsurer a portfolio of commercial auto liability risks for a US risk retention group (RRG). 4 September 2018
Insurance
Reinsurance broker JLT Re has appointed a head of cyber analytics. Jamie Pocock joined JLT in 2010 and has been a member of the JLT Re Analytics Actuarial team. 4 September 2018
Alternative Risk Transfer
Cyber is developing steadily: the ILS market has the potential to solve many of its challenges and Bermuda could sit at the heart of that solution. Tom Johansmeyer of PCS, Verisk Insurance Solutions, takes a look at a neglected period of time for the market. 30 August 2018
Insurance
Tough market conditions for global reinsurers is forcing them to review their long-term relevance and many are resorting to M&A to build scale, acquire expertise, and diversify, according to S&P Global Ratings. 24 August 2018
News
Hannover Re’s CEO Ulrich Wallin is stepping down and retiring in May 2019 after more than 35 years at the reinsurer. He will be replaced by Swiss Re’s Jean-Jacques Henchoz. 22 August 2018
Insurance
Jacob Scherer, Jr., chief insurance officer and executive vice president of property/casualty insurance group The Cincinnati Insurance Company, is to retire in August 2019. 21 August 2018
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