News

News

RGA CEO optimistic about growth opportunities

While reinsurance is facing challenging times in property/casualty (P&C), the environment for life & health reinsurance is looking increasingly attractive.   9 October 2017

Insurance

Lancashire expects up to $212m in nat cat losses

Lancashire Holdings said on Oct. 9 that it expects aggregate losses from recent nat cat events in a range of $106 million to $212 million after anticipated recoveries from its outwards reinsurance programme and the impact of outwards and inwards reinstatement premiums.   9 October 2017

Insurance

Acappella Syndicate appoints war, terrorism and political violence leader

Lloyd’s Acappella Syndicate 2014 has appointed Louise Bessant as divisional head of its war, terrorism and political violence insurance portfolio.   9 October 2017

Insurance

Probitas completes partnership with Saudi Re

Lloyd’s underwriting syndicate Probitas 1492 said on Oct. 9 that it completed a transaction with Saudi Re which removes all of Istmo Re group’s interest in Probitas.   9 October 2017

Insurance

DUAL North America replaces CEO

DUAL North America said on Oct. 6 that Justin Tweedie will be succeeded as CEO by Jon Beckham effective January 1, 2018.   9 October 2017

Insurance

Swiss Re’s ReAssure attracts ₤800m investment from Japan

Swiss Re has reached an agreement with Japanese insurance group MS&AD for an investment into ReAssure, its closed book business, of up to ₤800 million.   6 October 2017

Insurance

The Hanover expects up to $225m cat hit

The Hanover Insurance Group said on Oct. 5 that it estimates third quarter catastrophe losses to be in the range of $185 million to $225 million before taxes and net of reinsurance.   6 October 2017

Insurance

Argo Group poaches Travelers exec as international chief underwriting officer

Bermuda-based Argo Group International Holdings has appointed Steve Eccles as the chief underwriting officer (CUO) for its international business.   6 October 2017

Insurance

Navigators expects up to $70m pre-tax nat cat loss

Specialty insurer Navigators Group said on Oct. 5 that its estimated financial impact from natural catastrophes in the third quarter ranges from $50 million to $70 million before taxes.   6 October 2017

Insurance

Gallagher replaces UK small business and personal lines leader

Insurance brokerage and risk management firm Arthur J Gallagher has appointed Gareth Birch as managing director of its UK small business and personal lines division, taking over the role from Martin Oliver who is set to leave the business at the end of October.   6 October 2017

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