News
Insurance
US specialty insurer RLI has appointed Todd Bryant to replace Thomas Brown as the company's chief financial officer (CFO) from July. 8 May 2019
Insurance
Ryan Specialty Group (RSG) has teamed up with insurance and financial services provider Nationwide to launch a new reinsurance company based in Bermuda, Geneva Re. 7 May 2019
Insurance
The General Court of the European Union has backed the European Commission decision to approve CCR’s natural disaster reinsurance scheme based in France despite objections from French reinsurer SCOR. 7 May 2019
Insurance
The market is now well overdue a fundamental correction in pricing, something Stephen Catlin will look to capitalise on with his new venture Convex Group, unveiled yesterday (Tuesday May 1). He claims that losses in the industry have been so severe in recent years they are on the verge of destroying capital – something that should prompt a radical change. 1 May 2019
Insurance
Insurance veteran Stephen Catlin and Paul Brand have launched a new specialty re/insurer focused on complex risks with an initial capital commitment of $1.8 billion, and an "exceptional group" of underwriting experts. 30 April 2019
Insurance
US insurance sector deal value dropped in the first quarter of 2019 compared with the same three months in 2018, research from PWC revealed, despite a “surge” in the number of M&As among property and casualty companies. 25 April 2019
Insurance
Analysis of the solvency regimes in China and Japan suggests that both countries will benefit from developments that make them more transparent, a report from Moody’s has said. 25 April 2019
Insurance
Specialist insurer Markel International has appointed Lee Zong Wen as assistant underwriter in its trade credit and political risk team in Singapore. 25 April 2019
Insurance
Fitch Ratings has placed Sirius International Group's ratings on Rating Watch Negative, driven by a "deepening debt and liquidity crisis" at China Minsheng Investment Group Corp (CMIG), which owns approximately 80 percent of Sirius's common shares on a fully diluted economic basis. 25 April 2019
Insurance
Specialist re/insurance provider Pro Global Insurance Solutions is acquiring Vibe MGA Management, the MGA incubator business of Vibe UK, which owns Lloyd’s managing agent Vibe Syndicate Management. 25 April 2019
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