News
Insurance
A decrease in Allianz’s exposure to US risks, combined with its steady use of capital markets risk transfer tools for those perils, means the insurer is finding it increasingly difficult to keep its traditional reinsurance partners happy in this market, according to Wolfgang Wopperer, global head of retrocession business at Allianz Re, which is responsible for the group’s retrocession portfolio. 20 October 2014
Insurance
The relationship between cedants and reinsurers has changed in fundamental ways in recent years—and the dynamic will continue to evolve as pressures on the market play out. 20 October 2014
Reinsurance
Conditions in the risk transfer world have rarely been more favourable to buyers. Yet while many are clearly leveraging their positions and seeking better deals, a surprising level of restraint exists as they also attempt to ensure their long-term traditional partners remain good business partners for the foreseeable future. 20 October 2014
Insurance
Insurer RSA has agreed to sell its Italian business to ITAS Mutua, an Italian mutual insurer. 19 October 2014
Insurance
ANV Holdings has appointed a head underwriter to lead its new excess non-marine liability line. 17 October 2014
Insurance
Third party capital coming into the insurance industry should be viewed as an opportunity and not a threat as long as insurers learn to adapt. 14 October 2014
Insurance
Alberta Investment Management Corporation (AIMCo), with its clients, Allianz Capital Partners (ACP) and Hasting Funds Management, are set to acquire Porterbrook Rail Finance, one of three major rolling stock leasing companies in the UK. 13 October 2014
article
The German Association of Public-Law Insurers has appointed Dr Katrin Burkhardt as its general manager. She has also been appointed as managing general agent of Deutsche Rückversicherung. 9 October 2014
Insurance
Allied World Assurance Company has acquired a minority stake in real estate private equity firm Blue Vista Capital Management. 8 October 2014
article
JLT Specialty Insurance Services (JLT USA), the US subsidiary of Jardine Lloyd Thompson, is to acquire part of Alliant Insurance Services’ energy business. 6 October 2014
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