News

Insurance

RenRe closes $1.5bn Tokio Millennium Re acquisition; AM Best removes reinsurer from 'under review'

Bermuda-based RenaissanceRe Holdings (RenRe) has completed the acquisition of Tokio Millennium Re (TMR) following the receipt of all necessary regulatory approvals.   25 March 2019

News

Burnt by the Fyre: lessons in festival insurance

Two years on from the failure that was the Fyre Festival, what lessons can be learned in terms of obtaining event insurance? Intelligent Insurer investigates.   18 March 2019

Insurance

AIG unit Validus Reinsurance plans expansion into Canadian reinsurance market

Bermuda-based Validus Reinsurance, a part of American International Group (AIG), is planning to establish a new reinsurance branch in Canada.   13 March 2019

Insurance

BMS 2018 annual profits bumped up to £100m; CEO Cook lauds "remarkable results"

Specialist re/insurance broker BMS Group posted a 25 percent increase in its 2018 revenues, mostly driven by growth in its London wholesale and US reinsurance businesses, according to CEO Nick Cook.   13 March 2019

Insurance

Lloyd's Channel Syndicate names Ackland as chief commercial officer

SCOR-backed Channel Syndicate 2015 at Lloyd’s has appointed Matt Ackland as chief commercial officer of the London platform.   13 March 2019

Insurance

Qatar General Insurance appoints Al-Efrangi as new CEO

Qatar General Insurance and Reinsurance Company has appointed Hassan Ahmed Hassan Al-Efrangi as new group chief executive officer.   13 March 2019

Insurance

RenaissanceRe gets green light for $1.5bn Tokio Millennium Re acquisition

Bermuda-based RenaissanceRe Holdings (RenRe) has received all regulatory approvals required in connection with its acquisition of Tokio Millennium Re and Tokio Millennium Re (UK).   13 March 2019

Insurance

Brokerslink consolidates European presence with ex-AIG hire

Brokerslink, a global network of independent brokers, has recruited a new regional manager for Europe to grow its business on the continent.   21 February 2019

Insurance

JBA broadens access to Sri Lanka flood model via Simplitium’s ModEx platform

Flood risk modeller JBA Risk Management has released its Sri Lanka flood model on Simplitium’s ModEx platform. The initiative aims to broaden accessibility to the Sri Lanka model for both the insurers and the wider Disaster Risk Reduction (DRR) community.   20 February 2019

Insurance

Sirius unaffected by liquidity problems at parent CMIG: AM Best

AM Best has determined that Sirius is sufficiently independent of parent company China Minsheng Investment Group (CMIG) to be unaffected by reported liquidity issues at the Chinese company.   18 February 2019

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