News

Insurance

Tokio Marine looks to expand in Benelux surety market due to rise in demand and capacity providers

Specialty insurance group Tokio Marine HCC has hired senior Chubb and Euler Hermes executives to expand its international surety capabilities into Continental Europe. The company believes the region has experienced high demand and an increase in capacity providers in the last five years.   18 July 2019

Insurance

TMR stresses its resilience and global distribution

Tokio Millennium Re (TMR) is resilient and strong—but also nimble and ambitious, according to Brian Secrett, its chief underwriting officer.   12 September 2018

Alternative Risk Transfer

Hannover Re refuses to compete with its clients

Hannover Re is not interested in pushing into the corporate market, in contrast to its main competitors, which see it as a way of diversifying and boosting profitability, the company said at a Monte Carlo Rendez-Vous press conference yesterday.   13 September 2016

Insurance

Talanx reveals new CEO; reshuffles top leadership

Talanx, the parent company of Hannover Re, has appointed Torsten Leue as its new chief executive officer. The current CEO, Herbert Haas, will step down from the board of management at the request of the majority shareholder HDI.   10 November 2017

Insurance

Insurtech Corvus raises $10m to expand into commercial lines

Boston-based insurtech Corvus has raised $10 million Series A investment led by venture capital firm .406 Ventures and Hudson Structured Capital Management, with participation from Bain Capital Ventures.   27 November 2018

Insurance

A disciplined approach to pricing is now key for European reinsurers: Fitch

An ‘exercise in discipline’ is needed against a backdrop of low investment returns.   17 September 2020

Insurance

Solvency II timetable is not realistic without compromise

The rushed timetable leading up to the January 2016 implementation of Solvency II is not realistic and will cause implementation challenges and costs for insurers, the deputy director general of Insurance Europe has claimed.   9 March 2015

Insurance

Brit grows professional liability unit with Hiscox, Hartford hires

Specialty re/insurer Brit has hired Hiscox and The Hartford executives to bolster its Brit Global Specialty USA (BGSU) professional liability team.   29 May 2018

Insurance

China Life names successor to CFO who stepped down in August

China Life Insurance Company has appointed Zhao Lijun as chief financial officer (CFO). His nomination has been approved by China’s Insurance Regulatory Commission – CIRC.   25 November 2016

Insurance

Enstar finalises reinsurance-to-close transaction with Neon

Enstar Group-owned Lloyd’s managing agency, StarStone Underwriting has finalised a reinsurance-to-close transaction with Neon Underwriting, according to a Feb. 16 press release.   19 February 2018

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