Reinsurance
THB Group names Botelho as European director
Specialist insurance and reinsurance broker, THB, has appointed Rodrigo Botelho as director of its European division.
Beazley's H1 profit up 6% thanks to speciality lines and investment gains
Lloyd's of London insurer Beazley reported a 6% rise in first-half pre-tax profit, thanks to growth in its US specialty lines business and investment gains.
Hannover Re completes acquisition of Lloyd's syndicate
German reinsurance giant Hannover Re has completed the acquisition of the UK holding company Argenta Holdings.
Nexus enters US market with Zon Re deal
Specialty managing general agent Nexus Group has acquired US personal accident treaty reinsurance MGA Zon Re.
Reinsurance rates fall in June and July renewals
Reinsurance market pricing has maintained the downward trend seen at the January and April renewals, despite first quarter deterioration for many reinsurers’ results, according to Willis Re.
Reinsurance supply hits new high as capital tops $605bn in Q1
Global reinsurer capital stood at a peak level of $605bn at 31 March 2017, an increase of 2% from the end of 2016, according to Aon Benfield.
Lloyd’s Secrett joins Tokio Millennium Re
Tokio Millennium Re has named Lloyd's interim head of underwriting performance Brian Secrett as chief underwriting officer.
Beazley gets green light for Dublin subsidiary
Specialist insurer Beazley has received the go ahead to convert its Dublin-based reinsurance company into an insurance company.
Neon appoints Mark Gibson as reinsurance and alternative capital director
Neon has appointed Mark Gibson as reinsurance and alternative capital director, effective immediately.
This Month: Prizes, picnics and personalities
Taxis working the Royal Albert Hall patch this week had their hands and seats full, chauffeuring well-dressed ladies and gentlemen to the prestigious British Insurance Awards
Willis Re names James Kent global CEO
Willis Re has announced that James Kent will succeed John Cavanagh as global CEO.
Analysis: London’s global reinsurance market share falling as rivals take a bigger slice
London Matters Report highlights key areas of concern
Compre launches Maltese insurance company
Compre is to establish an insurance company in the Republic of Malta.
Markerstudy injects capital to fix £109m solvency deficit
Markerstudy was forced to inject fresh cash into the business after falling short of its solvency requirement by £109m.
Ed appoints James Blacker as P&C managing director
Global reinsurance, wholesale and specialty broker Ed has appointed James Blacker as managing director of property and casualty.
Darag names Stuart Davies chairman
European run-off insurance company Darag has named Stuart Davies as chairman of the group.
Ogden change to cost industry £3.5bn
The change to the Ogden discount rate from 2.5% to negative 0.75% is predicted to cost the market £3.5bn across all lines of business.
Pool Re braced for first claims from Manchester attacks
Pool Re will soon receive the first claims from the Manchester terror attacks, its chief underwriting officer has confirmed.
Tysers sees revenue grow over 2016
Tysers saw its revenue increase 12.8% in 2016 to £52.8m from £46.8m in the previous year.
Helios acquires Nottus for £964,500
Helios has acquired Lloyd’s limited liability member, Nottus, as part of its strategy to increase underwriting capacity.
Ed names Wicks as non-marine reinsurance chair
Reinsurance, wholesale and specialty broker, Ed has appointed Ian Wicks as chairman of non-marine reinsurance.
Gen Re boss appointed MD for Guy Carpenter Benelux
Hans van Oort has been appointed as the managing director of Guy Carpenter Benelux and will be responsible for leading the company’s presence in Belgium.
London failing to stem reinsurance decline, says LMG
The London market is losing ground as a global centre for reinsurance and faces significant challenges in emerging markets and diversity, according to the London Market Group
Reinsurance pricing won't turn this year, says Fitch
Reinsurance pricing is unlikely to change its course over the next year, with soft market conditions expected to continue and further pricing declines anticipated, according to Fitch Ratings.