Reinsurance
Axis Capital and Partner Re agree £7.3bn merger
Axis Capital and Partner Re have agreed terms on a £7.3bn ($11bn) merger to create one of the largest reinsurers in the world.
Brokers, insurers and reinsurers unite for microinsurance push
Nine brokers, insurers and reinsurers are combining in an attempt to add scale and reduce distribution costs of microinsurance.
Less motor emphasis will help spur China premiums, says Swiss Re
China's target of 5% insurance GDP penetration is achievable despite its ambitious target of doubling per capita premiums.
Capsicum looks to Guy Carpenter for partner hire
Guy Carpenter Facultative UK property and energy head Malcolm Payton is to join Capsicum Re as a partner and head of its facultative reinsurance division.
Emerging Asia's premiums grew 12.7% in 2014, says Swiss Re
General insurance premiums in Asia grew 6.6% when stripping out inflation in 2014 according to reinsurance giant Swiss Re with emerging Asia leading the way.
RMS partners with China Re's Lloyd's venture
Risk modeling firm RMS will support China Re’s Syndicate 2088 the first Chinese direct investment into Lloyd’s.
RGA introduces COO role for Asia
Global health and life reinsurer the Reinsurance Group of America has made several senior management changes in Asia.
Evidence for reinsurance reforms expected to centre around regulation and tax
The cost of regulation, tax and immigration are the themes expected to come under the microscope following a plea for evidence on potential reinsurance reforms by City minister Andrea Leadsom MP.
Partner Re obtains Singapore license
Reinsurer Partner Re has been granted a life and non-life license in Singapore by the Monetary Authority of Singapore.
Guy Carpenter boss predicts further shrinkage in reinsurance buying pool
The reinsurance buying pool is likely to continue its ten year reduction, according to Guy Carpenter EMEA operations CEO Nick Frankland, who has called for perspective in relation to falling renewal rates.
Partner Re Wholesale planning to double MGA partners in 2015
Partner Re Wholesale has outlined its plan to double the number of managing general agents it partners with to 20 this year.
Japan snowstorms were largest insured loss in 2014
Japan's snowstorms last February cost insurers $3.1bn (£2.05bn) which was the largest amount claimed for a natural catastrophe in 2014.
Korean Re to establish Lloyd's subsidiary
Top 10 reinsurer Korean Re aims to start a £10m joint venture unit in London by the end of the year.
Soft reinsurance market fueled by low 2014 cat losses
Declining catastrophe losses in 2014 has been cited as a major factor behind the softening rating environment at the January renewal period, according to global reinsurance broking players.
BMS returns to Cooper Gay to beef up specialty reinsurance team
Cooper Gay & Co reinsurance division director Steven Herbert has joined BMS where he will take on the role of director of the specialty reinsurance division.
Alternative capital to target property, business interruption says Aon
The role of capital markets in reinsurance is likely to continue to grow, according to Aon, which has forecast that investors may seek to expand into new classes of business.
Brit launches Bermuda SPV for catastrophe capacity
Speciality insurer Brit has created a new special purpose vehicle to provide capacity support for its property treaty portfolio for 2015.
Reinsurers forced to adapt models as rate pressure continues at January renewal
Tough times continued for reinsurers at the 1 January renewals as rate reductions, low investment returns and the continued influx of alternative capital offered little respite for struggling firms, according to the latest report from Willis Re.
Future sustainability of Pool Re to be achieved by modernisation in 2015
The Pool Re board is aiming to complete its modernisation of the 22-year-old terrorism facility by the end of next year.
Pool Re-style cyber terrorism facility could stimulate the market for insurance
Cyber insurance concept raised at CFC Cyber Symposium
Government lays out intention to attract more reinsurance business to UK
Government is to report on progress in attracting more reinsurance business to the UK at Budget 2015, according to today's Autumn Statement.
Insurers to remain reliant on Pool Re in face of large potential losses
Insurers are likely to continue to participate in Pool Re despite the proposed levy increase, according to a briefing from AM Best.
African reinsurer One Re gets UK regulatory approval
One Re, a reinsurer focusing solely on business from Africa, has received approval by the Prudential Regulation Authority and the Financial Conduct Authority.
China Re starts standalone Lloyd's syndicate
China's largest reinsurer has gained permission for Syndicate 2088 to be a standalone reinsurance entity to be managed by Catlin Underwriting Agencies.