Reinsurance
China Re planning $2bn Hong Kong IPO
According to a report, China Re, the largest state backed reinsurer in China, is planning to raise up to $2bn through an IPO in Hong Kong.
Video: Minova Insurance Holdings group chief executive Dane Douetil
After 10 months in his role as Minova Insurance Holdings group chief executive Dane Douetil spoke with Post reporter Katie Marriner about the challenges facing the business and his experiences at the company so far.
Munich Re posts solid first half results
Munich Re posted a profit of €765m (£608m) for the second quarter of 2014, and a profit for the first half-year of €1.69bn (£1.34bn).
Life and health arm hits Swiss Re's profits in first half
Reinsurance giant Swiss Re had a 6% decrease in profit in the first half of the year to $2.03bn (£1.2bn).
WW1 Centenary: British Fire Offices & Continental Relations
On the centenary of the outbreak of the First World War Post looks back on some of the leader columns written for the magazine during this period. Today how the magazine covered British Fire Offices & Continental Relations.
Novae profit rises despite rating and currency conditions
Novae Group has attributed a five percentage-point improvement to its combined ratio to 90.8% (H1 2013: 95.8%) in the first half of this year to a positive claims experience, resulting in an 89.4% increase in underwriting contribution to £19.7m (H1 2013:…
Zhang takes up Canopius China role
Specialty insurer and reinsurer Canopius has appointed Shibo Zhang as head of China market.
Deloitte appoints agents for Gherkin sale
Deloitte has picked a pair of estate agents to oversee the sale of 30 St Mary Axe, better known as The Gherkin, after the building fell into receivership in April this year.
RFIB hires director for marine international division
Lloyd’s (re)insurance broker RFIB has appointed Malcolm Gray as a divisional director of its marine international division.
C-Suite: El Nino's impact on India
Although not fully formed, the weather phenomenon El Nino already appears to be impacting on rainfall in India writes Graham Cook.
Ecclesiastical promotes O’Riordan to replace retiring reinsurance boss Jones
Ecclesiastical has promoted internally to replaces its departing group head of reinsurance Andrew Jones.
Hg Capital buys Lloyd's software provider Sequel
Private Equity firm Hg Capital has acquired Sequel Business Solutions, a software and services provider to the Lloyd's and London market, in partnership with the Sequel management team.
Qatar Re recruits New Re’s Rappaz for group liability boss
Qatar Re has swooped for New Re’s head of casualty underwriting Stephan Rappaz.
Amlin increases stake in Leadenhall Capital Partners
Amlin has reached a non-binding agreement to increase its stake in investment manager Leadenhall Capital Partners.
JLT acquires stake in Sunidhi Group broking subsidiary
Jardine Lloyd Thompson has completed the acquisition of a 26% shareholding in Independent Insurance Brokers Private, the Mumbai and Chennai-based insurance and reinsurance broking subsidiary of Indian financial services business Sunidhi Group.
Market warns broadened terrorism coverage could impact reinsurers
Major changes to coverage offered at renewal include extended hours clauses
Career file - Jason Howard: Faber CEO Howard departs to lead Acappella
Jason Howard, chief executive of Willis facultative and wholesale reinsurance arm Faber Global, has left the firm to head up the newly formed Acappella Group Holdings
Helios agrees new reinsurance deals to free-up capital
Lloyd's-focused investment and underwriting outfit Helios Underwriting has secured several new collateralised reinsurance deals.
Competition leads reinsurers to drop terrorism exclusion clauses
Heightened competition for reinsurance renewal has resulted in reinsurers withdrawing the terrorism exclusion clauses that were introduced after the September 11 attacks.
Q&A - Michael Butt: The impact of climate change
Some 67 insurance and reinsurance chief executives recently signed The Geneva Association’s Climate Risk Statement in Canada. Michael Butt, chairman of Axis and co-chair of the association’s extreme events and climate risk working group, comments on the…
Peak Re appoints credit underwriter
Hong Kong-based reinsurer Peak Re has appointed Kathleen Koh as senior vice president to underwrite credit and surety business.
Munich Re's general insurance arm buys in Singapore
Ergo, a wholly owned subsidiary of Munich Re, has bought property and casualty insurer SHC Insurance for €66m ($90m).
Moody's revises outlook for global reinsurers as non-cat purchasing declines
Moody’s has revised its outlook for the global reinsurance sector over the next twelve to eighteen months to negative, as “pressures on several fronts” threaten to erode profit margins.
Peak Re appoints director for China
Hong Kong-based reinsurer Peak Re has appointed Helen Qian Mei Hong as director for China.