Reinsurance
Peak Re unveils positive first year results
In its first full year of operations Hong Kong-based reinsurer Peak Re has unveiled 2013 profits of $103m (£61.8m).
Peak Re starts life and health book
Hong Kong-based reinsurer expands by gaining a life license and building a new team.
Hiscox Re appoints Krefta as CUO
Hiscox Re has appointed Mike Krefta as chief underwriting officer, with responsibility for its underwriting teams in London, Bermuda and Paris.
Career development: ABI releases industry guide to non-modelled catastrophe risks
The Association of British Insurers has published an industry guide to better identify, assess and manage non-modelled aspects of global catastrophe risks.
Munich Re's Q1 2014 profit falls 5%; April pricing weakens 8%
Profits fell 5% in the first quarter at global reinsurer Munich Re and April renewal prices declined 8%.
Swiss Re posts net income of $1.2bn for Q1
Swiss Re reported net income of $1.2bn (£707m) for the first three months of 2014, aided by benign natural catastrophe experience during the quarter.
MIB plans PPO research after mortality rates found to be higher than expected
Figures suggest reinsurers are becoming ‘marginally more comfortable’ with PPOs
Peak Re forms Australian partnership
Peak Re and Sydney-based reinsurance consultancy MacquarRe have signed a co-operation agreement.
Singapore progressing on contract certainty; December deadline looms
Singapore reinsurance market on track to meet the December 2014 contract certainty deadline if more companies make an effort to engage.
Catastrophes 'manageable' as global reinsurers post solid profits
Global reinsurers posted solid underwriting gains in 2013, as catastrophe-related losses were manageable and loss reserve development remained favorable, according to Fitch.
CMC launches global insurance consultancy
CMC Insurance, a global consultancy aiming to rival the big four in the insurance and reinsurance space, has been launched by the team behind banking consultancy CMC Europe.
British Insurance Awards 2014 shortlist video
On 9 July 2014, Post will celebrate 20 years of the renowned British Insurance Awards, and what a spectacular two decades it has been.
Reinsurer capital up 7% in 2013
Global reinsurer capital totalled $540bn at December 31, 2013, an increase of 7% ($35bn) over the year according to Aon Benfield Analytics.
Coface signs agreement with Nippon Export and Investment Insurance
Nippon Export and Investment Insurance (NEXI) has signed an agreement with trade credit insurer Coface providing reinsurance for Japanese companies trading overseas.
Barbican hires international casualty underwriter
Barbican Insurance has recruited Faraday Re’s Tim Mackenzie as an underwriter in the firm’s international casualty reinsurance division.
Ng joins Miller from China Taiping in Hong Kong
Joe Ng has joined Miller’s team in Hong Kong in a treaty reinsurance business production role.
Reinsurance rates softened at April renewals, says Willis Re
According to reinsurance broker Willis Re, reinsurance rates softened across all lines at the 1 April renewals including reductions of up to 20%.
Enstar completes Torus acquisition
Enstar Group has completed the previously announced acquisition of global specialty insurer, Torus Insurance.
Peak Re appoints from Marsh for head of claims
Peak Re has appointed Sophia Chiu as senior vice president for claims.
Global cat losses down 44% for 2013
Global insured losses from catastrophes have almost halved in 2013, dropping to £27bn according to a new study from Swiss Re.
Voice of the Future: Matthew Jones
Post talks to talented newcomers about what attracted them to insurance. This week it's the turn of Matthew Jones, business development manager, Swiss Re.
Willis launches representative office in Myanmar
Broker Willis has opened a representative office in Myanmar following a “growing wave of interest” from clients.
External forces driving risk management transparency says Guy Carp
Transparency on risk management targets and practices is improving according to reinsurance broker Guy Carpenter, with regulatory and market forces said to continue the trend.
Missing Malaysian plane unlikely to affect rates in aviation market
Fate of Malaysia Airlines flight MH370 unknown after disappearing on 8 March.