Reinsurance
Swiss Re denies Agnelli family stake sale
Swiss Re has moved to distance itself from reports linking the business with the sale of as stake to Italy’s Agnelli family.
Aon Benfield's Galizia to lead Latin America region
Aon Benfield has promoted Alejandro Galizia to chief executive officer for the Latin America region.
JLT launches business in Argentina
Broker JLT has established a business in Argentina to support the local and regional market.
Parabis looks to Mills & Reeve for insurance hires
Parabis Law has appointed three insurance law specialists from Mills & Reeve as partners.
Aviva safeguards staff pensions with record longevity deal
Aviva has moved to protect its UK staff pensions with a record breaking £5bn longevity transaction.
Guy Carp announces string of promotions
Guy Carpenter has appointed Massimo Reina as its Continental Europe, Middle East and North Africa chief executive among a string of other promotions within the business.
JLT’s Burke taking break to reflect on 'work-life balance'
Jardine Lloyd Thompson group chief executive Dominic Burke’s two month hiatus from the role will give him a chance to concentrate on work-life balance before returning to the company for an agreed “indefinite period”, according to bosses at the broker.
Buffett not changing plans for climate change
Key insurance investor Warren Buffett does not see climate change as a differentiating factor when reserving.
Guy Carpenter unveils satellite catastrophe evaluation
Reinsurance broker Guy Carpenter has launched a new satellite-based catastrophe evaluation service, GC CAT-VIEWSM.
Swiss Re's 2013 profits reach $4.4bn
Reinsurance giant Swiss Re increased profits and premiums last year.
Guy Carpenter launches cyber practice
Guy Carpenter has launched a cyber-solution specialty practice to develop cyber reinsurance to address the increasing risks associated with cyber security.
Admiral extends reinsurance deals to 2016
Admiral has added an additional year to reinsurance partnerships with Hannover Re, Mapfre Re, New Re and Swiss Re, extending contracts to 2016.
Munich Re's reinsurance division operating profits down 19%
In 2013, according to Munich Re's preliminary results, operating profits at its reinsurance arm reduced from €4.3bn in 2012 to €3.5bn last year (a reduction from €3.1bn to €2.8bn in its consolidated result).
Lloyd’s vs Asia: Is London losing its crown?
Could factors including economic growth in the East and increasingly burdensome UK regulation see Lloyd’s Asian hub in Singapore oust its London counterpart as the global centre of insurance?
Oasis project director says framework will cut costs and increase transparency
Loss-modelling platform includes models for flood, earthquake and tsunami.
Aon Benfield or Guy Carpenter tipped to take on Flood Re reinsurance role
Scheme’s organisers say summer 2015 implementation target will be met.
Industry-owned cat modelling framework launches
An industry-owned catastrophe modelling framework has launched today aiming to reduce costs and increase flexibility for its users.
Post magazine 2015 features list
Since January 2012, Post magazine has been running its features on a monthly, rather than an annual basis. For updates contact commissioning editor Rachael Adams.
Lancashire venture Kinesis commences underwriting
Lancashire Holdings subsidiary Kinesis Capital Management has underwritten its first tranche of reinsurance business for Kinesis Re with limits in excess of $250m (£151m).
Costa Concordia: Two years on
Two years after the Costa Concordia ran aground, it has finally been given a date to be removed. What has happened in the marine market in the intervening period?
S&P forecasts downgrades for reinsurers
Ratings agency Standard & Poor’s is predicting downgrades for reinsurers over the next two years due to increased competition and curtailed profitability.
Philippines promotes catastrophe risk financing initiative
The United Nations Office for Disaster Risk Reduction has teamed up with Willis Re and Munich Re to propose a new approach to catastrophe risk financing for the Philippines.
Hong Kong 'could become reinsurance centre'
Speaking at this week's Asian Financial Forum, China Investment Corporation (Hong Kong) chairman Laurence Lau Juen-yee said Hong Kong could develop into a reinsurance hub by utilising the large capital pool of the mainland.
Cooper Gay launches Australian wholesale division
Cooper Gay (Australia) has launched a new wholesale division for the Australian insurance market.