Reinsurance
Lloyd's Vision 2025: Building an empire
The Lloyd's market is in bullish mood as it plots global domination with the Vision 2025 plan.
Global insurance federation vows advocacy role
Thirty-one insurance associations representing 87% of the worldwide insurance business formally established the Global Federation of Insurance Associations today.
Chinese market must target sustainable growth
After a period of rapid expansion, the Chinese insurance market must adjust for sustainable and healthy growth, according to a report by AM Best.
Catlin names chief science officer
Catlin has appointed Michael Maran as chief science officer.
Swiss Re CIO to step down
Chief investment officer David Blumer is to depart Swiss Re on 1 November.
Miller opens Paris base
Miller Insurance Services has opened an office in Paris with a view to increasing its reinsurance presence in Europe.
Miller opens Paris office
Specialist broker Miller has opened an office in Paris in a bid to increase its reinsurance presence in Europe.
Blumer to exit Swiss Re
Swiss Re's chief investment officer, David Blumer, will leave the company in November, a statement on the firm's website revealed today.
Economic loss from Asia flooding nears $8bn
Flooding in Asia, and particularly China, has generated economic losses of more than $7.5bn, according to Aon Benfield.
Pioneering insurance professor passes away
Emeritus professor Robert Carter, a pioneer of university teaching and research in insurance and risk management, has died.
RMS updates Japan quake model
Catastrophe modelling firm Risk Management Solutions has released an update to its Japanese earthquake model, factoring in lessons from last year's Tohoku quake.
Munich Re chief laments China's poor rate of quake cover
Nikolaus Von Bomhard has implored China to create a public-private partnership to provide earthquake protection for businesses and citizens in the country.
UIB director Philip Loasby dies
Reinsurance broker UIB has announced that company director Philip Loasby has died.
Liberty Syndicates boosts new speciality products team
The Lloyd's operation of Liberty Mutual has recruited Simon Stokoe to its recently launched speciality business.
Torus gets Buffett backing
International insurer and reinsurer Torus has received a capital injection from National Indemnity Company, a subsidiary of Berkshire Hathaway.
Grant Thornton appointed as Gibraltar insurer Lemma goes into liquidation
Lemma Insurance Company has gone into liquidation, the Gibraltar Financial Services Commission has confirmed.
Hannover Re develops reinsurance for Ukraine market
German insurer Hannover Re has developed a bespoke reinsurance programme for the Ukranian market, according to a report by Romania-based news agency Xprimm.
Reinsurers look to underwriting results as investment yields fall
The investment returns achieved by reinsurers have fallen significantly during 2012 as Eurozone fears drive a flight to higher grade securities perceived as less risky, according to Guy Carpenter.
Lloyd's backs IPO access for small companies
Lloyd's of London has welcomed lower barriers to entry to the London Stock Exchange for small companies.
Guy Carpenter opens Greek office
Guy Carpenter & Company has opened a reinsurance intermediary office in Athens.
Tawa sells reinsurance businesses
UK insurer Tawa is to sell 100% of its shares in KX Reinsurance and its subsidiary OX Re to Catalina for a maximum of $30m.
Munich Re considers ILS fund
Munich Re may launch a fund to allow investors to buy catastrophe bonds and other insurance linked securities to meet the growing demand for instruments linked to natural disasters.
AGCS names new EMEA aviation head
Allianz Global Corporate & Specialty has promoted Henning Haagen to global head of aviation Europe, Middle East, Africa and Asia Pacific with effect from 1 January 2013.
'Super cedants' force reinsurers into caution
Consolidation among insurers means that catastrophe reinsurers could be more exposed to shocks on exposures, according to a study published today.