Reinsurance
Besso looks to make Dubai move
Besso Insurance Group is in the process of obtaining permissions to establish a reinsurance broking and managing general agency in Dubai.
International: Brazil - the unbreakable nut?
On the surface of it, Brazil seems like a prime target for insurers. However, behind the scenes there are issues which could slow down Brazil's growth into an insurance powerhouse
Nepal earthquake to have minimal impact on global reinsurers
A.M Best believes that the recent earthquake in Nepal is not expected to have a major impact on the current reinsurance market, but local and regional players will feel some adverse effects.
Europe: How did the Western Sanctions affect the Russian insurance market?
At the end of January the Council of the European Union agreed to extend existing sanctions against Russia. This move comes a year on from the introduction of the first set of sanctions, and now we can estimate its impact on the Russian insurance market.
C-Suite - Broker: Reinsurers in this new world
Reinsurers should stick to their core values of serving stakeholders, says David Flandro executive vice-president – global head of strategic advisory at JLT Re.
Sompo acquires 7.8% stake in Scor
Sompo Japan Nipponkoa Insurance has acquired a 7.8% stake in French reinsurer Scor.
International: A shortage of talent
With the number of qualified claims adjusters in Singapore falling by one-third over the past 10 years, the country is facing an acute shortage of talent
Canterbury earthquakes could cost Lloyd's £2.8bn
Lloyd's has paid out NZ$4.2bn (£2bn) for the 2010 and 2011 Canterbury earthquakes in New Zealand and estimates a further payout of NZ$1.6bn.
MMC CEO Glaser hails 'outstanding performance' of broking arm Marsh
Marsh & McLennan’s risk and insurance services business has reported revenue of $6.9bn (£4.5bn) in 2014, an increase of 5%, or 3% underlying revenue growth.
Reduced reserve releases impact Beazley profits
Beazley recorded an 18% reduction in profit after tax from $264m (£173.7m) in 2013 to $217.8m for the year ended 31 December 2014.
RGA introduces COO role for Asia
Global health and life reinsurer the Reinsurance Group of America has made several senior management changes in Asia.
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.
ABI holding off Flood Re contracts as government talks continue
The Association of British Insurers is holding off contracting with a managing agent and a reinsurance broker for the Flood Re scheme due to ongoing discussions with government around the initiative's secondary legislation.
Claims Club News: Periodic payment orders tipped to make up a third of insurers’ liabilities
Periodic payment orders could account for a third of insurers’ future liabilities amid increasing frequency in bodily injury claims, according to KPMG non-life actuarial partner David Brown.
Tokio Marine Kiln syndicates forecast to deliver profits for 2012 and 2013
Tokio Marine Kiln Syndicates 510 and 557 remain forecast to deliver profits for the 2012 and 2013 years of account, according to updated forecasts for the two years of account.
Brit shrugs off 'variable' market conditions after chalking up 4.9% GWP rise
Brit CEO Mark Cloutier is confident his firm will continue to deliver “healthy returns” for shareholders after the Lloyd’s insurer unveiled a 4.9% increase in gross written premium to £990.7m (Q3 2013: £944m) in the third quarter.
Munich Re hikes 2014 profit forecast beyond €3bn
Munich Re is confident it will now exceed a forecast full year profit of €3bn for 2014 following strong performance in Q3.
P&C sector sees largest reserve release since 2007, according to Guy Carpenter
The property and casualty sector recorded in 2013 the largest reserve release of the most recent accident year since 2007, according to research from Guy Carpenter.
AJG Re team transfers to Chilton's Capsicum Re business
Arthur J Gallagher’s reinsurance broking team has transferred to partner with Grahame Chilton’s Capsicum Re venture.
Reinsurance Rendezvous Preview: The full Monte
Key figures from the world of reinsurance give Post the rundown on the state of the sector and the issues likely to top the agenda at this year’s Reinsurance Rendezvous in Monte Carlo
Entry opportunities available as reinsurance market continues to soften
A softening reinsurance market is expected to continue to impact the reinsurance and Lloyd’s subsectors in 2015, according to a note published by Berenberg, which states that previous underperformance presents opportunities.
Gable partners with Berkshire in reinsurance deal
Liechtenstein-based insurer Gable has completed a deal that will see Berkshire Hathaway-owned Gen Re become a reinsurance partner.
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.