Reinsurance
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.
Hiscox posts drop in pre-tax profit for H1
Hiscox posted a reduction in gross written premium to £978.9m for the first six months, down from £1.02bn in the first half of 2013.
Guy Carpenter appoints head of EMEA & international P&I
Guy Carpenter has appointed Simon Smith as head of international protection and indemnity as well as overseeing the Europe, Middle East and Asia region.
Willis deputy CEO Hearn handed UK leadership
Willis UK chief executive David Martin has been handed a newly created role as the broker’s global leader of placement, with deputy group CEO Steve Hearn replacing him in leading the UK business.
Market pressures driving price decreases at July renewals
Market pressures at 1 July renewals are continuing to drive price decreases across most countries and lines of business, according to Guy Carpenter.
Stephenson appointed as Cooper Gay and NMB reinsurance CEO
Cooper Gay and Newman Martin and Buchan have appointed Martin Stephenson as chief executive for their combined reinsurance business.
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
Softening reinsurance market showing 'no sign of relief' says Willis
The reinsurance sector is seeing significant rate reductions as the excess capital supply in the market continues to chase muted demand, according to Willis Re.
Ex-Guy Carpenter boss Flandro joins JLT Towers Re
JLT Towers Re has swooped to make Guy Carpenter’s David Flandro its global head of strategic advisory.
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.
MIB plans PPO research after mortality rates found to be higher than expected
Figures suggest reinsurers are becoming ‘marginally more comfortable’ with PPOs
JLT Towers Re Bermuda launches following acquisition
JLT Towers Re has launched a combined operation in Bermuda following JLT Re’s acquisition of Towers Watson Re’s global operations.
Willis' Hearn appointed Liiba chair
Willis Group’s deputy chief executive officer Steve Hearn has been elected chairman of the London & International Insurance Brokers’ Association.
Alternative reinsurance capacity 'here to stay' after record 2013 ILS issuance
Insurers will continue to find plentiful reinsurance capacity for property-catastrophe risks following rate reductions secured in the January 2014 renewals, according to Guy Carpenter.
Ageas reinsurance claims boss Gunter to retire next year
Ageas’ head of reinsurance claims Nick Gunter will retire at the end of March 2014 following 35 years at the insurer, Post can reveal.
Increased typhoon activity in East Asia expected, says Munich Re
Overall insured losses from weather events in the last three decades in East Asia have hit $6bn as floods and typhoons increase. The situation could be about to worsen.
Compre claims first in unlocking 'major barrier' to European runoff acquisitions
Reinsurance legacy specialist Compre Holdings has completed what it claims is the first ever cross-border demerger of insurance and reinsurance portfolios.
View from the Top: Climate change's impact on tropical storms
Following the release of the Intergovernmental Panel on Climate Change report, Peak Re’s Dr Graham Cook has conducted a study on the impact of climate change on potential tropical cyclone losses.
Hong Kong welcomes young UK reinsurance professionals
The Future Insurance Leaders in Hong Kong group, in partnership with the Insurance Institute of Hong Kong, hosted the 'The U35 Reinsurance Group' from the UK for a knowledge sharing forum and networking event on 23 September in central Hong Kong.