Swiss Re’s Matthias Weber is to step down as group chief underwriting officer.
Reinsurance giant Swiss Re has reported a 45% drop in fourth quarter net profit, citing costly natural catastrophe claims for the fall in profit.
Scor Global P&C reported gross written premiums of €5.3bn (£4.4bn) at the end of 2016, an increase of 1.2% at constant exchange rates.
Global speciality insurer MS Amlin has joined Flood Re with accessibility for the renewal of new business beginning 1 March 2017.
Neon has appointed of Nick Pritchard as head of property reinsurance.
Global insured natural catastrophe losses totalled $39.5bn (£31.3bn) in 2016, the highest market losses since 2012’s $60bn, according to Willis Re.
London market broker Ed has appointed Andy Wakefield as managing director of marine and energy reinsurance.
Bermuda-based Argo has closed its acquisition of Lloyd's insurer Ariel Re.
Beazley reported a 3% increase in full-year pre-tax profits of $293.2m (£234m) thanks to strong investment returns and a benign claims environment.
London market insurance and reinsurance provider Ed has appointed Neil Perry as chief financial officer.
Flood Re is on track to back 130,000 policies in its first year of operation, the scheme’s chief financial officer Adam Golding told Post.
Swiss Re and XL Catlin have both received the go-ahead from the Insurance Regulatory and Development Authority of India to open a branch in Mumbai.
AIG has agreed a $34bn (£27bn) legacy deal with National Indemnity Company, a subsidiary of Berkshire Hathaway.
Lloyd’s of London is to open a reinsurance branch in India, in time for the April reinsurance renewals.
Neil McConachie, group chief financial officer and co-founder of Fidelis, is leaving the firm.
Global insurance and reinsurance firm Brit has renewed and expanded its collateralised reinsurance sidecar Versutus.
Reinsurers face a demanding year of cost-cutting after the December contract renewal season delivered weaker prices for the fifth year in a row.
Insurers and reinsurers will only be too aware of the insured losses that arise on an annual basis from the UK construction industry.
One year after Storms Desmond and Eva, schemes are now available to make cover affordable for households and small businesses in areas at risk of flooding. As barriers to resilient repairs persist, the focus is shifting to a more precise mapping of the…
The legal environment for the settlement of serious injury claims in the UK changed radically with the introduction of Periodic Payment Orders.
Negotiations between the US and EU surrounding a bilateral agreement on reinsurance has been reiterated.
Planning the response to large-scale catastrophes is a must for all general insurers.
Munich Re is considering plans to provide its insurance services to Iran following sanctions relief at the beginning of the year, according to Iranian news broadcaster Press TV.
Richard Trubshaw, a property underwriter at Managing Agency Partners, has been named London’s leading underwriter based on broker nominations, according to a new report.