Stephen Punch will be in charge of regional clients and retrocession in Asia-Pacific for JLT Re from early next year.
Pool Re has launched the International Forum of Terrorism Risk Reinsurance Pools.
Sompo's president and CEO, Kengo Sakurada has said the Japanese insurer aims to build a business which competes on a global scale with its purchase of Endurance.
Randall and Quilter has taken on a portfolio of legacy exposures from Aviabel.
Data breaches, ransomware attacks and social media scams are all making the headlines and are the stuff of nightmares for risk managers. It’s not surprising then that the insurance industry has been occupied with trying to develop solutions that respond…
Sompo Canopius has appointed Thierry Pelgrin as head of continental Europe.
Reinsurance and global risks are by nature linked, since the reinsurance business is all about risk. To better understand reinsurance trends a look at the global risk landscape is required.
Swiss Re has reported a H1 net income of $1.9bn (£1.44bn), down from $2.3bn (£1.75bn) for the same period in 2015.
The Insurance Act is coming into force in two weeks and it will have a significant impact on reinsurers. Here is what they should watch out for in particular.
Blockchain could revolutionise the insurance and reinsurance industry.
Reinsurance rate softening has continued through the June/July renewal season and may “bump along the bottom for years”, according to Willis Re.
Insurance and reinsurance legacy specialist Compre has acquired Allianz IARD’s Ridgwell Fox & Partners pool legacy reinsurance business for an undisclosed sum.
WR Berkley has launched Berkley Insurance Asia to serve clients in Asia to complement its Asia-Pacific reinsurance operations.
Reinsurance capital fell 3.5% or $13bn (£9bn) in 2015 within traditional sources but non-traditional sources saw continued growth, up $70bn according to the latest Reinsurance Market Report from Willis Re.
Investment firm BP Marsh & Partners has acquired a 20% stake in Singapore-headquartered Asia Reinsurance Brokers for S$2.4m (£1.2m).
US broker BB&T has completed the purchase of Cooper Gay Swett & Crawford’s US unit for $500m (£352m) in cash.
Three board members at Helvetia Holdings will not stand for re-election, following the integration of the (re)insurer with Nationale Suisse and a planned reduction of Helvetia’s board.
Admiral Group's 3% reduction in its underwriting share announced in the company's 2015 full-year results today (3 March) will not have a significant financial impact on the business, according to chief financial officer Geraint Jones.
Hiscox’s pre-tax profit dropped by £14.9m to £216.1m in 2015 as the company reported increased gross written premiums of £1.94bn (2014: £1.75bn).
Global wholesale and (re)insurance broker Cooper Gay Swett & Crawford has sold its US arm Swett & Crawford to US broker BB&T.
French reinsurer Scor has posted an upgraded financial rating on the back of a 6.4% increase in 2015 gross written premiums to €13.4bn (£10.6bn).
Banks' reluctance to process payments is a major barrier for insurers wanting to conduct Iran-related business following European Union sanctions relief last month, while legal research has found remaining US primary sanctions are quelling the appetite…
Susanne Miller-van der Schild will take on the role of managing director at Guy Carpenter’s Benelux office, moving from SNS REAAL.
XL Catlin has begun the licensing process to establish a reinsurance branch in India.