All the headlines from our Reinsurance Topic Page, ordered by recency.
Mar 3 2022 // LONDON — Britain will ban Russian companies from the multi-billion dollar aviation and space insurance market in London, the world’s largest commercial and speciality insurance center, the finance ministry said on...
Feb 28 2022 // Although Berkshire Hathaway’s biggest insurance operation GEICO reported a 63 percent drop in pretax underwriting income in 2021, overall the conglomerate’s insurance and reinsurance operations saw pretax...
Feb 28 2022 // This edition of International People Moves details appointments at Euler Hermes, Gallagher Re and Marsh.A summary of these new hires follows here. Rosa Appointed CEO of Euler Hermes World AgencyEuler Hermes, the world...
Feb 18 2022 // This edition of International People Moves includes appointments at AXA XL, International General Insurance Holdings and MGA Aqueous Underwriting.A summary of these new hires follows here. AXA XL to Promote De Rosa to Head...
Feb 15 2022 // This edition of International People Moves details appointments at Conduit Re, Brit Ltd. and Oneglobal Broking.A summary of these new hires follows here. Conduit Re Names Roberts as Chief Underwriting OfficerConduit Re...
Feb 15 2022 // There were 418 completed mergers and acquisitions (M&A) worldwide in the insurance sector in 2021, up from 407 the previous year, according to a report published by law firm Clyde & Co.Activity was driven by a...
Feb 9 2022 // Bermuda-based re/insurer Vantage Group Holdings Ltd. announced that funds managed by Carlyle and Hellman & Freidman have committed up to an additional $200 million of capital to fund the continuing growth of Vantage,...
Feb 8 2022 // SCOR reported 19.0% premium growth during the January property/casualty (P/C) reinsurance renewals and an overall average P/C price increase of 4.9%.SCOR said the 19% premium growth figure includes a large structured...
Feb 3 2022 // This edition of International People Moves details appointments at legacy acquisition specialist Catalina Holdings (Bermuda), Willis Towers Watson (WTW) and BMS Canada.A summary of these new hires follows here. Legacy...
Feb 3 2022 // The Texas Windstorm Insurance Association Board voted Feb. 2 to select Aon to perform catastrophe modeling analysis to satisfy the Board’s statutorily required determination of the Association’s 1-in-100-year...
Feb 1 2022 // Greenlight Re Innovations (GRI), part of Cayman Islands-headquartered Greenlight Capital Re Ltd., has received “in-principle” approval from Lloyd’s to establish an insurtech-focused syndicate.Syndicate...
Jan 19 2022 // This edition of International People Moves details appointments at Hamilton Re, Willis Towers Watson and Howden Re.A summary of these new hires follows here. Hamilton Appoints AIG’s Friston for Financial Lines...
Jan 19 2022 // Loss-affected lines of business, such as property catastrophe in Europe, cyber or retrocession, continued to see significant price increases during the January 2022 reinsurance renewals, while loss-free lines of business...
Jan 14 2022 // This edition of International People Moves details appointments at Everest Re, HDI Global and Aon.A summary of these new hires follows here. Everest Re Promotes Klinger to Head of Int’l ReinsuranceEverest Re Group...
Jan 13 2022 // The trailing impacts of premium and loss trends on the books of property/casualty reinsurers makes the 2022 outlook for reinsurers rosier than the profit outlook for primary insurers, a Fitch Rating analyst said.Longer...
Jan 10 2022 // This edition of International People Moves details appointments at re/insurer SiriusPoint, specialty MGA Banyan Risk and reinsurer SCOR.A summary of these new hires follows here. SiriusPoint Ltd., the Bermuda-based global...
Jan 7 2022 // Fortitude Re announced the formation of a Bermuda multi-line reinsurer and the acquisition of a U.S. life insurer.In addition, Fortitude Re’s subsidiary, Fortitude Reinsurance Co. Ltd. (FRL), Bermuda’s largest...
Jan 6 2022 // MS Amlin Underwriting Ltd. (MS AUL), the Lloyd’s global specialty re/insurer, announced its Singapore-based operation has launched its second local special purpose reinsurance vehicle (SPRV).Called Phoenix 2 Re Pte....
Jan 5 2022 // Frustration is setting in for commercial insurance buyers subjected to multiple years of price rises, especially those that have improved their risk profiles by de-risking and elevating risk management, according to a...
Dec 15 2021 // This edition of International People Moves details appointments at Allianz Global Corporate & Specialty, Aon’s Reinsurance Solutions team and Arrow Risk Management.A summary of these new hires follows here. AGCS...