All the headlines from our Reinsurance Topic Page, ordered by recency.
Jun 30 2017 // QBE Chile Seguros Generales S.A. has completed a management buyout by purchasing the company in May 2017 from QBE Latin America Insurance Holdings.Financial details of the transaction were not disclosed. Following the...
Jun 23 2017 // The global reinsurance sector is poised for yet another full year of declining rates, ensuring that a hoped-for bottom of the current market cycle will remain elusive in 2017, Standard & Poor’s said in a new...
Jun 19 2017 // Arch Reinsurance Co. announced that François Dagneau will be appointed to the position of chief executive officer of the Arch Reinsurance Co. Canada Branch in June. Dagneau will replace Patrick McGuiness, who is retiring...
Jun 19 2017 // The U.S. property/casualty insurance industry, which has been facing rising claims bills for extreme weather events, mostly reacted with silence to President Donald Trump’s decision to withdraw the country from the...
Jun 19 2017 // The Texas Windstorm Insurance Association (TWIA) says it is financially sound and ready for the 2017 hurricane season after once again securing $4.9 billion in total funding.TWIA is the insurance carrier of last resort for...
Jun 15 2017 // House lawmakers are weighing seven proposals to renew and reform the federal flood insurance program, an area where there is a good amount of bipartisan agreement that something should be done and even on what to do.The...
Jun 13 2017 // Peak Reinsurance Co. Ltd., a Hong Kong-based reinsurer, has been granted the approval-in-principle by the Labuan Financial Services Authority to carry on general reinsurance business in and through the Labuan insurance...
Jun 12 2017 // Asta, the Lloyd’s third party managing agent and specialist MGA investor, announced that Dubai-based Arma Underwriting Ltd. has received full approval from all regulators and commenced operations last...
Jun 9 2017 // Second of Two Articles There has been a lot of press – and perhaps hype – about blockchain and its potential to revolutionize the industry’s processes and ultimately improve the customer experience.However, the...
Jun 8 2017 // Topa Insurance Co. has named Olive Chang assistant vice president of reinsurance and programs.Chang will be located in the Calabasas, Calif. office. She will manage reinsurance and programs operation, quality control of...
Jun 8 2017 // 1347 Property Insurance Holdings, Inc., a property and casualty insurance holding company based in Tampa, Fla., has appointed Dan Case to the position of chief operating officer.Case will be responsible for strategies and...
Jun 6 2017 // The U.S. property/casualty insurance industry, which has been facing rising claims bills for extreme weather events, mostly reacted with silence to President Donald Trump’s decision to withdraw the country from the...
Jun 6 2017 // Global reinsurance and specialty insurance broker Ed has named Ian Wicks as chairman of non-marine reinsurance. Wicks brings 40 years of experience in the insurance industry to Ed. He joins from Willis Re, where he served...
Jun 6 2017 // Heritage Insurance Holdings, Inc., a property and casualty insurance holding company, announced that its insurance subsidiaries, Heritage Property & Casualty Insurance Co. and Zephyr Insurance Co., have completed the...
Jun 5 2017 // Reinsurance rates fell for the sixth consecutive year at the June 1, 2017 renewals, according to a market commentary published by JLT Re.JLT Re cited its Risk-Adjusted Florida Property-Catastrophe (ROL) Index which fell by...
Jun 5 2017 // InsurLab Germany, a digital hub for the insurance and reinsurance industry, has been launched in Cologne to promote digital innovation in the industry.There are eight founding insurance companies: AXA, Barmenia, Debeka,...
Jun 5 2017 // The soft pricing in the global reinsurance market will continue, at least for the rest of the year, according to Fitch Ratings.Fitch expects premium rates to continue declining due to large amounts of under-deployed...
Jun 5 2017 // It seems agencies today have more challenges than ever. Below are three tips to reduce errors and omissions (E&O) exposures.I would love to share with you a story regarding a multinational company that demanded they be...
Jun 2 2017 // Greenlight Capital Re tapped a veteran Bermuda reinsurance executive as its new chief executive officer.Simon Burton is slated to become CEO of the hedge fund/specialist reinsurer as of July 1, 2017 and will also serve on...
Jun 1 2017 // Guy Carpenter & Co. announced the appointment of Hans van Oort from General Reinsurance Co. as managing director, Guy Carpenter Benelux, effective Dec. 1, to further strengthen the regional team. He will be responsible...