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Guy Carpenter to Acquire Athens-Based Reinsurance Broker Carpenter Turner

Nov 19 2024 // Guy Carpenter, the reinsurance specialist and a business of Marsh McLennan, announced it has entered into an agreement to acquire the remaining 51.5% of shares of Carpenter Turner, an Athens-based regional leader in the...

Global Reinsurers’ ROE Jumps to 22% in 2023 but Market Softening Unlikely: AM Best

Nov 18 2024 // AM Best’s population of global reinsurance companies posted a return on equity (ROE) of 22% in 2023 — a five-year high that was driven mainly by favorable investment income and strong underwriting performance....

People Moves: Everest Promotes Davis to Lead Reinsurance Global Specialties Business; Miller Names Armitage and Gorman for Professional & Financial Lines Team

Nov 12 2024 // This edition of International People Moves details appointments at the Everest Reinsurance and the broker Miller.A summary of these new hires follows here. Everest Reinsurance, the reinsurance division of Bermuda-based...

AIG CEO Zaffino on Approach to Catastrophe Losses in Today’s Reinsurance Market

Nov 6 2024 // American International Group CEO Peter Zaffino said he expects the reinsurance market’s attachment points to remain on top of losses generated by the frequency and severity of natural catastrophes.Losses will instead...

Global Reinsurers’ ROE Jumps to 22% in 2023, but Market Softening Unlikely: AM Best

Nov 1 2024 // AM Best’s population of global reinsurance companies posted a return on equity (ROE) of 22% in 2023 – a five-year high that was driven mainly by favorable investment income and strong underwriting performance. The...

Brookfield Hires Head for Entry Into Japan Reinsurance Market

Oct 29 2024 // Brookfield Wealth Solutions, has entered the reinsurance business in Japan and has hired Tomohide Yokooka, formerly of Barclays Plc, as managing director and country head, according to people familiar with the...

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