Reinsurance Execs at Rendez-Vous Question Recent High-Priced M&As September 15, 2015 By Sarah Jones Global reinsurance executives who met in Monaco questioned whether a frenzy of mergers in Europe means buyers of Lloyd’s of...
Swiss Re CFO: Some Reinsurance Deals in Time May Prove ‘Adventuresome’ September 15, 2015 By Jonathan Gould Some takeovers in the reinsurance industry by investors from outside the sector may ultimately be viewed as “adventuresome,” the chief...
Underinsurance of Property Is Growing Global Challenge: Swiss Re Report September 15, 2015 The underinsurance of property risk – particularly natural catastrophe risks – has risen steadily over the past 40 years, even...
XL Catlin Strengthens Team in Mexico with 3 Senior Appointments September 15, 2015 XL Catlin announced it is further strengthening its insurance operation in Mexico with the following three appointments: Juan Pablo Caso...
Alibaba’s Finance Arm Plans $188 Million Investment in Cathay Insurance September 15, 2015 By Cindy Wang and Lulu Yilun Chen Alibaba Group Holding Ltd.’s finance arm is strengthening its foothold in the insurance business with plans to invest about 1.2...
Aon Launches Cat Model for Marine & Energy Insurers September 15, 2015 Aon Benfield announced it has invested in an innovative catastrophe model to help marine and energy insurers more accurately assess...
Reinsurers Seek New Markets, Underinsured Risks to Ease Price Pressures September 14, 2015 By Jonathan Gould Major reinsurers like Munich Re, Swiss Re, Hannover Re are looking to new markets and selling more cover to existing...
JLT Specialty Says Lloyd to Step Down as CEO; Knowles Named Successor September 14, 2015 Jardine Lloyd Thompson Group plc has announced that as part of a planned succession, John Lloyd will step down as...
Cardinal Re Launch Takes Hiscox’s ILS Assets to More Than $600 Million September 14, 2015 Kiskadee Investment Managers, Hiscox Re’s insurance linked securities (ILS) operation, has launched Cardinal Re Ltd., a Bermuda-domiciled special purpose insurer...
Guy Carpenter Execs Discuss Reinsurance Trends at Rendez-Vous Panel September 14, 2015 Challenging market conditions due to abundant capacity, the ongoing influx of new capital and limited loss experience, continue to put...