UFG Insurance to Diversify Risk Profile by Expanding into Reinsurance Across U.S. March 23, 2021 By L.S. Howard UFG Insurance is looking to diversify across the U.S. by expanding into assumed reinsurance business – partly via quota share...
TransRe CEO Sapnar to Step Down, Succeeded by Brandt March 16, 2021 TransRe President and CEO Mike Sapnar is leaving the company to pursue another opportunity. He’ll stay on the job through...
Specialty Re/insurer SiriusPoint Launches with More Than $3 Billion in Capital February 26, 2021 SiriusPoint Ltd., the Bermuda-based international specialty insurance and reinsurance company, has launched today with more than $3 billion in initial...
Third Point Re Announces Appointments to SiriusPoint Leadership Team February 22, 2021 Third Point Reinsurance Ltd. has announced additional executive and senior underwriting roles at SiriusPoint Ltd., the new company created as...
Swiss Re Reports Larger-Than-Expected Annual Loss of US$878 Million February 19, 2021 Swiss Re swung to a larger-than-expected annual loss on Friday, pressured by $3.9 billion in claims and reserves related to...
Ribadeau-Dumas to Succeed Kessler as CEO of SCOR December 16, 2020 The SCOR board of directors has unanimously chosen Benoît Ribadeau-Dumas as the next chief executive officer of SCOR, succeeding Denis...
SCOR CEO Expects Double-Digit Reinsurance Rate Hikes in January Renewals November 25, 2020 Reinsurance rates are likely to rise in the double-digit percentage point range at key contract renewals in January, Denis Kessler,...
S&P Affirms Munich Re’s ‘AA-‘ Ratings, Reflecting Sufficient Capital for COVID-19 Crisis May 29, 2020 S&P Global Ratings has affirmed its “AA-” long-term issuer credit and financial strength ratings for Munich Re and its subsidiaries,...
PartnerRe Taps Meyenhofer as CEO Specialty Lines, Haft as CEO Global Cat May 27, 2020 PartnerRe announced that the company will change responsibilities in its executive leadership for Specialty Lines and will create the new...
For Third Point Re, COVID-19 Crisis Hurts, but It Celebrates 1st Underwriting Profit May 20, 2020 By L.S. Howard Third Point Re reported a net loss of $183.6 million for the first quarter of 2020 due to COVID-19-related investment...