Reinsurance
CMC launches global insurance consultancy
CMC Insurance, a global consultancy aiming to rival the big four in the insurance and reinsurance space, has been launched by the team behind banking consultancy CMC Europe.
British Insurance Awards 2014 shortlist video
On 9 July 2014, Post will celebrate 20 years of the renowned British Insurance Awards, and what a spectacular two decades it has been.
Reinsurer capital up 7% in 2013
Global reinsurer capital totalled $540bn at December 31, 2013, an increase of 7% ($35bn) over the year according to Aon Benfield Analytics.
Coface signs agreement with Nippon Export and Investment Insurance
Nippon Export and Investment Insurance (NEXI) has signed an agreement with trade credit insurer Coface providing reinsurance for Japanese companies trading overseas.
Barbican hires international casualty underwriter
Barbican Insurance has recruited Faraday Re’s Tim Mackenzie as an underwriter in the firm’s international casualty reinsurance division.
Ng joins Miller from China Taiping in Hong Kong
Joe Ng has joined Miller’s team in Hong Kong in a treaty reinsurance business production role.
Reinsurance rates softened at April renewals, says Willis Re
According to reinsurance broker Willis Re, reinsurance rates softened across all lines at the 1 April renewals including reductions of up to 20%.
Enstar completes Torus acquisition
Enstar Group has completed the previously announced acquisition of global specialty insurer, Torus Insurance.
Peak Re appoints from Marsh for head of claims
Peak Re has appointed Sophia Chiu as senior vice president for claims.
Global cat losses down 44% for 2013
Global insured losses from catastrophes have almost halved in 2013, dropping to £27bn according to a new study from Swiss Re.
Voice of the Future: Matthew Jones
Post talks to talented newcomers about what attracted them to insurance. This week it's the turn of Matthew Jones, business development manager, Swiss Re.
Willis launches representative office in Myanmar
Broker Willis has opened a representative office in Myanmar following a “growing wave of interest” from clients.
External forces driving risk management transparency says Guy Carp
Transparency on risk management targets and practices is improving according to reinsurance broker Guy Carpenter, with regulatory and market forces said to continue the trend.
Missing Malaysian plane unlikely to affect rates in aviation market
Fate of Malaysia Airlines flight MH370 unknown after disappearing on 8 March.
Swiss Re denies Agnelli family stake sale
Swiss Re has moved to distance itself from reports linking the business with the sale of as stake to Italy’s Agnelli family.
Aon Benfield's Galizia to lead Latin America region
Aon Benfield has promoted Alejandro Galizia to chief executive officer for the Latin America region.
JLT launches business in Argentina
Broker JLT has established a business in Argentina to support the local and regional market.
Parabis looks to Mills & Reeve for insurance hires
Parabis Law has appointed three insurance law specialists from Mills & Reeve as partners.
Aviva safeguards staff pensions with record longevity deal
Aviva has moved to protect its UK staff pensions with a record breaking £5bn longevity transaction.
Guy Carp announces string of promotions
Guy Carpenter has appointed Massimo Reina as its Continental Europe, Middle East and North Africa chief executive among a string of other promotions within the business.
JLT’s Burke taking break to reflect on 'work-life balance'
Jardine Lloyd Thompson group chief executive Dominic Burke’s two month hiatus from the role will give him a chance to concentrate on work-life balance before returning to the company for an agreed “indefinite period”, according to bosses at the broker.
Buffett not changing plans for climate change
Key insurance investor Warren Buffett does not see climate change as a differentiating factor when reserving.
Guy Carpenter unveils satellite catastrophe evaluation
Reinsurance broker Guy Carpenter has launched a new satellite-based catastrophe evaluation service, GC CAT-VIEWSM.
Swiss Re's 2013 profits reach $4.4bn
Reinsurance giant Swiss Re increased profits and premiums last year.