Reinsurance
Increased typhoon activity in East Asia expected, says Munich Re
Overall insured losses from weather events in the last three decades in East Asia have hit $6bn as floods and typhoons increase. The situation could be about to worsen.
Munich Re targets €3bn profit for 2013 after weak Q3
Munich Re believes profit of €3bn (£2.5bn) to be “achievable” for the full year after achieving profit of €2.2bn for the first nine months.
Munich Re targets €3bn profit for 2013 after weak Q3
Munich Re believes profit of €3bn (£2.5bn) is “achievable” for the full year after recording a €2.2bn profit for the first nine months.
Swiss Re sees P&C income slide 22% for Q3
Swiss Re has reported tumbling income from its property and casualty reinsurance arm, balanced by increased premiums in Q3.
Swiss Re Q3 P&C income down 22%
Swiss Re has reported tumbling income from its property and casualty reinsurance arm, balanced by increased premiums in Q3.
Three senior hires for Canopius' Singapore office
Canopius is growing its Asian operations with three senior hires in its Singapore office.
Qatar bullish on Asian reinsurance market
The 1st Asia Reinsurance Barometer, published by the Qatar Financial Centre Authority, finds that the region's reinsurance markets are "still bustling with confidence", although "the outlook on pricing and profitability for the next twelve months is…
Post Magazine - 7 November 2013
The latest issue of Post Magazine is now available for Post subscribers. Download the latest Post iOS App Edition on the App Store or read the Post Digital Edition online.
JLT launches new reinsurance venture
JLT has launched a reinsurance arm under the name JLT Towers Re, following the acquisition of Towers Watson’s reinsurance broking business.
Data concerns prompt IUA professional lines questionnaire
The International Underwriting Association has published a new questionnaire for the submission of professional lines business.
XL COR improves to 92.2%
XL’s property and casualty combined operating ratio has improved to 92.2% in the first nine months of 2013, from the 92.7% reported for the same period in 2012.
Post Magazine - 31 October 2013
The latest issue of Post Magazine is now available for Post subscribers. Download the latest Post iOS App Edition on the App Store or read the Post Digital Edition online.
Willis Re forecasts at least £300m loss from St Jude storm
UK losses from storm St Jude are likely to be in the region of £300-£500m, according to Willis Re.
JLT Peru restructures business
JLT Peru has split its business into separate retail and reinsurance operations.
Post Magazine - 24 October 2013
The latest issue of Post Magazine is now available for Post subscribers. Download the latest Post iOS App Edition on the App Store or read the Post Digital Edition online.
Towers Watson research finds 70% of global insurers considering M&As
International insurers are regaining their appetite for mergers and acquisitions, according to a Towers Watson and Mergermarket survey of senior insurance M&A executives.
Career file - Charles Whiteaway: FP Group's executive director steps down
Charles Whiteaway, the executive director of FP Group, has stepped down after nearly 20 years with the company.
Compre claims first in unlocking 'major barrier' to European runoff acquisitions
Reinsurance legacy specialist Compre Holdings has completed what it claims is the first ever cross-border demerger of insurance and reinsurance portfolios.
Europe a reinsurance buyer’s market claims Willis Re
Increased capacity, competition and changing market dynamics have created a buyer’s market for European cedants according to Willis Re.
Randall and Quilter completes portfolio transfer from Finnish companies
Randall and Quilter has completed the portfolio transfer from two Finnish companies, Fennia and Turva, into its run-off insurer Alma.
Randall and Quilter completes portfolio transfer
Randall and Quilter has completed the portfolio transfer from two Finnish companies, Fennia and Turva, into its run-off insurer Alma.
George Prescott joins Q-Re board
Former Ecclesiastical deputy chief executive George Prescott is to join the board of Q-Re as an independent non-executive member.
George Prescott joins Qatar reinsurer’s board
Former Ecclesiastical deputy chief executive George Prescott is to join the board of Q-Re as an independent non-executive member.
Post Magazine – 17 October 2013
The latest issue of Post Magazine is now available for Post subscribers. Download the latest Post iOS App Edition on the App Store or read the Post Digital Edition online.