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Brexit

AIG receives UK regulatory green light for Brexit restructure

AIG has received final UK approval to split its London-based European insurance business into two new entities in preparation for Britain’s departure from the European Union next year.

Fri 26 Oct 2018

Urban joins Redpoint to build program platform

News

People Moves

Urban joins Redpoint to build program platform

Former Third Point Re executive Tony Urban has joined Redpoint Insurance Group to lead business development and help build out its program insurance platform.

Thu 25 Oct 2018

Comment

APCIA

The theory of risk

Re-Insurance talks to Bryan Wilburn, the founder and CEO of the expanding Texan-based underwriting agency Risk Theory

Thu 25 Oct 2018

APCIA

PCI 2018 Monday edition

Welcome to the second day of our coverage from the 2018 PCI Annual Meeting!

Thu 25 Oct 2018

APCIA

PCI 2018 Sunday edition

Welcome to the first day of our coverage from the 2018 PCI Annual Meeting!

Thu 25 Oct 2018

TV

Swiss Re’s Cordioli on political instability and closing the protection gap

News

Baden-Baden

Swiss Re’s Cordioli on political instability and closing the protection gap

Speaking to Re-Insurance on the sidelines of the annual reinsurance conclave in Baden-Baden Claudia Cordioli, head of Swiss Re’s reinsurance business in Western and Southern Europe, said political instability across the continent is having an impact on the sectors ability to think long-term.

Thu 25 Oct 2018

News

Energy

Insurers win final appeal on $470mn Noreco energy loss

The energy insurance market has swerved a $470mn loss as a nearly decade long legal battle drew to a close yesterday, Re-Insurance understands.

Thu 25 Oct 2018

MMC CEO Dan Glaser heralds “excellent” Q3 performance

News

M&A

MMC CEO Dan Glaser heralds “excellent” Q3 performance

MMC President and CEO Dan Glaser has described the performance of the group’s broking arms as “excellent” in the third quarter with underlying growth of 5 percent overall and 11 percent for its reinsurance unit, Guy Carpenter.

Thu 25 Oct 2018

News

Results

Aspen de-risking continues in 3Q

Aspen Insurance Holdings once again revealed the impact of its 2018 de-risking strategy with its net earned premiums down almost five percent in the third quarter.

Thu 25 Oct 2018

TV

Russell Group’s Suki Basi on the connected risk challenge

News

Baden-Baden

Russell Group’s Suki Basi on the connected risk challenge

Speaking to Re-Insurance at the annual reinsurance symposium in Baden-Baden, Suki Basi, co-founder and managing director of Russell group, said the (re)insurance sector must focus on traditional, data-driven underwriting if it is to cover increasingly complicated exposures.

Thu 25 Oct 2018

News

Jardine to become Asta chairman

The leading Lloyd’s Managing Agency for third-party syndicates, Asta, has appointed two senior London market figures to its board in the form of Paul Jardine and Bob Stevenson.

Thu 25 Oct 2018

News

Results

Axis returns to profit in third quarter

Bermuda-based Axis Capital Holdings has returned to profit with a combined ratio of 97.9 percent after the firm experienced lower catastrophe losses in the third quarter of 2018.

Thu 25 Oct 2018

Leadenhall raises $600mn to take AuM to new record size

News

Results

Leadenhall raises $600mn to take AuM to new record size

On the eve of its tenth anniversary, ILS fund manager Leadenhall Capital Partners has confirmed it has expanded its assets under management (AuM) to a new record size of $5.2bn.

Thu 25 Oct 2018

TV

JLT Re's Flandro: Q3 cat losses unlikely to turn pricing

News

Baden-Baden

JLT Re's Flandro: Q3 cat losses unlikely to turn pricing

Speaking to Re-Insurance in Baden-Baden, JLT’ Re’s global head of analytics David Flandro said 2018 could be an “above average” cat loss year, but over-capacity will likely quash any uptick in pricing.

Wed 24 Oct 2018

News

Blanch launches new Florida cat broker COIN Re

Industry veteran Ted Blanch has launched a new Florida-focussed reinsurance intermediary, COIN Re, with a mission to “align interests” with insurers by providing them with an economic interest in the new firm.

Wed 24 Oct 2018

QIC returns 102 percent COR as nat cats take a toll

News

Losses

QIC returns 102 percent COR as nat cats take a toll

Qatar Insurance Group (QIC) has reported a 102 percent combined ratio for the first nine months of the year after taking a string of successive hits from third quarter catastrophes.

Wed 24 Oct 2018