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Antares and Qatar Re mull reinsurance merge as integration continues

News

Monte Carlo

Antares and Qatar Re mull reinsurance merge as integration continues

QIC-owned sister (re)insurers Antares and Qatar Re are mulling both the integration of their back office capabilities and combining their reinsurance buying in the next chapter of a 2018 efficiency drive at the group.

Sun 9 Sep 2018

Comment

Monte Carlo

Could opiates be the next casualty cat?

(Re)insurers must be ready to respond to the profound challenges posed by the US opioid crisis, argues Erik Soria who heads up casualty reinsurance, Sirius Bermuda

Sun 9 Sep 2018

Guy Carpenter launches InsurTech advisory arm GC Genesis

News

Monte Carlo

Guy Carpenter launches InsurTech advisory arm GC Genesis

Guy Carpenter has launched a new advisory arm, GC Genesis, designed to guide (re)insurers through the 2000+ InsurTech start-ups and linking them to those best suited to their business needs.

Sun 9 Sep 2018

Why do you need a weatherman to know which way the wind blows?

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Monte Carlo

Why do you need a weatherman to know which way the wind blows?

RMS’ chief research officer Robert Muir-Wood reviews 2017, a year which will define the (re)insurance industry for years to come…

Sun 9 Sep 2018

O’Kane acknowledges likely Aspen exit after $2.6bn Apollo deal

News

Monte Carlo

O’Kane acknowledges likely Aspen exit after $2.6bn Apollo deal

Aspen Insurance Holdings CEO Chris O’Kane has acknowledged there will likely be senior management changes at the Bermudian firm once the agreed $2.6bn buy-out by investment heavyweight Apollo Global Management closes next year.

Sun 9 Sep 2018

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The toughest job in (re)insurance…

Right now, there can be few tougher jobs than being the next CEO of Lloyd’s because of the strategic challenges the market faces and the difficulty of implementing change at any institution with no shareholders and – at times – fractious stakeholders.

Sun 9 Sep 2018

News

Brexit

Accredited at front of R&Q Brexit strategy

R&Q’s rebranded program underwriting division is at the heart of the firm’s “gold-plated” Brexit solution for (re)insurers and MGAs apprehensive about turmoil next year when the UK is scheduled to leave the EU, the company’s founding chairman and CEO Ken Randall has told Re-Insurance.

Sun 9 Sep 2018

News

Monte Carlo

O’Kane acknowledges likely Aspen exit

Aspen Insurance Holdings CEO Chris O’Kane has acknowledged there will likely be senior management changes at the Bermudian firm once the agreed $2.6bn buy-out by investment heavyweight Apollo Global Management closes next year.

Sun 9 Sep 2018

News

Legacy

Axa’s legacy arm acquires Sovag’s German run-off business

Specialist run-off manager, Axa Liabilities Managers has bought the run-off portfolio of Hamburg-based reinsurance company Schwarzmeer Und Ostsee Versicherungs-AG - also known as Sovag.

Fri 7 Sep 2018

News

Nexus snaps up Altitude Risk Partners from Castel

London-based managing general agent Nexus Group has acquired aerospace MGA Altitude Risk Partners from Castel Underwriting Agencies for an undisclosed sum.

Fri 7 Sep 2018

Lloyd’s confirms Neal’s appointment as successor to Beale

News

People Moves

Lloyd’s confirms Neal’s appointment as successor to Beale

Lloyd’s has confirmed that former QBE boss John Neal will replace outgoing CEO Inga Beale, as first revealed by re-Insurance.com yesterday.

Fri 7 Sep 2018

Comment

The toughest job in (re)insurance…

Right now, there can be few tougher jobs than being the next CEO of Lloyd’s because of the strategic challenges the market faces and the difficulty of implementing change at any institution with no shareholders and – at times – fractious stakeholders.

Fri 7 Sep 2018

Skuld reports improved combined ratio as premiums shrink

News

Marine

Skuld reports improved combined ratio as premiums shrink

Scandinavian marine insurer Skuld reported a 95 percent combined ratio at half year, marking a return to profit after the 111 percent it reported this time last year.

Fri 7 Sep 2018

Aon confirms Stubbings hire amid a swathe of promotions

News

People Moves

Aon confirms Stubbings hire amid a swathe of promotions

Aon has confirmed the appointment of Peter Stubbings as CEO of Global ReSpecialty, the latest in a string of management changes at the broker.

Fri 7 Sep 2018

News

R&Q brings US and European program units under Accredited banner

R&Q has created a newly-named division, Accredited, which comprises its US and European program management businesses.

Fri 7 Sep 2018

Ex-QBE boss John Neal to be named Lloyd’s CEO

News

People Moves

Ex-QBE boss John Neal to be named Lloyd’s CEO

The former head of Australian insurer QBE John Neal will be shortly named as Inga Beale’s replacement as CEO of Lloyd’s, re-Insurance.com understands.

Thu 6 Sep 2018