Reinsurance News
Catalina Holdings (Bermuda) Ltd. has appointed Philipp Waldstein as its new Chief Executive Officer (CEO). Waldstein, who has been serving as the Group Chief Investment Officer (CIO) since joining Catalina in 2020, will be succeeding Ian Parker, w...
Posted: Jan 22, 2024
Paratus Holdings Limited, an insurance group focused on decarbonisation, is to expand its commercial operations and the introduction of its highly innovative renewable power price-risk insurance solution, pending regulatory approval. The announcem...
Posted: Jan 22, 2024
Kita, the Lloyd’s of London coverholder and specialist carbon insurance company, has expanded to Switzerland and Singapore, in addition to existing coverage for buyer/investors domiciled in the UK, US, and Canada. This move is part of the fi...
Posted: Jan 22, 2024
Fortegra, the multinational specialty insurer, has appointed Bianca Hoshina as its Chief Reinsurance Buyer. She will be based out of Miami, Florida. Hoshina is an experienced underwriter, who started her career in 1999 as a Business Analyst and Co...
Posted: Jan 22, 2024
According to insights gathered by Morgan Stanley, reinsurers experienced a pullback towards the end of 2023, prompting investors to scrutinise the factors that could drive the industry beyond the highs of the previous year. The report highlights t...
Posted: Jan 22, 2024
Highly experienced actuary Bharat Raj has joined actuarial consultancy OAC’s Non-Life division as Head of London Markets to drive its continued growth in supporting the General Insurance market. OAC, part of the Broadstone Group, delivers technica...
Posted: Jan 22, 2024
Michigan-domiciled property and casualty holding company, Conifer Holdings, Inc., has appointed Isolde G. O’Hanlon as Acting Board Chair, effective immediately. O’Hanlon was elected to the Conifer Board of Directors in 2017, serving as the Chair o...
Posted: Jan 22, 2024
Commercial insurance broker ATL, has announced the launch of ATL RE, an independent reinsurance broker serving the Latin America and the Caribbean markets, via its new Miami office. ATL RE will offer a comprehensive range of commercial reinsurance...
Posted: Jan 22, 2024
Berkshire Hathaway Specialty Insurance (BHSI), the property & casualty insurer, has hired Jess Au as Head of General Property in Asia, succeeding Ophelia Szeto who is retiring from the role after nearly a decade of service with the company. Ba...
Posted: Jan 22, 2024
The London Market Group’s (LMG) Data Council has created a Core Data Record (CDR) committee chaired by Cassandra Vukorep, Chief Data Officer at Lloyd’s and supported by LIMOSS. According to LMG, the CDR committee will include representation from t...
Posted: Jan 22, 2024
In a recent review conducted by Insurance Capital Markets Research (ICMR), the ‘RISX’ equity index, representing listed companies with businesses in the Lloyd’s market, has showcased robust annual returns for the year 2023. Inves...
Posted: Jan 22, 2024
Global advisory, broking and solutions company WTW, has announced the promotion of Michael Creighton to Head of Trade Credit and Trade Finance, Great Britain, effective immediately. In this newly created role, he will report to Paul Lacey, Head Of...
Posted: Jan 22, 2024
Cyber re/insurance and analytics specialist Envelop Risk has launched Envelop SPA 1925, a dedicated cyber reinsurance Special Purpose Arrangement (SPA) at Lloyd’s, in partnership with Apollo, through its Strategic Partner Syndicates business and A...
Posted: Jan 22, 2024
Global risk advisory firm, Inherent Risks has won a prime contract for an undisclosed amount to provide emergency medical response and evacuation services to United States Agency for International Development (USAID) funded projects in Ukraine. Si...
Posted: Jan 22, 2024
Zurich-based catastrophe insurance data provider PERILS has disclosed its second industry loss estimate for the floods and storms caused by Babet (Viktor) and Aline (Wolfgang) over the British Isles and northwestern Europe in October 2023, increas...
Posted: Jan 22, 2024
Global insurance brokerage HUB, has announced the launch of the HUB Property Practice, which was created to better address complex challenges in the commercial insurance property market. HUB’s extensive group of Property specialists througho...
Posted: Jan 22, 2024
In a strategic move to revolutionise the property and casualty insurance sector, renowned firms, including Allcat Claims Service, Colonial Claims, Lighthouse Claims Service, Parker Loss Consultants, Prestige Claims Service, and QA Claims, have joi...
Posted: Jan 22, 2024
Attento Underwriting Agency, an insurer specialising in the transportation business in North America and Canada, has appointed Gary Mountford as a Non-Executive Director, subject to regulatory approval. Mountford will work alongside senior managem...
Posted: Jan 22, 2024
Metier Underwriting, a leading underwriting agency specialising in construction and liability solutions for complex risks, has announced the appointment of Danielle Lloyd as a Senior Underwriter. This strategic move is part of Metier’s ongoi...
Posted: Jan 22, 2024
Oka, The Carbon Insurance Company, has launched with Cloverly, a digital platform for climate action, to unveil a new brand of insured carbon credits for the voluntary carbon market (VCM). Available exclusively to 300+ global enterprises, Cloverly...
Posted: Jan 22, 2024
BRP Group, Inc., an independent insurance distribution firm, has promoted Dan Galbraith, previously the Chief Operating Officer, and Jim Roche, the Chief Insurance Innovation Officer, to the positions of Co-Presidents, expanding their roles within...
Posted: Jan 19, 2024
Alta Signa, the European boutique managing general agent (MGA), has launched a new European Marine underwriting business, which is set to focus on core marine lines of business, backed by the firm’s panel of insurance partners – Axeria...
Posted: Jan 19, 2024
Analysts at JP Morgan have suggested that the strong performance in the insurance-linked securities (ILS) asset class in 2023 is likely to be reflected in the results of European reinsurers. JP Morgan’s analysts said that following several d...
Posted: Jan 19, 2024
Atain Insurance Companies, an insurer and member of the H.W. Kaufman Group, has hired Tom Dassow as Vice President & Head of Primary Liability, where he will oversee the firm’s newly formed General Liability (GL) brokerage unit. Based in...
Posted: Jan 19, 2024
US insurer Travelers has renewed its quota share arrangement with Bermuda based re/insurer Fidelis Insurance, as market conditions remain attractive in the segments where this partnership had been targeted, according to the firms CFO. Speaking jus...
Posted: Jan 19, 2024