Reinsurance News
Your search for “QBE”
Sompo Canopius hires Bruce Shepherd as credit and political risk analyst
31st July 2017
Sompo Canopius AG has appointed former QBE analyst Bruce Shepherd to credit and political risk analyst, set to lead credit analysis within the firm's credit, political and crisis division. Shepherd, an experienced credit analyst with a specialisation in complex, structured credit risk in industrialised and emerging markets, will be reporting to ... Read the full article
Sirius strengthens casualty team with Erik Soria as new Vice President
25th July 2017
Sirius Group has strengthened its casualty reinsurance team with the appointment of Erik Soria, who joins from QBE Re Bermuda, to Vice President of Casualty. In his Bermuda based role, Erik will underwrite the firm's casualty portfolio, reporting to Sirius Bermuda CEO Warren Trace. Trace commented on the appointment; “I have known ... Read the full article
Arch moves into Australian market for mortgage re/insurance risk
12th May 2017
Insurer and reinsurer Arch Capital Group's eased entry into the Australian market for mortgage re/insurance has impacted established reinsurance names, as the firm's capabilities in the marketplace begin to be tested. A recent article on macrobusiness.com.au via Banking Day, explores the entry of Arch Capital Group in the Australian mortgage ... Read the full article
Reinsurance News – Wednesday 12th April 2017
12th April 2017
Here’s your daily Reinsurance News for Wednesday 12th April 2017: Traditional reinsurance capital declined by $3 billion in Q4 2016: Aon During the final quarter of 2016 the volume of traditional reinsurance capital declined by $3 billion, while the level of alternative capital increased by $3 billion, meaning overall reinsurance capacity ... Read the full article
Reinsurance News – Friday 7th April 2017
7th April 2017
Here’s your daily Reinsurance News for Friday 7th April 2017: Favourable terms seen at April reinsurance renewal: Aon Buyers of reinsurance protection witnessed favourable terms at the 1st April 2017 renewals with record levels of capacity maintaining pressure on pricing, according to Aon Benfield. U.S. severe weather losses $2bn+ in ... Read the full article
XL Catlin names Tuplin International Head of Cyber & Tech, Media & Telecoms
23rd March 2017
Insurer and reinsurer XL Catlin has named James Tuplin Head of Cyber & Technology, Media and Telecoms, International, based in the firm's London office. In his new role Tuplin will be responsible for the underwriting of cyber insurance and professional indemnity insurance for the technology and media sectors. Tuplin has roughly 15 years ... Read the full article
Reinsurance News – Tuesday 7th February 2017
7th February 2017
Here’s your daily Reinsurance News for Tuesday 7th February 2017: Munich Re beats target for year, but misses consensus, combined ratio in Q4 Global reinsurance giant Munich Re has achieved its full-year 2016 profit target, but for the fourth-quarter major catastrophe losses hit the firm and it missed target ... Read the full article
Reinsurance News – Monday 30th January 2017
30th January 2017
Here’s your daily Reinsurance News for Monday 30th January 2017: OMERS to contribute $1 billion to Fairfax’s Allied World acquisition Ontario’s municipal employees’ pension plan, OMERS, has agreed to contribute $1 billion to the acquisition of Allied World alongside Fairfax Financial. Time to re-examine reinsurance as a form of ... Read the full article
Reinsurance News – Thursday 12th January 2017
12th January 2017
Here’s your daily Reinsurance News for Thursday 12th January 2017: Operating landscape a new reality for reinsurers: A.M. Best Ratings agency A.M. Best has said that global reinsurers could be faced with a new market reality of lower returns and increased dependency on underwriting profits. Rating agency & ... Read the full article
Reinsurance News – Monday 9th January 2017
9th January 2017
Here’s your daily Reinsurance News for Monday 9th January 2017: Global reinsurance capacity hits $595bn: Aon Benfield Global reinsurance capital hit a new high of $595 billion over the nine months to September 30th, 2016, an increase of 5.3%, according to reinsurance broker Aon Benfield. Brit grows ... Read the full article
Reinsurance News – Wednesday 4th January 2017
4th January 2017
Here’s your daily Reinsurance News for Wednesday 4th January 2017: FEMA secures $1.042bn of flood reinsurance for NFIP FEMA has expanded on its test 2016 reinsurance arrangement, transferring $1.042 billion of risk from the NFIP to 25 reinsurance carriers for its 2017 program. 2016 global nat cat ... Read the full article
Reinsurance News – Wednesday 7th December 2016
7th December 2016
Here’s your daily Reinsurance News for Wednesday 7th December 2016: Enstar enters into $919 million QBE Legacy deal Enstar Group has revealed that one of its subsidiaries has entered into an agreement with a division of QBE Insurance Group, to reinsure U.S. P/C business, assuming gross reinsurance reserves of roughly $919 ... Read the full article
Reinsurance News – Thursday 29th September 2016
29th September 2016
Here’s your daily Reinsurance News for Thursday 29th September 2016: CEA policy uptake rises, more risk transfer will be required: Pomeroy The California Earthquake Association (CEA) has reported a substantial increase in policy uptake in 2016, which suggests that more reinsurance is likely to be needed in the future. Read the full article
Reinsurance News – Monday 22nd August 2016
22nd August 2016
Here’s your daily Reinsurance News for Monday 22nd August 2016: Canada Life International Re grows profits and seeks acquisition of Irish reinsurer Dublin domiciled reinsurer Canada Life International Re reported a 47% increase in after-tax profit to €165 million last year. The company also announced that it's working on ... Read the full article
Reinsurance News – Thursday 18th August 2016
18th August 2016
Here’s your daily Reinsurance News for Thursday 18th August 2016: H1 insured cat losses up to $31 billion in 2016: Swiss Re Reinsurance giant Swiss Re has said the natural and man-made catastrophe losses in the first-half of 2016 cost insurers roughly $31 billion, a rise of 51% as ... Read the full article