Here’s your daily Reinsurance News for Wednesday 28th December 2016:
Swiss Re hires Gopal from Allied World as Corp Solutions CRO Asia Pacific
Reinsurance giant Swiss Re has announced the appointment of Sandeep Gopal from Allied World as Chief Risk Officer of its Corporate Solutions Asia Pacific unit.
Limestone Re notes from Liberty Mutual sidecar listed on the BSX
Following the recent $160 million Limestone Re Ltd. multi-year collateralised reinsurance sidecar transaction from Liberty Mutual, $85 million of participating notes have been listed on the Bermuda Stock Exchange (BSX).
Buffett targets Japan earthquake re/insurance with Berkshire Hathaway
According to reports Warren Buffett is targeting a move into Japanese earthquake reinsurance through Berkshire Hathaway’s Specialty Insurance unit.
Lloyd’s exec Chaplin excited about Asia-Pacific partnership
Kent Chaplin, Head of Asia-Pacific at Lloyd’s of London, has expressed his delight at the announced partnership between Lloyd’s and the Pan Asia Insurance and Risk Management Association (PARIMA).
ILS NYC 2017 conference – Feb 3rd, New York
A thoughtfully curated annual insurance-linked securities event in New York City from Artemis. Featuring ILS & reinsurance industry leaders speaking on forward-thinking, engaging topics.
Peak Re approved to launch Zurich branch
Reinsurer Peak Re has received approval from the Swiss Financial Market Supervisory Authority (FINMA) to launch a branch in Zurich.
CIRC to crack down on issuance of insurance licences
According to reports China’s insurance regulator, the CIRC, is getting tougher and stricter on the issuance of new licences to insurers.
Suez Canal renews agreement with reinsurer Hannover Re
Egypt’s Suez Canal Insurance has announced that it has renewed its reinsurance agreement with German-based reinsurer Hannover Re.
Attracting InsurTech talent could be difficult: KPMG
The Head of Insurance Technology at KPMG, Murray Raisbeck, recently said that during 2017 InsurTech is likely to be influential, but that attracting the right talent could be difficult.
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