Reinsurance News
Your search for “probitas”
Probitas 1492 signs MOU with Saudi Re to acquire nearly 50% of its Bermuda holding firm shares
17th July 2017
Probitas 1492 - a Lloyd's underwriting syndicate specialising in property, construction and casualty insurance and reinsurance solutions has signed a Memorandum of Understanding with Saudi Re to acquire nearly 50% of the Ordinary Shares of its holding company Probitas Holding Bermuda Ltd (PHBL). Ash Bathia, CEO Probitas, commented that the substantial involvement of ... Read the full article
Saudi Re names Ahmed Ali Al Jabr as Acting CEO
25th March 2024
Saudi Reinsurance Company (Saudi Re) has announced the appointment of Ahmed Al-Jabr as Acting Chief Executive Officer of the Company, effective April 1, 2024. The company’s board members greenlighted the appointment on March 15, 2024, while the insurance authority granted its approval on March 21. Al-Jabr, who has more than 25 years ... Read the full article
Aviva & Howden team up to insure solar subscription service start-up
4th March 2024
Aviva, an insurance and financial services company, has partnered up with Howden to provide bespoke insurance to Sunsave, a start-up which offers homeowners solar panels on a subscription service. From what we understand, the insurer and broker worked together with Sunsave to create a bespoke construction and operation cover policy for ... Read the full article
Stephen Johnson named QBE’s Head of Trading for the South East
15th January 2024
QBE Europe has announced the appointment of Stephen Johnson as Head of Trading for the South East region, a newly created role, effective January 1, 2024. With over two decades of industry experience, Johnson will lead the regional underwriting teams in London and Chelmsford, engaging with broker partners and customers. He reports ... Read the full article
Enstar completes loss portfolio transfer with Argo
10th November 2022
Enstar has completed a loss portfolio transfer with underwriting firm Argo to reinsure a number of its direct US casualty insurance portfolios relating to accident years 2011 to 2019. Enstar’s subsidiary covers ground up reserves of $746m and an additional $275m of cover in excess of $821m, up to a policy ... Read the full article
Enstar reports net loss of $444mn in Q3 2022
3rd November 2022
Enstar Group has reported a net loss of $444 million in the third quarter of 2022, compared to a net loss of $196 million in the third quarter of 2021. This contrasted with the firm saying that its net loss for the year currently stands at $1.2 billion, compared to net ... Read the full article
Price Forbes bolsters LatAm presence with Gabriel Anguiano hire
19th April 2021
Independent insurance broker Price Forbes has announced the appointment of Gabriel Anguiano, as the company looks to bolster its presence in the Latin America market. Anguiano joins from Lloyd’s syndicate Probitas 1492, where he was Head of Strategy and Business Development for Latin America. During his time at Probitas he opened the ... Read the full article
HDI Global Specialty bolsters Management Liability, FI team with Neon hires
29th June 2020
HDI Global Specialty SE, the collaborative specialty insurance venture between HDI Global and Hannover Re, has added Louise Parker and Charles Boorman to its Management Liability & Financial Institutions team. Both join the specialty lines insurer’s London office from Neon Syndicate 2468 with immediate effect. Parker joins as Senior Underwriter Management Liability ... Read the full article
Lloyd’s faces pressure to focus on U.S business
14th January 2019
Andrew Brooks, incoming Chair of the Lloyd’s Market Association (LMA), has urged Lloyd's of London to refocus its growth strategy away from emerging markets and towards the U.S, according to reports from the Financial Times. Lloyd’s has concentrated on winning new business over the past few years by opening offices in ... Read the full article
Neon hires two executives for financial and casualty lines
1st August 2017
Neon has appointed Charles Boorman to Head of Financial Lines and Ian West to Director of Major Client Relations for Casualty Lines as the firm consolidates expansion of its financial lines products and geographic offering. Boorman is an insurance industry veteran with 25 years experience, joining Neon from a role as ... Read the full article
Reinsurance News – Tuesday 6th September 2016
6th September 2016
Here’s your daily Reinsurance News for Tuesday 6th September 2016: Only the costliest catastrophe could turn reinsurance pricing: RBC RBC Capital Markets has said that only the costliest catastrophe event could turn reinsurance pricing, despite losses in the first-half of 2016 being above the long-term average. Lloyd's ... Read the full article
- ← Previous
- 1
- 2