Reinsurance News

Insurance news

Insurance news of relevance to the reinsurance market.

Our focus is on insurance and reinsurance news for large account, commercial and specialty lines, as well as pure reinsurance and retrocession news, analysis, insight and interviews.

Foreign reinsurers may need to restructure South African operations

20th December 2016

Foreign reinsurance companies operating in South Africa may find that they need to restructure their operations and the way they access the marketplace, in the wake of substantial changes from a recent Insurance Bill. Due to the enacting of this Insurance Bill there will be a tightening on the prohibition of ... Read the full article

Doran to join James River Group as CFO, leaving Allied World

20th December 2016

Sarah Doran is joining Bermuda based insurance and reinsurance holding company James River Group Holdings, Ltd. as Chief Financial Officer in the New Year, leaving her current role at Allied World Assurance Company Holdings, AG. Doran has been with Allied World, the re/insurer that is set to merge with Prem ... Read the full article

JLT adds new office in New York for Reinsurance, Specialty, Capital Markets

19th December 2016

Jardine Lloyd Thompson Group plc (JLT), a leading insurance, reinsurance and employee benefits advisor, brokerage and service provider, has announced a move to a new office space in New York for its specialty, reinsurance and insurance capital markets units. JLT will be moving over 100 employees from its JLT Specialty USA, ... Read the full article

Greenlight Capital Re announces Hedges to step down as CEO

19th December 2016

Greenlight Capital Re, Ltd., the Cayman Islands domiciles specialist property and casualty reinsurance firm that is backed by hedge fund manager David Einhorn, has announced that its CEO and Board member Bart Hedges will be stepping down as of March 31st 2017. Leonard Goldberg, a former Chief Executive Officer at Greenlight ... Read the full article

Enstar changes management structure in wake of KaylaRe launch

16th December 2016

Enstar Group Limited recently announced the launch of KaylaRe Ltd., a total return strategy, Bermuda-based, Class 4 reinsurance firm with a global specialty focus and capitalised to the tune of $620 million. Enstar has launched KaylaRe with the assistance of $25 billion Chinese investment management group Hillhouse Capital Management, Ltd, with ... Read the full article

HCI Group names Harmsworth Senior Vice President of Finance

15th December 2016

Florida headquartered insurance and reinsurance focused holding company HCI Group has appointed finance veteran Mark Harmsworth as its senior vice president of finance. Harmsworth has 30 years of experience in a diverse range of finance and operational roles, having held multiple executive-level positions during his career at both publicly and privately ... Read the full article

XL Catlin’s reinsurance segment announces leadership changes

9th December 2016

Insurer and reinsurer XL Catlin has announced several leadership changes within its reinsurance operations, including the appointment of Charles Cooper, currently Chief Executive Bermuda Reinsurance, as Chief Executive of XL Catlin’s Reinsurance business group. Replacing Cooper in Bermuda will be XL Catlin's current Chief Executive London Reinsurance, Jonathan Gale, subject to Bermuda immigration approval. ... Read the full article