Reinsurance News
specialty reinsurance
Joseph Girardi joins RSG’s WKFC and CorRisk as SVP, Specialty Casualty
4th December 2018
Ryan Specialty Group (RSG) subsidiaries WKFC Underwriting Managers and CorRisk have announced that industry veteran Joseph Girardi has joined CorRisk as Senior Vice President (SVP) – Specialty Casualty. Girardi has more than 30 years’ experience across the commercial re/insurance industry and most recently served as SVP for Ironshore Insurance Services, where ... Read the full article
Hamilton Re appoints Liam Chan as SVP, Casualty & Specialty
28th November 2018
Hamilton Re, the reinsurance arm of Bermuda-based Hamilton Insurance Group, has promoted Liam Chan to the position of Senior Vice President (SVP), Casualty & Specialty. Reporting to Tim Duffin, Chan will underwrite a broad portfolio of casualty and professional lines business including several specialty classes. Chan joined Hamilton Re in 2015 as ... Read the full article
Capsicum Re adds two to London property and specialty division
12th November 2018
Specialist reinsurance broker Capsicum Re has appointed Ed Le Flufy and Piers English to its London property and specialty division. Le Flufy joins Capsicum Re from BMS as a specialty broker focusing on cyber, and will now report to Ian Newman, Capsicum Re’s Global Head of Cyber. He has more than a ... Read the full article
Canopius appoints Alan Winch as Head of Accident & Health
29th October 2018
Global specialty lines re/insurer Canopius has announced the appointment of Alan Winch as Head of Accident and Health. Winch joins Canopius from Tokio Marine Kiln, where he most recently served as department head for Accident and Health. In his new position, he is joined by Henry Brigstocke from October 2018, Tim Prifti ... Read the full article
AIG names Talbot’s Peter Bilsby as Global Head of Specialty
29th October 2018
Global insurer American International Group (AIG) has announced the appointment of Peter Bilsby, current Chief Executive Officer (CEO) of the Talbot Group, as Global Head of Specialty. Talbot is a Lloyd’s insurance and reinsurance specialist that was acquired by AIG in July 2018 as part of its purchase of Validus Holdings ... Read the full article
Antares appoints CNA Hardy’s John Taylor as Head of Specialty
12th October 2018
Antares, the Lloyd’s managing agent and member of the QIC Group, has announced the appointment of John Taylor as Head of Specialty. Taylor will report to the Active Underwriter Joe Battle and replaces Kieran Oliver, who is retiring from Antares after nearly two decades at the firm. With 25 years’ experience in ... Read the full article
Markel makes new Trade Credit & Surety appointments
2nd October 2018
Markel International, the specialist insurer, has strengthened its Trade Credit, Political Risk & Surety (TCPRS) operations by expanding the role of Simon Philpin and appointing Victoria Northedge as Assistant Underwriter. Philpin has worked in Markel’s Trade Credit division since 2014, most recently as a Senior Underwriter, and will now also be ... Read the full article
Liberty Specialty expands UK Financial Institutions team
1st October 2018
Liberty Specialty Markets (LSM), a division of Liberty Mutual Insurance Group, has expanded its London-based Financial Institutions (FI) team with the appointments of a new Underwriting Manager and Senior Underwriters. Sam Adamson has been promoted to Underwriting Manager for Financial Institutions, UK and Ireland after six years of working in the ... Read the full article
Markel adds Peter Dickel to PACE underwriting team
25th September 2018
Markel International, the specialist insurer, has appointed Peter Dickel as senior underwriter in its Personal Accident, Contingency and Entertainment (PACE) team, effective November 1. Dickel joins Markel International from specialist insurance and reinsurance firm MS Amlin, where he most recently served as class underwriter. He has more than 20 years’ experience in ... Read the full article
Willis Re reorganises Specialty broking business
19th September 2018
Willis Re Speciality has appointed Jonathan Marsh as Chairman and Printhan Sothinathan as Chief Strategy Officer as part of a restructure designed to provide better career development opportunities and improved clarity of roles and accountability. Graeme Moore will still lead the Willis Re Speciality business as Chief Executive Officer (CEO), while ... Read the full article
Further cat losses may impact casualty and specialty lines: JLT Re’s Harrison
11th September 2018
While property catastrophe lines of reinsurance would likely prove resilient to a second consecutive year of heavy catastrophe losses, casualty and specialty lines might feel the impact more severely, according to Keith Harrison, Chief Executive Officer (CEO) for UK & Europe at JLT Re. Both traditional reinsurers and alternative capital markets ... Read the full article
SCOR consolidates London Market specialty insurance platform, names head
9th July 2018
SCOR Global P&C has revealed plans to consolidate its specialty insurance operations in the London Market into a single business platform, led by Stuart McMurdo, current Chief Executive Officer (CEO) of SCOR UK. SCOR says the new specialty insurance platform will offer either company or Lloyd’s paper or a combination of ... Read the full article
Headwinds curb positive marine rating movement: Willis Re
5th July 2018
Abundant capital across the marine space and continued pressures from both attritional losses and 2017’s hurricane trio Harvey, Irma and Maria is curbing pressure for upwards rating movement, according to Willis Re in its latest 1st View report. Additionally, regional catastrophe loss experience and specialism-specific performance have influenced renewal terms in ... Read the full article
2017 losses unmasked broader reinsurance price inadequacy: KBW
20th June 2018
The major hurricane and catastrophe losses of 2017 while not sufficient to significantly boost property catastrophe reinsurance rates, have unmasked the inadequacy of pricing more broadly across the sector, according to analysts. Reinsurance pricing did respond to the losses of 2017, but increases seen at the key January reinsurance renewals ... Read the full article
Hannover Re & HDI Global seek specialty growth with joint venture
11th May 2018
German reinsurance firm Hannover Re and primary commercial specialists HDI Global SE are to join forces in search of growth in specialty lines under the banner of a new joint venture, HDI Global Specialty. Both part of the Talanx group, Hannover Re and HDI Global already have expertise in the specialty ... Read the full article
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