October 2017/5

Asia Capital Re (ACR)'s board will not reopen the sales process that led to its $1bn abortive deal with Shenzhen Qianhai Financial Holdings and Shenzhen Investment Holdings, The Insurance Insider understands.

The battle lines are being drawn in Asia between reinsurers and cedants ahead of the 1 January renewals, as the sector continues to come to terms with the remarkable string of third quarter cat losses.

Ivan Chan, ArgoGlobal Asia's CEO, has left the firm, The Insurance Insider understands.

French state-owned reinsurer CCR Re is looking for strategic industry partners and would consider exchanging equity stakes with supporters following its operational carve-out early this year from parent CCR

After years of malaise, the (re)insurance market may finally be facing a sea change following heavy third quarter catastrophe losses, as underwriting executives scramble to talk up rates.

Losses sustained by Caribbean insurer Nagico during hurricanes Irma and Maria have not dented the allure of the business for 50 percent owner Peak Re.

Independent wholesaler Keating has expanded its senior executive team with two high-level hires and restructured its platform to drive further growth, The Insurance Insider can reveal.

Contrary to the popular mythology that journalists are fuelled by an almost exclusive diet of hard liquor, we scribes actually function on a steady stream of tea and coffee.

As third quarter cat loss disclosures roll in with the earnings season, a discussion is heating up in the market about whether recent events will generate the $100bn industry loss sources had been coalescing around.

The third quarter could still go down as the costliest in the (re)insurance industry's history, with almost all the companies to report so far dragged to a loss and a significant portion of the sector's excess capital wiped out.

A number of Lloyd's syndicates are set to take advantage of propitious pricing conditions next year with significant planned increases in stamp capacity, The Insurance Insider can reveal.

Qatar Re's Dubai-based head of marine will move to lead operations in Singapore following three departures in the recently licensed office, The Insurance Insider understands.