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Cayman Islands reinsurers form industry group
Founding CIRCA members include Greenlight Re and Barents Re, as well as Knighthead and Nassau Re, whose senior executives take chair and vice chair roles.
Jeff Kuntz
,
29 December 2020
Insurers rise, banks fall after UK-EU Brexit trade deal
The goods-focused pact includes a joint declaration on financial services, though crunch issues have yet to be resolved.
Laura Board
,
29 December 2020
Generali UK property and marine head Brown to join Sompo International
The new recruit will run SI’s UK and international property team.
Rachel Dalton
,
29 December 2020
Admiral and Mapfre to sell comparison sites to RVU for £508mn
The UK auto insurer expects to return most of the proceeds to shareholders.
Rachel Dalton
,
29 December 2020
Arch’s Papadopoulo promoted to group president and CUO role
The Arch Worldwide Insurance chief will take up the new position on 1 January.
Rachel Dalton
,
29 December 2020
German insurers pay EUR2.5bn in domestic weather-related claims in 2020
The GDV trade association reports below-average losses thanks to a quiet winter storm season.
Rachel Dalton
,
29 December 2020
WRB launches $250mn Lifson Re sidecar
The insurer will begin ceding risk to Lifson from January 1 next year.
John Hewitt Jones
,
28 December 2020
What would be on the (re)insurance industry wishlist for 2021?
Specific hopes may vary by company type, but one theme resounds for us all.
Catrin Shi
,
24 December 2020
R&Q to acquire Vibe Lloyd’s run-off in £25mn cash deal
Syndicate 5678 went into run-off in December 2019, and carried net liabilities of £251.1mn as of 30 June.
Catrin Shi
,
24 December 2020
Mauritius oil spill ship caused by crew seeking phone signal
Rumours of the cause of the incident have been circulating for months in the marine insurance market.
Samuel Casey
,
23 December 2020
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