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Aspen promotes group risk officer Thornton to COO

Aspen’s Richard Thornton has been appointed to the newly created role of group chief operating officer, leaving his job as chief risk officer temporarily unfilled, the carrier said today.

Dan Ascher, 16 December 2016
Bermuda resilience to see off tax reform threat

Bermudian reinsurance experts believe the island's resilience will protect it against any tax changes from US president-elect Donald Trump that might threaten its position.

Charlie Thomas, 16 December 2016
Singapore financial regulator clears ACR sale

China's Shenzhen Qianhai Financial Holdings (QFH) and Shenzhen Investment Holdings (SIHC) have gained Singaporean regulatory approval to buy Asia Capital Re (ACR), just two months after the parties announced the deal.

Catrin Shi, 16 December 2016
Alpine Eternity loss climbs to $275mn

(Re)insurers have been notified that the ground-up loss from last year's Alpine Eternity collision has risen to $275mn, The Insurance Insider understands.

Adam McNestrie, 16 December 2016
Pioneer expands into renewable energy

Pioneer Underwriters has expanded into the renewable energy insurance market with the hire of Warren Diogo from Ascot.

Catrin Shi, 16 December 2016
Bond sell-off hits Skuld’s bottom line

Norway-headquartered protection and indemnity (P&I) club Skuld said profits slipped to $16mn for the first nine months from $29mn in the first half of the year after a bond sell-off eroded investment income

Laura Board, 16 December 2016
Allianz considering bid for Generali’s French business: report

Allianz is in discussions with Generali over a move for the Italian carrier's operations in France, according to reports

16 December 2016
Catalina the frontrunner to acquire £600mn RSA book

Legacy specialist Catalina is in pole position to acquire RSA's £600mn ($750mn) UK legacy book as the sale process draws towards a close, The Insurance Insider can reveal

Adam McNestrie, 16 December 2016
Brokers will play key role in market innovation: Cedent

Insurance intermediaries are the agents of change for technological innovation in the (re)insurance market, according to Cedent chairman and CEO Michael Coles.

Charlie Thomas, 16 December 2016
Further M&A expected among Bermudians

Market fundamentals are going to drive further M&A, according to reinsurance experts speaking at EY's Global (Re)Insurance Outlook conference in Hamilton, Bermuda

Charlie Thomas, 16 December 2016

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