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Catlin Re promotes Swiss underwriting head
Catlin Group has promoted its Zurich-based underwriting director Markus Eugster to chief underwriting officer (CUO) for Catlin Re Switzerland - the Swiss subsidiary that it launched in 2010
05 September 2012
Capital markets should turn to reinsurers to understand risk: RenRe
RenaissanceRe CEO Neil Currie has urged new capital market players entering the reinsurance sector to partner with experienced reinsurers instead of going it alone in order to get a better grip on risk.
05 September 2012
‘Antique’ reinsurer model still has value: Sapnar
Transatlantic Re president and CEO Michael Sapnar admitted that the firm's classical reinsurance model may seem "a bit of an antique", but argued that the market will get an opportunity to regain value in the future
05 September 2012
Lloyd’s should arrest its global share decline
The Lloyd's (re)insurance market should view the growing number of broker placement initiatives as an opportunity to arrest its diminishing share of the global market, Willis Re CEO John Cavanagh has said.
05 September 2012
Canopius swings round with £33mn H1 profit
Canopius, fresh from completing the Omega acquisition, has posted interim post-tax profits of £33mn, compared to a loss of £53mn for the same period of last year
05 September 2012
Aon Benfield: reinsurance capital climbs to $480bn
An inflow of new funds chasing higher property cat rates caused Aon Benfield's measure of global reinsurance capital to climb to $480bn at the half-year stage, a $25bn increase from the end of 2011
04 September 2012
S&P highlights Atlantic capital divide for reinsurers
The reinsurance sector's capital surplus, which stood at $25bn at the start of 2012, has become more unevenly spread across market participants, according to Standard & Poor's
04 September 2012
Kiln hires property fac specialist for Frankfurt office
Tokio Marine-owned Lloyd's specialty (re)insurer Kiln has appointed Petra Pudemat as a property underwriter in its Frankfurt office to write European property and facultative risks.
04 September 2012
Sagicor at Lloyd’s strengthens liability and credit teams
Sagicor at Lloyd's (SAL) announced today (4 September) that it has expanded both the liability and credit, bond and political risk teams in its Syndicate 1206
04 September 2012
Tower’s NZ$325mn total loss gives fresh evidence of NZ creep
Tower Group has disclosed deterioration on its losses from February 2011's Christchurch earthquake, in the latest indication that the huge cold-spot event is getting progressively worse
04 September 2012
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