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Reinsurance

 

 

Nepal infrastructure damage tops $1bn, minister says

Glacial collapse triggers floods and landslides, killing hundreds

Property Nepal

Guy Carpenter promotes Ward to Pacific CEO

Ward joined reinsurance broker in 2018 and was most recently capital advisory leader for Asia Pacific

People moves Guy Carpenter / Marsh

Insurers in the crossfire of fast changing sanctions regimes

The expansion of sanctions has complicated re/insurers’ and brokers’ activities and dramatically increased costs

Reinsurance Regulation

Cat bond market hits new record in H1

Catastrophe bond issuance climbed to $17.3bn in first half of the year, according to AM Best

InsuranceLinked Securities Reinsurance

Conduit names Mongiello COO

Bermudian reinsurer hires another Aspen executive

Reinsurance People moves

Europe’s big-four book strong first half despite revenue drop

Reinsurers saw their average combined ratio improve to 76.9% in the half-year period

Hannover Re Munich Re

Gallagher Re launches digital risk practice

New practice brings together cyber, AI and data centre expertise

Reinsurance Specialty

Conduit Re parent names new CFO

Bermuda reinsurer hires Aspen senior executive Mark Pickering

People moves Reinsurance

Willis Re buys BMS Re US

Acquisition provides ‘strong platform’ to accelerate reinsurance broker’s geographic growth and diversify business lines

Broker Mergers and Acquisitions

Envelop approved for Lloyd’s syndicate

Cyber reinsurance specialist looks to expand into ‘complementary’ casualty and specialty lines

London Cyber

Bermuda regulator consults on AI guidance

Rules will require a uniform level of oversight from all firms, regardless of size

Regulation Technology

Aspen acquisition boosts Sompo International profit

Japanese giant’s overseas division reports adjusted profit up 24% to $423m in the three months to the end of June

Property Reinsurance
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