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OdysseyRe adds to Central America treaty team

The reinsurer has brought in Rodrigo Martinez from Patria Re to head up its Mexican and Central American treaty business.

Christopher Munro, January 16, 2019
Loss hit property cat reinsurance rates up 2.5%-7.5% at 1.1: Aon

Rates across loss hit North American property catastrophe reinsurance programmes recorded increases from 2.5 percent to 7.5 percent at the recent January renewals, according to an Aon client reinsurance report. Meanwhile, loss-free accounts either held level or fell by up to 2.5 percent.

John Hewitt Jones, January 16, 2019
Reinsurance capital may rise in 2019, says Guy Carp

Following on from 2018 when dedicated industry capital actually reduced, Guy Carpenter's latest market report suggests it may in fact rise this year.

Christopher Munro, January 16, 2019
ZhongAn partners with Grab to create a digital insurance marketplace

Chinese online P&C insurer ZhongAn and digital ride-sharing company Grab have set up a joint venture that would offer different insurance products in southeast Asia.

John Hewitt Jones, January 16, 2019
AIG adds former CNA CEO Motamed to board

Tom Motamed served as chairman and CEO of CNA Financial from 2009 to 2016.

Christie Smythe, January 16, 2019
BHSI hires construction head for UK expansion

Berkshire Hathaway Specialty Insurance hired Scor’s Simeon Seamer to lead its new London division.

Catrin Shi, January 16, 2019
Willis Re pegs 2018 insured nat cat losses at $71.5bn

The estimate is lower than Munich Re's $80bn forecast but represents the third costliest 12 months for insurers of the past eight years.

Catrin Shi, January 16, 2019
Travelers grows in US M&A sector after ASQ capacity deal

ASQ will underwrite transactional risk policies with an initial gross capacity of $50mn per transaction.

Marissa Page, January 15, 2019
What PG&E’s bankruptcy will mean for insurers

Insurers aren’t likely to see much recovery from the utility for billions of dollars in wildfire damages, according to experts.

Christie Smythe, January 15, 2019
AccuRisk welcomes second Greenlight Re investment

Greenlight Re is now the largest shareholder in Chicago-based managing general underwriter AccuRisk.

John Hewitt Jones, January 15, 2019

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