Sompo Japan Nipponkoa is set to absorb 34.1bn yen ($285mn) of insured losses from August's Typhoon Goni, the Japanese insurance giant indicated today (1 October)
Asta's recently launched manging general agency (MGA) platform, Asta Underwriting Management (AUM) has appointed John Holm as executive, MGA investments.
Berkshire Hathaway's shareholding in Munich Re has dipped into single digits for the first time in nearly five years after the Warren Buffett-led conglomerate reduced its stake in the world's largest reinsurer
PartnerRe shareholders are set to vote on the reinsurer's proposed acquisition by Italian investment vehicle Exor at a special general meeting on 19 November
Richard Carter, chairman of Beaufort Underwriting Agency, is set to resign from the board of the Lloyd's managing agency in 2016, along with non-executive director Malcolm Cox.
Argo's Lloyd's operation and Asia Capital Re (ACR) have confirmed their intention to form a special purpose syndicate (SPS), a move first revealed by The Insurance Insider earlier this month
Towers Watson's proposed merger with (re)insurance broker Willis could be in jeopardy following criticism from the consultancy's investors over the transaction's value proposition.
Probable maximum losses (PMLs) for US wind risk generally subsided ahead of the peak North Atlantic hurricane season, as (re)insurers tweaked their cat exposure in the face of a prevailing soft market environment.
After a pause, the pool of London-listed specialty carriers has resumed shrinking this year with another three (re)insurers succumbing to the advances of foreign buyers.
Hiscox has merged its Bermuda and London market casualty reinsurance teams into a single division operating under the Hiscox Re brand, the carrier has announced.
Price increases for US commercial lines continued to moderate in the second quarter of this year as rate rises slowed to 1 percent, Towers Watson's latest Commercial Lines Insurance Pricing Survey (CLIPS) has shown.
Sian Fisher, former chief underwriting officer of AJ Gallagher International, has been appointed to the board of Asta's new managing general agent (MGA) platform as a non-executive director, The Insurance Insider can reveal.
PartnerRe president Emmanuel Clarke is set to become CEO of the Bermudian reinsurer following the close of its impending $6.9bn sale to Exor, The Insurance Insider can reveal.
US commercial P&C pricing remained flat in August, despite widespread anecdotal evidence of softening across the market, according to the latest survey from MarketScout.
Reinsurers remained focused on capital management in the second quarter as deployment opportunities became further constrained and M&A activity continued