Reinsurance
Executives On The Move at PartnerRe, CoreLogic and Argo Group
PartnerRe hired a former Aon Benfield executive to be its new head of Latin America. CoreLogic appointed a new CEO, after the unexpected passing of its previous leader. Argo Group International ...
U.S. Fruit Growers Risk Disaster From Record February Warmth
February's record warmth across the U.S. means several weeks of worry for fruit growers in the Midwest and Northeast as trees flower early, leaving them vulnerable to a hard freeze that could sweep ...
Are Fears of a Brexit Exodus Overblown?
Depending on who you talk to, 232,000 U.K. jobs will be headed out the door after Britain withdraws from the European Union. Or it could be as few as 4,000. The range of forecasts -- from the ...
Reserve Strengthening Likely for UK Insurers After Personal Injury Discount Rate Cut
The earnings of U.K. insurers likely will be hit by reserve strengthening following the U.K. government's announcement of a dramatic cut to the discount rate used to calculate lump-sum personal ...
Arch Re Launches Gulf Underwriting Entity to Supplement Gulf Re’s Role
Arch Reinsurance Ltd. has created an entity to handle its underwriting in the Gulf region and eventually replace the role Gulf Re plays in its business there, a few years after it had fully acquired ...
Brexit Aftermath: UK-Regulated Ship Insurers Eye Luxembourg, Cyprus Outposts
U.K.-regulated ship insurers are preparing plans to open new outposts in European Union jurisdictions such as Luxembourg and Cyprus, fearing that Brexit will hinder access to the EU's financial ...
Third Point Re’s John Berger to Give Up CEO Slot, Remain as Board Chair
Third Point Reinsurance Chairman and Chief Executive Officer John Berger plans to step down as CEO on March 1. His designated replacement: Robert Bredahl, the reinsurer's president and chief ...
XL Group CFO Porrino to Retire on May 1; Robb Will Replace
XL Group Ltd. Chief Financial Officer Peter Porrino is retiring from his executive role this spring, though the Bermuda-based insurer and reinsurer has chosen from within the company to replace him. ...