Reinsurance
TigerRisk Names Bartell to Head Its UK Retro Desk
TigerRisk Partners, the reinsurance broking and risk/capital management firm, today announced that Martin Bartell has been named head of its UK-based retrocessional and specialty reinsurance ...
JLT to Acquire Towers Watson’s Reinsurance Brokerage Business
Jardine Lloyd Thompson Group plc (JLT), one of the world's largest suppliers of insurance and employee benefits related advice, brokerage and services, will acquire the reinsurance brokerage business ...
Terror Risk Bond Market Unlikely, Says Swiss Re Americas CEO
Testifying before the House Committee on Financial Services on the future of the federal terrorism backstop Thursday, a reinsurance executive said the capital markets will not solve terrorism ...
Germany’s Ergo Expects Asia, Eastern Europe Premium Growth
Munich Re's insurance unit, Ergo Versicherungsgruppe, plans to increase international premiums by more than a fifth over the next five years on sales in Asia and eastern Europe. "We aim to increase ...
PartnerRe Says German Hail Impact to Exceed $50M
PartnerRe Ltd. announced estimates of its cost for the German hailstorms that occurred in the last week of July 2013, putting the losses at between $50 million and $60 million pre-tax. The range of ...
Loeb Reinsurer Faced SEC Push to Improve Investment Disclosure
The U.S. Securities and Exchange Commission pushed a reinsurer co-founded by billionaire hedge fund manager Dan Loeb to provide more information about investments ahead of last month's initial public ...
Critics Take Aim at Crop Insurance Subsidies, Insurers’ Profits
Former American International Group Inc. chief Maurice "Hank" Greenberg has a new business partner: the U.S. taxpayer. Greenberg's Starr Indemnity & Liability Co. is one of 18 companies approved ...