reinsurance News
EU Seeks to Give Insurance, Other Finance Regulators More Post-Brexit Powers
The European Union moved a step closer on Thursday to beefing up its regulators to increase safeguards for consumers and create an EU capital market that reduces the bloc's reliance on Britain's ...
Everest Re CEO Addesso Will Retire at 2019’s End
Everest Re Group Ltd. President and CEO Dominic Addesso plans to retire at the end of 2019, the Bermuda-based insurer and reinsurer disclosed on Jan. 7. The board of directors has already begun a ...
Still More Brexit Drama: UK PM May Warns of ‘Uncharted Territory’ With Rejected Deal
Prime Minister Theresa May said on Sunday that Britain would be in uncharted territory if her Brexit deal is rejected by parliament later this month, despite little sign that she has won over ...
Brexit Deal Fails to Earn Support From UK PM May’s Party
British Prime Minister Theresa May's bid to push her Brexit plans through parliament was dealt another blow on Friday when a survey showed most of her own party's members oppose the agreement and ...
January Renewals Are Splitting Into Two Tracks: Willis Re
Reinsurance placements at Jan. 1, 2019 highlight a pricing gap between accounts with peak peril exposures, or poor loss records, and the rest, with many reinsurers placing emphasis on the quality of ...
Brexit May Not Happen if UK Parliament Rejects May’s Agreement: Report
The chances of the U.K. leaving the European Union are "50-50'' if Parliament rejects Prime Minister Theresa May's withdrawal agreement in January, International Trade Secretary Liam Fox said in a ...
RenRe, Dutch Pension Fund Manager Launch New U.S.-Focused Reinsurer
RenaissanceRe Holdings Ltd. teamed with Dutch pension fund manager PGGM to launch Vermeer Reinsurance Lt., a reinsurer designed to provide capacity focused on risk remote layers in the U.S. ...
Swiss Re Appoints Leader for ReAssure as it Mulls Possible IPO
Swiss Re named a chief executive officer for its British closed book business ReAssure on Monday as the Swiss reinsurance company prepares the business for a possible initial public offering (IPO). ...