Fidelis unveils new Irish (re)insurer


Fidelis has unveiled a newly licenced Dublin subsidiary staffed with a phalanx of experienced management from rival (re)insurers, the Bermudian-headquartered firm announced today.


Swiss Re unveils new UK & Ireland CEO


Swiss Re has filled its vacant UK & Ireland CEO position with Tava Madzinga, the current head of its MENA region.

Emirates towers in dubai at dawn

‘Alternative capital hasn’t tapped into Eastern Europe or MENA yet’: Aon


Cedants in Central and Eastern Europe, Middle East and North Africa are yet to fully embrace the burgeoning alternative capital markets, according to Aon’s Tomas Novotny

Cyber security

Cyber risks are global but insurance not meeting demand: Munich Re


Demand for cyber insurance is growing rapidly as increasingly costly events prove no market, sector or company is spared, irrespective of its size, from cyber risk, according to Munich Re.

ILS financial markets

Alternative capital put to the test


Bertrand Romagne, CEO Europe and CUO, P&C International reinsurance at Axa XL on the burgeoning ILS alternative capital market and the importance of scale


Differentiated approach from reinsurers key to Nordic and Benelux growth: Aon


In an ever more crowded market, reinsurers looking to grow their books in Nordic and Benelux countries will be helped by taking a focussed and segmented approach to evaluating their clients, according to Aon’s regional head


Free your capital and your cash will follow!


Russell Group founder and managing director Suki Basi discusses how carriers can deploy their capital to optimal effect


Danish insurer Qudos ceases underwriting


Only hours after the Lloyd’s Syndicate 1884 announced it had ceased underwriting, the unrated Danish insurer Qudos Insurance confirmed that it has suspended underwriting with immediate effect.

Talanx shares fall on Q3 profits warning i

Talanx share price down 6 percent as losses hit profit outlook


Shares in Talanx were trading down by almost 6 percent this morning (16 October) after the German (re)insurer warned of a “large loss burden” for its industrial lines business.

France flood 2018

Europe counts the cost of Storm Leslie


A week after Hurricane Michael left a trail of devastation across parts of the Florida panhandle, Portugal, Spain and France are counting the cost of Storm Leslie which struck over the weekend.


Lloyd’s commits to paying claims in ‘no deal’ Brexit


Lloyd’s of London will continue to ‘honour’ its commitments to policyholders and has pledged to continue to pay claims as the prospect of a “no deal” Brexit becomes greater.


Beale: Lloyd’s now “accelerating” Brexit plans


In her last week as CEO of Lloyd’s of London, Inga Beale has revealed the Corporation is “accelerating” its plans for its new Belgian European subsidiary as it fears the prospect of a “no deal” is becoming greater.


Perils pegs Xavier losses at EUR324mn


Catastrophe modelling firm Perils said it expects insured losses from Extratropical Cyclone Xavier to top EUR 324mn ($373mn).

london city

Starr swoops on HDI for head of Europe


Starr Insurance Companies has appointed Joost Vink as head of Europe.


MMC-JLT deal makes space for Holborn as top-10 reinsurance broker


MMC’s unexpected $5.6bn deal to acquire JLT, which will cement Marsh’s position as the world’s largest intermediary, will promote US broker Holborn into the number ten slot in Re-Insurance’s list of largest reinsurance brokers by revenue.

Brexit referendum uk 1468255044b ix

Markel’s German Brexit hub handed A rating by S&P


Markel’s German subsidiary that was set up to handle European business after Brexit has been given an A rating from S&P.


Kessler accuses CIAM of 'baseless' accusations in fightback


Scor chairman and CEO Denis Kessler has accused the European activist investor CIAM of making “baseless, false and misleading” accusations in its attempts to publicly draw the French reinsurer into takeover talks with bidder Covea.

Auckland, New Zealand

CBL’s administrators sell off EISL


The administrators of defunct New Zealand carrier CBL have sold its Tunbridge Wells-based construction insurer EISL.


Scor responds to European activist investor CIAM


Scor has today responded to demands by a European activist investor to engage with potential acquirer Covea by again dismissing the merits of the approach but added that it is “committed to continue creating value for its long-term shareholders”.


New Nordic sues Echelon over 2017 Qudos sale


Scandinavian focused investor group New Nordic has issued legal proceedings against the listed Canadian Insurance group Echelon Financial Holdings Inc after the failure of recent settlement talks, Re-Insurance can reveal.