Latest Casualty/Liability News
Claims costs burden adds to Ogden discount rate woe.
Reactions is pleased to announce Patrick G. Ryan, Founder, Chairman & CEO of Ryan Specialty Group, as the headline keynote speaker for the North America Re/Insurance Conference 2019!
Would prevent civil liability for insurers operating in the cannabis sector.
Peter Foster will serve as chairman of cyber unit.
Run-off of portfolio expected to take 3 years.
Will be led by former Chubb exec.
Richard Robin to serve as president.
Caution urged for those in the WC market in the long term.
Weaker demand prompts re-think.
The consolidated business will be called Carpenter Marsh Fac Re.
Africa Re’s group managing director and CEO, Corneille Karekezi, gives his perspective on the outlook for the continent’s reinsurance markets.
Interview: The top threat to catastrophe reinsurer RenaissanceRe’s new CEO Kevin O'Donnell maintaining his predecessor’s enviable returns is a flood of alternative reinsurance capacity settling for single-digit returns. He is bullish about RenRe's future.
Interview: Inga Beale says Singapore is going to a big area of strategic growth for Lloyd’s insurer and reinsurer Canopius, as less business makes its way to the London market.
Suramericana, Colombia's largest insurance company, wants to pursue plans of international expansion at the same time that competition in its domestic market becomes fiercer, according to Gonzalo Pérez Rojas, the company's CEO.
Fireman’s Fund is celebrating its 150th anniversary this year. But its recent history has been turbulent, with the US insurer having to rebuild trust with its German parent Allianz. Lori Fouché is confident the firm is now set for a period of strong profitability.
Interview: Albert Benchimol has had a busy year since taking over as CEO of Bermudian insurer and reinsurer Axis Capital, dealing with the ousting of its chairman and Superstorm Sandy losses. He is now confident that a strong period of growth is ahead for his firm.
Matthew Fairfield, CEO of Amsterdam-based start-up insurer ANV, believes the fall-out from the financial crisis has created the perfect opportunity for a new insurance and reinsurance player to enter the market and thrive.
Company profile: German insurance group Talanx, majority owner of Hannover Re, has floated at last. But the group will not use the deal as a springboard for aggressive growth, says the CEO of its industrial insurance unit.
In this month's Reactions