Duggan joined Catalina Re in January, 2021 from his role as Senior Vice President (SVP), Manager Research, at investment consultancy Redington. Covering the reinsurance capital trends that affect this industry, alternative risk transfer, insurance-linked … 18th March 2020, Bahrain FinTech Bay and Trust Re Announce International Partnership. Read the full article, Insurance and legal professionals expect to see an increasing number of run-off deals in 2021, according to a new report by Global Insurance Law Connect (GILC), a network of re/insurance law firms. Read the full article, Reinsurance run-off group, Premia Holdings Ltd., has agreed to acquire Armour Re Ltd., a Bermuda-based P&C legacy reinsurer and a wholly-owned subsidiary of Armour Group Ltd., in an all-share transaction. Genesis Legacy Solutions (GLS) will focus in particular on clients in run-off or with blocks of reserves that are no longer core. Reinsurance News brings the reinsurance industry news that matters to a global audience. R&Q states that it plans to use the proceeds of this issuance to support continued growth in its Program Management ... Top Global Insurance & Reinsurance Brokers, DARAG signs retrospective quota share reinsurance agreement with Protector, RiverStone Europe & Hamilton Managing Agency complete RITC transaction, Run-off market set to thrive in 2021: GILC, Enstar’s net earnings rise by 89% on $1.6bn of realised & unrealised gains, Legacy deal activity to remain at record levels: PwC, Premia to acquire Armour Re; secures Aquiline-led equity investment, Compre announces completion of RITC with Coverys & AXA LM syndicate, Compre partners with Apollo to launch Lloyd’s legacy Syndicate 1994, Enstar completes $690mn workers’ comp reinsurance transaction with CNA, Bruce Hemphill to lead Catalina as co-founder Chris Fagan departs, DARAG announces reinsurance agreement with US retailer, Catalina Re hires Tom Duggan as Senior Investment Manager, Fleming Re establishes LPT reinsurance facility for BevCap, Maiden sets up Genesis Legacy Solutions unit, R&Q announces $107.75m Subordinated Notes issuance. News about the legacy insurance and reinsurance market, where legacy liabilities are run-off, transferred or acquired in legacy transactions, allowing their original holders or underwriters to achieve finality on those books of business. News: Reinsurance placements to expand in the UAE News: Lawrence Mutsunge Nazare, new Group Managing Director of Continental Re News: Allianz Nigeria to enter the cyber insurance market News: Orient Takaful Insurance The significant level of realised and unrealised gains includes $1.3 billion relating to ... She brings over 15 years of claims leadership experience with specialisation in Excess Casualty, Financial Lines, and Healthcare. The new, innovative loss portfolio transfer (LPT) facility provides BevCap's members with the ability to remove seasoned risks by providing full economic and legal finality ... Fagan has led Catalina for the past 15 years since he founded the legacy firm with Dean Dwonczyk in ... Trust International Insurance and Reinsurance Company B.S.C. Recent legislative reforms have gradually opened the market to international groups, thus facilitating the establishment of foreign reinsurance branches. Reinsurance News The latest reinsurance news from Artemis. Under the terms of the deal, CNA has ceded net insurance reserves to the subsidiary of ... insuranceNEWS.com.au features local, corporate, regulatory and … Get reinsurance news by email here. CPD accredited technical insurance and reinsurance briefings and workshops. tweet. Specialty insurance and reinsurance firm Argo has announced the appo... intment of Tom McCartney as group head of ceded reinsurance. Armour Group is an Aquiline Capital Partners LLC portfolio company and in concurrence with the acquisition, an investor group led by ... Global specialty insurance and reinsurance underwriter Ascot has appointed Joy LaHuta as its Senior Vice President, Head of Claims in Bermuda. Email * Only email is mandatory, but the more you tell us about yourself the better we can serve you in future! Website Privacy & Cookies and Disclaimer. Legacy acquirer DARAG Group Limited has announced the signing of a retrospective quota share reinsurance agreement with Protector Forsikring ASA. Getting your daily reinsurance news from Reinsurance News is a simple way to receive only the reinsurance industry news that matters, delivered directly to your email inbox. Only email is mandatory, but the more you tell us about yourself the better we can serve you in future. Global insurance and reinsurance group AXA has reduced its exposure to peak U.S. natural catastrophe events at the January 2021 renewals, lowering its retention for major hurricanes and earthquakes by one-third and its aggregate News related to flood insurance and reinsurance, including: new products and market innovation; flood insurance market loss events; companies underwriting flood insurance or reinsurance; public flood insurance through the NFIP; and the expanding availability of private market flood coverage. In India, professional reinsurance activity has long been under the monopoly of General Insurance Corporation of India (GIC Re), the only local reinsurance company. Once the deal completes, DARAG will provide Protector, ... Read the full article, New data from PwC shows that participants in the legacy re/insurance market expect deal activity to remain “at record highs” this year, with the US and Lloyd’s markets set to be particularly busy. Email * Only email is mandatory, but the more you tell us about yourself the better we can serve you in future! GILC looked at the drivers of legacy business in both mature and emerging insurance markets, helped by member firms ... Get reinsurance news by email here. Enstar's subsidiary has finalised a transaction to reinsure a legacy portfolio of excess workers' compensation business. This field is for validation purposes and should be left unchanged. News and analysis on catastrophe bonds, reinsurance, insurance linked securities & investments, alternative reinsurance capital, risk transfer and weather In Insurance Marine News, Keep, Legal, Marine Liability. With reinsurance, the company passes on ("cedes") some part of its own insurance liabilities to the other insurance company. Read the full article. The legacy specialist's Lloyd's Syndicate 1994, which is managed by Apollo Syndicate Management, was launched last week. Reinsurance News - Insurance JournalREINSURANCE NEWS | REINSURANCENEWShttps://ReinsuranceNews.com #Reinsurance #ReinsuranceNews Getting your daily reinsurance news from Reinsurance News is a simple way to receive only the reinsurance industry news that matters, delivered directly to your email inbox. This field is for validation purposes and should be left unchanged. Read the full article, Legacy acquirer DARAG has completed a transaction with a major US retailer to provide finality to its legacy workers compensation liabilities. DARAG Deutschland AG (DAG), DARAG's German risk carrier, will be the vehicle for the transaction and assume booked reserves in excess of €180 million. Steve Evans Ltd. registered in England No. Read the full article, Legacy acquirer Enstar Group Limited has reported a rise in net earnings for 2020 to $1.7 billion from the $902.2 million reported a year earlier, driven by net realised and unrealised gains of $1.6 billion for the year. Reach the largest reinsurance audience. Read the full article, Legacy specialist RiverStone Europe has completed a reinsurance-to-close (RITC) transaction of the legacy liabilities of the 2018 and prior years of account of Syndicate 4000, managed by Hamilton Managing Agency Limited. Read the full article, Bermuda-based, run-off reinsurance provider, Fleming Reinsurance Ltd. (Fleming Re), has announced the formation of a new custom reinsurance facility for BevCap P&C Protected Cell, Inc. (BevCap). Reinsurance refers to the insurance taken up by an insurance company to mitigate heavy losses when it does not wish to bear the entire risk of loss and thus shares it with some other insurer. We have 170,000+ monthly reinsurance news readers & 14,500+ daily email subscribers. Specialty insurance and reinsurance firm Argo has announced the appointment of Tom McCartney as group head of ceded reinsurance. Insights / Insurance & Reinsurance guide 2021 25-01-2021 / Insurance We are pleased to share with you Chambers and Partners 'Insurance & Reinsurance guide 2021', of which Simon Cooper is the contributing editor. Peter MacDonald Eggers QC and Douglas Grant of 7KBW Chambers have written on the matters that could arise relating to aggregation and Covid-19. 07337195 This latest transaction, which includes the purchase of AXA ... Read the full article, Legacy group Compre has completed its second Lloyd's transaction, the reinsurance to close (RITC) of Syndicate 3330's 2018 year of account into Compre's Syndicate 1994. Or find and follow Reinsurance News on social media. Steve Evans Ltd. registered in England No. insuranceNEWS.com.au is a free online daily news bulletin for Australia's general insurance industry and the wider financial services community. Get in touch directly using our contact form. . What to expect Our other reinsurance publications We also publish Artemis.bm, the leading publisher of news, data and insight for the catastrophe bond, insurance-linked securities, reinsurance convergence, longevity risk transfer and weather risk management sectors.. sectors.. Reinsurance is insurance that an insurance company purchases from another insurance company to insulate itself (at least in part) from the risk of a major claims event. Under the arrangement, legacy Pembroke business that remained with Liberty Mutual Group following Hamilton Insurance Group's acquisition of Pembroke and ... Online since 1999, Artemis provides news, analysis & data on catastrophe bonds, insurance-linked securities & alternative reinsurance capital.. Read more about Artemis . We have 170,000+ monthly reinsurance news readers & 14,500+ daily email subscribers. Read the full article, Catalina Re, the reinsurance arm of Bermuda-based insurance and reinsurance run-off and legacy specialist, Catalina Holdings, has appointed Tom Duggan as Senior Investment Manager. The latest reinsurance news for reinsurers, insurers, brokers and service providers By admin On May 1, 2020. Law and Practice' chapter in the Chambers and Partners Global Practice Guide 2021 on Insurance & Reinsurance. We also publish Artemis.bm, the leading publisher of news, data and insight for the catastrophe bond, insurance-linked securities, reinsurance convergence, longevity risk transfer and weather risk management sectors.. We’ve published and operated Artemis since its launch 20 years ago and have a readership of around 60,000 every month. Email * Only email is mandatory, but the more you tell us about yourself the better we can serve you in future! All content copyright © Steve Evans Ltd. 2021 All rights reserved. Or find and follow Reinsurance News on social media. News: Reinsurance placements to expand in the UAE News: Lawrence Mutsunge Nazare, new Group Managing Director of Continental Re News: New bill on the Ghanaian insurance market News: Allianz Nigeria to enter the cyber Performers, music industry bodies, and re/insurers are renewing their calls for the UK Government to underwrite cancellation costs of events such as music festivals and tours, to enable the restart of the live entertainment sector from this summer. Mondaq uses cookies on this website. Saturday, 31 October 2020 08:47. Reinsurance is pivotal to keeping insurers going in the wake of such as major insurable disasters as hurricanes and wildfires. We also publish Artemis.bm, the leading publisher of news, data and insight for the catastrophe bond, insurance-linked securities, reinsurance convergence, longevity risk transfer and weather risk management sectors.. We’ve published and operated Artemis since its launch 20 years ago and have a readership of around 60,000 every month. The transaction was conducted through one of DARAG North America’s insurance entities. In insurance, the protection is either provided to an individual or things. Tom Booth, Chief Executive Officer of DARAG, said the transaction demonstrates DARAG’s ambitions in the US market and how ... Respondents to PwC’s Global Insurance Run-off Survey reported that predicted growth in the legacy market materialized over 2020, ... Insights / Supreme Court checks out of Orient Express Hotel Top Global Insurance & Reinsurance Brokers, To cut uninsured risks & prevent bankruptcies use more models, finds Oxford study, US winter weather to exceed $10bn loss: Aon, There’s more to do but demand for cyber reinsurance is growing: Chatterjee, Envelop Risk, Stonybrook Capital develops ILW pricing service, Renewal rates continue to vary across major commercial lines: IVANS, IGI posts robust 2020 result as underwriting performance improves, European reinsurers grew portfolio by 5% at 1/1: Litmus, Hannover Re’s income robust but large losses (COVID) dent underwriting result, General insurance in Taiwan to hit $8.3bn by 2024: GlobalData, U.S. P/C sector outlook improving but BI uncertainty remains: Fitch, Citizens targets $2.6bn in reinsurance as policy count swells, Uri losses to sustain reinsurance rates through mid-year: KBW, Reinsurers disappointed with January renewals: S&P, Supercede founders see opportunity in overlooked reinsurance space, COVID spurred digital push in re/insurance: Willis Re’s Andrew Johnston, Pool Re adds Claudio Gienal & Alan Rubenstein to its Board, Gosset-Grainville to succeed Denis Duverne as AXA Chairman, Africa Specialty Risks hires Peter Way as first Actuary, QOMPLX to develop multi-peril modeling platform, Assurant to sell Global Preneed to CUNA Mutual Group for $1.3bn, Willis Re launches cat risk model for hail events in South Africa, Lockton partners with Four Twenty Seven to provide climate data, AXA Partners and Ancileo renew partnership, Cowbell Cyber raises $20mn in Series A funding round, Lloyd’s announces first version of its Core Data Record under Blueprint Two, Lloyd’s updates electronic response targets, Lloyd’s to reopen underwriting room on May 17, Hiscox falls to 2020 loss on COVID-19 reserves, Munich Re backs cybersecurity service by Deep Instinct, Swiss Re CorSo and Coalition deepen collaboration. All content copyright © Steve Evans Ltd. 2021 All rights reserved. Read the full article, Program management and legacy specialist, Randall & Quilter Investment Holdings Ltd. (R&Q), has announced an agreement to issue 13-year unsecured subordinated Tier 2 notes in an amount of USD 107.75 million. The Genesis team will be ... Getting your daily reinsurance news from Reinsurance News is a simple way to receive only the reinsurance industry news that matters, delivered directly to your email inbox. facebook. Flood insurance and reinsurance news. Read the full article, Chris Fagan, co-founder of legacy specialist Catalina Holdings, is to step down from his role as Chief Executive Officer (CEO) and be succeeded by Bruce Hemphill, current Chair of the Catalina Board. Get in touch directly using our contact form. Arch Capital Group, the Bermuda headquartered insurance and reinsurance specialist, has returned to the capital markets to sponsor an almost $70 million renewal … Syndicate 1994 will have the ability to execute the full range of legacy transactions ... IRLA Young Professionals Group (YPG) For those under 35 or new to and working in the (re)insurance legacy sector. 07337195 Aon / WTW defend proposed merger after competition concerns raised - Reinsurance News Global re/insurance brokers Aon and Willis Towers Watson (WTW) have cited a range of competitive dynamics in defence of their proposed combination; after Global insurance and reinsurance brokerage firm, Aon, has launched a... new fuel insurance solution for the shipping and aviation industries, backed by AAA-rated credit insurance. Getting your daily reinsurance news from Reinsurance News is a simple way to receive only the reinsurance industry news that matters, delivered directly to your email inbox. Our Focus Aggregation in insurance and reinsurance: Covid-19. By combining our experience in knowledge management and our broad reinsurance insight with technology we aim to bring you the most important reinsurance news online and in our daily emails. By submitting the form you are giving your consent to be emailed by us. Email * Only email is mandatory, but the more you tell us about yourself the better we can serve you in future! Email * Only email is mandatory, but the more you tell us about yourself the better we can serve you in future! Website Privacy & Cookies and Disclaimer. Read the full article, Bermuda-based re/insurer Maiden Holdings has announced the formation of a new legacy solutions unit that will specialise in providing services to small US insurance entities. By combining our experience in knowledge management and our broad reinsurance insight with technology we aim to bring you the most important reinsurance news online and in our daily emails. Peak Reinsurance Company Limited, a Hong Kong-based global reinsurer, has announced that its wholly-owned subsidiary Peak Re (BVI) Holding Limited, has successfully completed the issuance of USD250 million of perpetual…. Reinsurance News is run by professionals with years of experience in journalism, knowledge management and the curation of timely insight for the reinsurance and risk transfer sectors. During his time with Redington, which commenced ... Reinsurance News is the most widely read publication with a reinsurance and wholesale/specialty insurance leaning, with more than 150,000 readers per-month. The "Insurance, Reinsurance and Insurance Brokerage Global Market Report 2021: COVID-19 Impact and Recovery to 2030" report has been added to ResearchAndMarkets.com's offering. Getting your daily reinsurance news from Reinsurance News is a simple way to receive only the reinsurance industry news that matters, delivered directly to your email inbox. (Trust Re), the largest reinsurer in the Middle East has become an international partner of Bahrain FinTech Bay, the leading FinTech Hub in the region. McCartney will be based in Chicago and succeeds Katie Partington Howarth, who is set to leave the company. This is where insurance professionals will … Daily Reinsurance News Search Third re/insurance SPAC vehicle from Cohen & Co. raises $250m IPO 23rd December 2020 - Author: Steve Evans The third insurance, reinsurance … Read the full article, A wholly owned subsidiary of legacy acquirer, Enstar Group Limited, has completed a reinsurance transaction with Continental Casualty Company (CNA). May 3, 2020. Read the full article, Legacy group Compre has entered into a strategic partnership with independent specialist re/insurer, Apollo Syndicate Management, to launch a new Lloyd's of London legacy business focussed Syndicate 1994, which has received approval from The Council of Lloyd's. Only email is mandatory, but the more you tell us about yourself the better we can serve you in future. Reach the largest reinsurance audience. google+.

Finance Lease Tax, Accountancy Project For Class 11 Cbse 2020-21, What Is Miscellaneous Charge Voucher, World Chef Hack, Orukkam Sslc 2020, Halfords Outlet Ebay, The Little Things Film Stream,