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The chief executive of JLT Towers Re, Alastair Speare-Cole, is resigning to “pursue other interests”, and will be replaced by group finance director Mike Reynolds at the end of the year. 1 September 2014
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Tower Group International has had its issuer credit ratings (ICR) downgraded from cc to c by rating agency AM Best. 1 September 2014
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The reinsurance sector is likely to see increased merger and acquisition (M&A) activity as more stressful market conditions limit organic growth potential. 29 August 2014
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Blue Capital Global Reinsurance Fund, the reinsurance fund managed by Montpelier Re subsidiary Blue Capital Management, has reported a 1 percent increase in its net asset value (NAV) for the first half of 2014. 29 August 2014
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Significant declines in the reinsurance market, particularly in property catastrophe lines, are set to persist into 2015. 29 August 2014
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Chief executive officer of Aspen Insurance, Chris O’Kane, and Willis Re chairman Peter Hearn, are among a number of senior executives speaking at a roundtable event in Monte Carlo this year. 29 August 2014
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Aon Benfield has sourced the reinsurance capacity for a unique cyber product developed by the Lloyd’s syndicate of mutual energy insurer AEGIS London. 29 August 2014
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The outlook for Brazil’s insurance sector is to remain stable as interest rates, which are helping to strengthen net investment income, offset price competition in the region. 29 August 2014
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Jardine Lloyd Thompson Group (JLT) is to significantly expand its US specialty capabilities and merge JLT Specialty and Lloyd & Partners to drive a new phase of growth. 29 August 2014
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According to Swiss Re’s latest report, insured losses from catastrophes in the first half of 2014 were much lower than the 10 year average. 28 August 2014
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