25 May 2017

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Hansen becomes aviation supremo at AGCS

Allianz Global Corporate & Specialty (AGCS) has appointed Mike Hansen as global head of aviation, effective immediatelyRead more

Agricultural producers embrace parametric solutions

French and Taiwanese farmers have this week signed up to risk transfer solutions that embrace parametric triggers, in a further demonstration of the changing nature of cover for risks that are increasingly looking beyond the parameters of traditional facultative supportRead more

Fac drives Hong Kong growth

Facultative reinsurance has been the driving force of the Hong Kong (re)insurance market in recent years, accounting for 94.6 percent of premium accepted in 2015, according to a report out this weekRead more

Hamilton Re receives $150mn annual boost from Dupperault deal

American International Group has will agree to cede at least $150mn of reinsurance premium per year to Hamilton Re for the next six years, with this figure set to increase by 7 percent per year from 2018, as part Brian Dupperault's move to become its next CEORead more

Large losses dent Tokio Marine

The Asian division of Tokio Marine Holdings reported a 50 percent drop in profits to 7.5bn yen for the financial year ended 31 March 2017, which the company said was partly attributable to large lossesRead more

Beazley guns for US environmental risk

London-listed Beazley has boosted its environmental liability insurance capabilities with the hire of two underwriters in the USRead more

Trio combine for Asian political risk

Lloyd's players Beazley, Chaucer and Talbot have formed an Asia political risk consortium that offers increased capacity for a wide range of political and contract frustration risks from the Lloyd's Singapore hubRead more

QBE Europe restructures

QBE Europe is consolidating its two underwriting divisions into a single unitRead more

BHSI hires Leeks for casualty drive

Berkshire Hathaway Specialty Insurance has hired the well-regarded Martin Leeks as head of casualty for BHSI UK and Southern EuropeRead more

News analysis

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Reinsuring the sacred state

Will the formation this year of a new state-backed reinsurer upset the facultative apple cart in Russia? Inside FAC takes another look at this dynamic, and sometimes unsettling, marketRead more

Mining for cyber risks

A recent report by JLT on theft and fraud risks in the mining industry suggests that cyber attacks such as social engineering are a growing threat to a sector already vulnerable to physical attackRead more

Upstream endgame?

Increased capacity, further competition, falling rates and dwindling premium income continue to characterise the current state of the offshore energy market. Inside FAC asks whether we are any closer to a reversal of fortuneRead more

Blurred lines

Dear fac-ster,I was flipping through the pages of sister title IQ this week and came across the interview with eReinsure CEO Igor Best-Devereux (who incidentally started his career in Sedgwick Risk Special Services, which sounds to me like some elite unit of the reinsurance market, going into territories that standard infantry units will not touch) Read more

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