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AXIS Capital reports overall Q2 decline in reinsurance business
29 July 2021
Bermuda Reporter Rebecca Delaney

AXIS Capital Holdings has reported a 13 per cent year-on-year increase to $1.9 billion in gross written premium for Q2 2021

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Direct Line partners with Motability Operations
26 July 2021
UK Reporter Rebecca Delaney

Direct Line Insurance Group has partnered with Motability Operations to provide insurance coverage to the latter’s Motability Scheme for 10 years

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BMS Re acquires alternative risk reinsurance broker Trean
09 July 2021
London Reporter Rebecca Delaney

BMS Re has fully acquired independent reinsurance broker Trean Intermediaries, with all staff and infrastructure transferring over to the insurance and reinsurance broker

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EIOPA: pandemic has caused uncertainty in the European reinsurance sector
08 July 2021
Germany Reporter Rebecca Delaney

The European reinsurance sector has been exposed to significant uncertainty during the COVID-19 pandemic, which has led to a threefold decline in the capital positions of reinsurers, gross written premium for life reinsurance, and underwriting profit

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PFI closes £6bn reinsurance transaction using Zurich
29 April 2021
UK Reporter Maria Ward-Brennan

The international reinsurance business of the Prudential Insurance Company of America has closed its first reinsurance transaction involving an unnamed UK pension scheme using an independent regulated insurer, Zurich Assurance, as intermediary

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A.M. Best: ILS and traditional reinsurance market showed resilience at Jan renewals
25 March 2021
New Jersey Reporter Becky Bellamy

The report, Insurance-Linked Securities Market Weathers Elevated Catastrophe Activity and Global Pandemic in 2020, finds that the global reinsurance capital returned to its pre-pandemic level of $485 billion at year-end 2020

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DARAG enters second reinsurance agreement with Protector Forsikring
10 March 2021
Germany Reporter Maria Ward-Brennan

DARAG Group has signed a retrospective quota share reinsurance agreement with Protector Forsikring, a multinational general insurance company listed on the Oslo Stock Exchange

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