Swiss Re Corporate Solutions is to provide capacity for an Aon Benfield product to indemnify charter flight operators against cancellation losses.
Ironshore has taken on Melanie Alexander as its new head of global property programmes, overseeing the carrier's London-based property facility business.
General Insurance Corporation (GIC Re) has recorded a loss of 1,500 crore rupees ($223mn) from last year's Chennai floods, according to the Indian reinsurer's chairman and managing director Alice Vaidyan.
Marketform has transferred its international medical malpractice (med-mal) business to Dale Underwriting following the news in January that it was exiting the class, sister publication The Insurance Insider has revealed.
Italian cedant Generali continued its focus on reducing its reinsurance spend in 2015, with insurance provisions ceded to reinsurers falling slightly to EUR4.09bn for the year (FY2014: EUR4.38bn) as the carrier continued to embark on "a more efficient management of facultative reinsurance".
The rebirth of the formerly beleaguered US casualty facultative space has continued apace with the entrance of TransRe.
Lloyd's has appointed its first country manager for India after a series of developments which have heralded the opening up of the country's (re)insurance market to international carriers.
Recent unplanned outages of some Colombian electric generation plants have impacted approximately 10 percent of the country's electric generation supply in March, according to Fitch Ratings.
Continuing problems at its primary arm Ergo have made Munich Re revise downwards its profit forecast for 2016.
Some of this week's key moves in the global D&F market...
Is there a job description in the world that doesn't specify a level of innovation and creativity? I think a lot of this is balderdash, especially in our market, where genuine innovation is very hard to come by.