Miller hires Aon Benfield’s Walters

Mar 29, 2012 by Adrian Hönig in  Baden-Baden Meeting

Miller’s reinsurance capabilities have been strengthened following the arrival of Russell Walters from Aon Benfield.

Walters has more than 25 years of experience in placing marine and energy reinsurance business, and, as Miller explained, “is adept at handling both non-proportional and proportional placements”.

The head of reinsurance at Miller, James Geffen, claimed Walters’ arrival will complement the broker’s existing capabilities within the sector.

Walters’ arrival comes just over a month after Miller added James Cunningham and Ewan Wauchope to its political risk, trade credit and political violence team.

Scor earnings fall one-fifth but life business blossoms

Mar 08, 2012

French reinsurer Scor recorded a 21.1% drop in net earnings in 2011 to €330m ($437.1m), as last year’s string of natural catastrophes took its toll on the profitability of the group’s property/casualty (p/c) business.

Cat losses leave Munich Re anticipating major increases at upcoming renewals

Mar 13, 2012

Munich Re has high expectations for the renewals in April and in July for natural catastrophe risks.

Beazley looks to France in 2012

May 10, 2012

IRELAND-domiciled Lloyd’s and specialty lines insurer Beazley has reported a 9% year on year increase in premiums for the first quarter to $465m, with a 2% average increase in rates. It also said that there was no adverse development for its estimated losses as a result of last year’s floods in Thailand.