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China Re Posts Lower 2025 Profit on Economic, Market Changes
China Reinsurance (Group) Corp. reported lower net profit for 2025 as the group said it evaluated its assets and liabilities based on the macroeconomic environment and market ...
Source: BestWire   Date: April 7, 2026
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Chaucer Group Appoints CEO Singapore
March 2, subject to regulatory approval. To will transition to a consultancy role after 17 years with the company. In addition, Chaucer appointed Dan Bryan as head of reinsurance ...
Source: BestWire   Date: January 13, 2026
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Fidelis Exec Joins Chaucer as Head of Renewable Energy and Energy Transition
Ray has more than 10 years of underwriting experience. She joins from Fidelis Partnership, where she served as head of renewable energy for four years. Prior to that, she spent ...
Source: BestWire   Date: May 27, 2025
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Chaucer Launches International Direct and Facultative Property Consortium
Chaucer said in a statement. With increasing demands on speed of service and growing facilitized capacity, Chaucer is working with InsurX to enhance the service provided to its ...
Source: BestWire   Date: March 26, 2025
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Evolin Broking Launches Casualty Division With Three Appointments
...Rhodes will be based in London. Settle-Rhodes joins Evolin from Bowring Marsh, where she was an international casualty broker for more than eight years. Prior to this, she spent 14 ...
Source: BestWire   Date: August 7, 2024
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Evolin Launches $500 Million Limit Terrorism Facility With Chaucer Backing
Marsh said at the time. Underwritten by Lloyd's insurers, ECHO allows clients to access capacity to address cyber and technology risk exposures in any territory licensed by ...
Source: BestWire   Date: May 8, 2024
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Creditors, Liquidators Get Bermuda Court OK for Next Vesttoo Bankruptcy Move
Chapter 11 plan involving White Rock and other parties. The Bermuda court's decision, filed with the U.S. Bankruptcy Court for the District of Delaware, allows the JPLs to ...
Source: BestWire   Date: March 25, 2024
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Delaware Court Approves Vesttoo Creditors' Bankruptcy Plan
Bankruptcy Court for the District of Delaware. The court approved the plan and related disclosure statement along with supplement documents, according to the plan order. Formed ...
Source: BestWire   Date: March 4, 2024
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Vesttoo Creditors Reach $15.6 Million Settlement With Chaucer
The settlement was approved by a judge in U.S. Bankruptcy Court for the District of Delaware between the Official Committee of Unsecured Creditors of Vesttoo, appointed in the ...
Source: BestWire   Date: February 20, 2024
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Vesttoo Restructures as Regulator Launches Liquidation Proceedings Against Bermuda Unit
The proceedings are by order of the Supreme Court dated Aug. 2., the BMA said in a regulatory notice. Charles Thresh and Michael Morrison of Teneo (Bermuda) Ltd. were appointed as ...
Source: BestWire   Date: August 8, 2023
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Insurtech Vesttoo Seeks Collateral Options Amid Letters of Credit Investigations
The board said there are no plans to liquidate the company. Vesttoo earlier announced layoffs amid fronting insurance turmoil and investigations involving questionable letters of ...
Source: BestWire   Date: August 7, 2023
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Vesttoo Board Considers Removing Top Officers Amid Letters of Credit Probes
...They will be on paid leave until a final decision is taken. We are exploring multiple options for interim replacements, but no decision has been taken as of yet." The board said ...
Source: BestWire   Date: August 3, 2023
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Vesttoo Announces Layoffs as Letter of Credit Investigations Threaten Broker Aon
Aon is affected by the Vesttoo fallout as well. "Aon is actively evaluating the Vesttoo matter, cooperating with relevant authorities, and coordinating with other impacted third ...
Source: BestWire   Date: August 1, 2023
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Reinsurance Group Corinthian Confirms Its Own Investigation Into Vesttoo-Related Letters of Credit
... Bank (BestWire, July 25, 2023). Clear Blue in a statement addressed "recent news regarding Vesttoo and allegations that letters of credit issued by the China Construction Bank ...
Source: BestWire   Date: July 28, 2023
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Typhoon Odette Triggers $52.5 Million Catastrophe Bond Payout for Philippines Government
Department of Finance said in a statement. With the payout, the government has outstanding $97.5 million coverage for typhoons and $75 million for earthquakes until November 2022, ...
Source: BestWire   Date: January 26, 2022
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Lloyd’s Launches Renewable Energy Insurance Consortium for Asia-Pacific Risks
International Renewable Energy Agency. It is expected the Asia-Pacific region will continue to outperform other regions as a market for the investment and development in renewable ...
Source: BestWire   Date: December 23, 2021
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First Hong Kong Insurance-Linked Securities Issuance Comes From China Re
China Reinsurance (Group) Corp. and China Property & Casualty Reinsurance Co. Ltd. through Greater Bay Re Ltd. Aon plc's investment banking team structured and placed the first ...
Source: BestWire   Date: October 1, 2021
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Chaucer Launches Political Violence Risk Consortium for China’s Belt and Road Initiative
Talbot and Tokio Marine Kiln, Chaucer said in an email. The Belt and Road Initiative is a major global infrastructure development project to assist growth of the Chinese economy ...
Source: BestWire   Date: June 24, 2021
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AM Best Upgrades Credit Ratings of China Reinsurance (Hong Kong) Company Limited
Company Limited (China Re HK) (Hong Kong). The outlook of the Long-Term ICR has been revised to positive from stable, whilst the outlook of the FSR is stable. These Credit Rating ...
Source: Press Releases   Date: June 16, 2021
AM Best Upgrades Credit Ratings of China Reinsurance (Hong Kong) Company Limited
Company Limited (China Re HK) (Hong Kong). The outlook of the Long-Term ICR has been revised to positive from stable, whilst the outlook of the FSR is stable. These Credit Rating ...
Source: BestWire   Date: June 16, 2021

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