China cuts benchmark rate for life insurance products as industry enters product transition phase

Simon Wilson, Chief Executive Officer (CEO) of Markel Insurance, said recently that a really important part of the firm’s deal to sell the renewal rights for its Global Reinsurance business to Nationwide, was the large number of the reinsurance underwriting team that had already moved Ryan Re Underwriting Managers, Ryan Specialty’s MGU.As we wrote this morning, Markel has placed its Global Reinsur