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SCOR returns to London market for new $250m catastrophe bond
Alternative Risk Transfer
French reinsurer SCOR has returned to the London market for its latest $250 million catastrophe bond to protect itself against losses from named storms and earthquakes in the US and Canada, and windstorms in Europe.   3 June 2019
MGA Hive Aero expands into third-party aviation war liability with $47.5m capacity
Insurance
Hive Aero, a managing general agency (MGA) specialising in aviation hull war insurance, has expanded into underwriting excess third-party aviation war liabilities (AVN52) with $47.5 million capacity for 2019.   3 June 2019
HDI Global Specialty taps delegated authority underwriter from Lloyd’s syndicate Starstone
Insurance
HDI Global Specialty SE, a new specialty lines insurer created from merging the specialty lines activities of Hannover Re and HDI Global, has appointed Karen Frazer to its London-based US delegated authority underwriting team.   31 May 2019
Insurance
Talbot Underwriting, a subsidiary of American International Group (previously Validus Holdings), is closing its Australian office and Lloyd’s China division, in a move the company hopes will bring "enhanced value" to its partners in the region.   28 May 2019
Insurance
Specialty insurer Beazley has appointed Sally Lake to replace Martin Bride as the group finance director.   24 May 2019
Insurance
US-based global broker AmWINS Group and parent of THB Group, a specialist insurance and reinsurance broker, has appointed Matt Edwards as lead underwriter, property specialty in its London-based MGA Unicorn Underwriting.   24 May 2019
Alternative Risk Transfer
French reinsurer SCOR’s portfolio management company is acquiring 100 percent of the capital of insurance-linked securities (ILS) fund manager Coriolis Capital, in a move aimed at expanding its capacity on the ILS market, reaching an aggregate sum of $2.1 billion of assets under management (AUM) and operating in both Paris and London.   23 May 2019
Insurance
Technology is being used in increasingly flexible ways to create the insurance products needed by the modern world.   22 May 2019
Insurance
Willis Re, the reinsurance division of broker Willis Towers Watson, has entered into a strategic partnership with London-based insurtech company Concirrus.   22 May 2019
Insurance
Trust and perception remain major barriers to gathering and analysing more data from the property market to help the insurance industry mitigate losses, delegates heard during a panel discussion held at the Intelligent Automation event being held in London today (Tuesday May 21).   21 May 2019

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