Articles
Alternative Risk Transfer
US insurer Liberty Mutual has renewed its Bermuda domiciled reinsurance sidecar Limestone Re at approximately $240 million, an overall lower target size than last year's $278 million due to a "revised portfolio composition". 2 July 2019
Insurance
Alleghany Corporation has appointed Jack Sennott as chairman, chief executive officer and president of its wholly-owned subsidiary CapSpecialty, an underwriter of commercial property, casualty and surety insurance coverages. 2 July 2019
Insurance
RT Specialty, a wholesale brokerage unit of Ryan Specialty Group, has hired Hiscox's Matt Bernal as vice president for its property practice group based in San Francisco. 1 July 2019
Insurance
Insurance services and investment company Randall & Quilter Investment Holdings (R&Q) is to acquire the entire issued share capital of Bermuda-based Sandell Holdings and its subsidiary Sandell Re (SRL) for an initial cash consideration of $25 million with further amounts payable subject to certain conditions being met. 1 July 2019
Alternative Risk Transfer
A recent downswing in interest in investing in the ILS market might be reversed by new developments, according to a new S&P Global Ratings report. 28 June 2019
Alternative Risk Transfer
Tom Johansmeyer of PCS, Verisk Insurance Solutions, considers five lessons the market will need to learn this summer. 28 June 2019
Insurance
Property/casualty insurer WR Berkley Corporation has launched a new unit under former AIG executive Jeanne Fenster that will provide primary commercial transportation insurance products in the US for standard and preferred risks. 28 June 2019
Insurance
Specialist insurer Beazley has hired two cyber & technology underwriters in the US to meet growing demand from middle market businesses for insurance cover for cyber, data security and privacy exposures. 28 June 2019
Insurance
American International Group (AIG) has appointed Tata Group's Shane Fitzsimons to join the company as global head of shared services, a newly created role that establishes a single point of accountability for key operational and financial capabilities provided by businesses and functions across the organisation. 28 June 2019
News
The long-running and increasingly bitter saga between re/insurer Argo and activist investor Voce Capital Management seems to have run its course, but is that truly the end of the matter? Intelligent Insurer reports. 27 June 2019
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