Articles

Insurance

Alleghany’s 2018 results show firm ‘not immune’ from cat losses

Alleghany Corporation’s president and CEO admitted the firm was “not immune” from above average catastrophe losses in 2018 as he announced the 2018 year end results.   21 February 2019

Insurance

Nassau Re launches insurtech incubator in Hartford

US-based Nassau Re has launched an insurtech incubator to support start-ups focused on the life insurance, annuity and reinsurance industries.   21 February 2019

Insurance

Spanish and German CPRI figures show shift in claims trends, says BPL Global

Spain and Germany were in the top 10 countries for credit and political risk insurance (CPRI) claims by value over the past three years, highlighting a change in collection trends, a report by specialist broker BPL Global has found.   20 February 2019

Insurance

Cat bond issuance reaches $9.7bn in 2018, rate hardening expected: Swiss Re

After experiencing 18 months of above average industry losses, Swiss Re expects that ILS investors will want to see rates harden in 2019, especially for loss-impacted tranches.   20 February 2019

Insurance

Ascot hires inland marine head from Markel

Specialist re/insurer Ascot has appointed Jeff Vetter as executive vice president and head of inland marine. He joins from Markel where he led their inland marine division.   20 February 2019

Insurance

SCOR appoints Conoscente as Global P&C CEO as Peignet retires

French reinsurer SCOR has appointed Jean-Paul Conoscente, currently CEO of reinsurance at SCOR Global P&C, as chief executive officer of SCOR Global P&C.   20 February 2019

Insurance

AM Best unveils senior management restructure amid cost-cutting drive

Re/insurance rating agency AM Best is changing its senior management structure to cut costs and strengthen its Asia Pacific business following a "strategic review" of its core markets.   20 February 2019

Insurance

AAIC launches cyber insurance for farmers, ranchers and SMEs

The American Agricultural Insurance Company (AAIC) has launched a cyber insurance product to protect small business owners and farmers/ranchers from the growing risks they face.   20 February 2019

Insurance

Risk modellers grapple with wildfire risk in wake of record losses

The Californian wildfires of 2018 set new records in terms of losses and left risk modelling agencies scrambling to reassure insurers they can get a handle on the risks.   20 February 2019

Insurance

Everest adds retail property expert from Ironshore

Everest Insurance hired Kevin Flaherty to join its retail property team in the US East region.   19 February 2019

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