Articles
Insurance
Insurance services and investment company Randall & Quilter Investment Holdings has signed a loss portfolio transfer agreement with two of the largest joint powers authorities in California providing property and general liability cover. 3 July 2019
Insurance
Specialty re/insurer MS Amlin has appointed Rob Houghton as new chief operating officer (COO), replacing Simon Smith who has left the firm less than a year after joining from Willis Towers Watson. 3 July 2019
Insurance
US-based specialty insurance brokerage Alliant Insurance Services has joined global broker network Brokerslink and is set to become a shareholder in the near future. 2 July 2019
Insurance
Player’s Health, a risk management firm specialising in sports, fitness, and wellness, has secured a Series A financing round from Eos Venture Partners, a specialist insurance venture capital investor, and Will Ventures, an investor focused on sports technology. 2 July 2019
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
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