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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
Insurance
Universal Property & Casualty Insurance Company (UPCIC) has expanded the top of its reinsurance tower for a single Florida event to $3.28 billion (an increase of $134 million) as part of Universal Insurance Holdings’ 2019-2020 reinsurance programmes, effective June 1, 2019. 3 June 2019
Alternative Risk Transfer
William Dubinsky, managing director & head of ILS at Willis Towers Watson Securities, takes a look at model clarity and other issues facing the ILS market. 31 May 2019
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
Re/insurance broker Aon has entered into a commercial partnership with insurtech start-up CoverWallet, an online platform helping small businesses to understand, buy and manage insurance, in Australia. 31 May 2019
Insurance
Aspen Re president and chief underwriting officer and managing director of the Americas, Emil Issavi, is leaving the re/insurer to join specialty insurance services business Ryan Specialty Group (RSG). 31 May 2019
Insurance
Cayman-based reinsurer Aureum Re plans to scale up its investment operations with web-based investment data aggregation, reconciliation, accounting and reporting provided by Clearwater Analytics. 30 May 2019
Insurance
Starr Insurance Companies, a group of insurance companies which operate in the US, Bermuda, UK and Asia Pacific, has appointed Andrew Hopper as head of financial institutions for the UK and Europe. 30 May 2019
Insurance
US-based Gibbs Law Group has filed a class action lawsuit against global insurer First American Financial Corp for allegedly failing to protect “millions” of customer files. 30 May 2019
Insurance
Spring floods in the US Midwest have underlined the fact that few people in the US have flood coverage. Intelligent Insurer investigates. 29 May 2019
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