Articles
Insurance
SOBC DARAG, a subsidiary of run-off specialist DARAG UK, has acquired New Mexico P&C Insurance Company, having received approvals from New Mexico OSI and Florida OIR. 11 September 2019
Insurance
Many countries began the year with fiscally conservative and business-friendly administrations, following regional elections, but domestic challenges remain, Mathias Jungen, head of reinsurance Brazil and the Southern Cone at Swiss Re, has told FIDES Today. 11 September 2019
Insurance
Following the difficult years of 2017 to 2019, which were dominated by extreme hurricanes, earthquakes, wildfires, typhoons and winter storm events, 25 insurance-linked securities (ILS) bonds are expected to be impaired in the 12-month period to June 30. 11 September 2019
Insurance
In recent years the industry has been experiencing big losses from unexpected perils, Tom Johansmeyer, assistant vice president–PCS strategy and development at ISO Claims Analytics, told Monte Carlo Today. 11 September 2019
Insurance
The pace of change in cyber risks means a forward-looking approach is essential, as historical data has limited relevance. 11 September 2019
Insurance
Despite some of the recent challenges they have faced, insurance-linked securities (ILS) investors are not going anywhere soon, and they will form increasingly deep and complex relationships with the industry, Mike Van Slooten, head of market analysis at Aon, told Monte Carlo Today. 11 September 2019
Insurance
2019 has been a successful year for Occam Underwriting, chief executive officer Lance Gibbins told Monte Carlo Today, with the company growing organically and more than doubling premium income compared with 2018. 11 September 2019
Insurance
Broker Ed is making good progress in its aim of becoming a billion-dollar business and it thinks its new ownership will give it a boost towards achieving this. 11 September 2019
Insurance
The year 2019 could be one of the biggest for mass tort litigation, with issues such as opioids fuelling the boom, and an abundance of finance to meet the legal costs. 11 September 2019
Insurance
Captives have until now primarily operated using traditional technology, but the use of distributed ledger technology, or blockchain, has the potential to revolutionise the sector, David Edwards of ChainThat told Monte Carlo Today. 11 September 2019
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