Articles
Insurance
Just shy of eight years old, RSG Underwriting Managers now has 80 lines of business and more than 250 specialty underwriters. Intelligent Insurer speaks to chairman and CEO Mike Rice and COO Miles Wuller about the principles behind RSGUM’s rapid rise and what the future holds. 6 June 2018
Alternative Risk Transfer
Reinsurance broker Guy Carpenter & Company, a wholly owned subsidiary of Marsh & McLennan Companies (MMC), has hired Shiv Kumar as president and global leader of GC Securities, capital markets. 5 June 2018
News
Munich Re has appointed Jean Vernor as head of incubator, new strategic markets, for Munich Reinsurance America. 5 June 2018
Insurance
Ryan Specialty Group (RSG) has secured a $175 million investment from Toronto-based private equity firm Onex Corporation. The company has framed the deal as a long-term strategic relationship that will enable further growth. 4 June 2018
Insurance
Fidelis Insurance Holdings has formed a new Bermuda-domiciled special purpose insurer, which it plans to use to provide collateralised capacity support for Fidelis’ reinsurance portfolio. 4 June 2018
Insurance
Specialist reinsurance broker Capsicum Re has launched a new New York cyber hub, led by Patrick Bousfield who has been promoted to executive director. 4 June 2018
Alternative Risk Transfer
A continued glut of capacity dampened rate increases in the recent June 1 renewals for Florida property-cat business. While rates did increase by 1.2 percent, the first rise in seven years, pricing remains 40 percent down on 2012, according to a new report by JLT Re. 4 June 2018
Insurance
After severe losses in 2017, predictions for the 2018 hurricane season suggest that this year’s hurricane activity will not be anywhere near as bad, according to a new Fitch Report. 4 June 2018
Insurance
Federated National Holding Company has finalised its excess of loss catastrophe reinsurance programme for 2018-2019. 1 June 2018
Insurance
AXIS Re, the reinsurance segment of Bermuda-based AXIS Capital Holdings, has revealed a series of strategic changes intended to increase client satisfaction and drive profitable growth. 1 June 2018
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