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Insurance
Allianz Risk Transfer and Nephila Capital have finalized an agreement securing another three years of risk capacity for Nephila. Under the agreement, Allianz Risk Transfer will continue to assist Nephila in its natural catastrophe and weather risk strategies, providing specialized services, such as balance sheet access, non-recourse leverage and other flexibility that will continue to benefit Nephila’s investors. Nephila said the extension enhances its ability to offer its clients a portfolio of diversified and high quality investment alternatives while continuing to diversify Allianz Risk Transfer’s business lines. 6 March 2013
Awards
Receiving a top score of 7.40 Swiss Re, the world’s second largest reinsurer, took first place for best reinsurer for innovation with a GWP of more than $2 billion, closely followed by Hannover Re. 14 September 2014
Insurance
Chinese financial heavyweight Guo Shuqing has been appointed head of the country’s newly merged regulator for the banking and insurance sectors, Reuters reported citing an online article by Financial News, the official newspaper of the central bank. 22 March 2018
Insurance
Insurers must integrate with practice management and cash flow planning tools. 4 December 2019
Insurance
Allianz report highlights risk trends company directors and officers need to watch in 2020 4 December 2019
Insurance
Broker Ed has hired a pair of experienced actuaries from Argo Group and AmTrust, respectively. 4 September 2018
Alternative Risk Transfer
Randall & Quilter Investment Holdings (R&Q) has completed a deal to reinsurer a portfolio of commercial auto liability risks for a US risk retention group (RRG). 4 September 2018
Insurance
Reinsurance broker JLT Re has appointed a head of cyber analytics. Jamie Pocock joined JLT in 2010 and has been a member of the JLT Re Analytics Actuarial team. 4 September 2018
Insurance
Accredited Surety & Casualty Company, the Florida-headquartered US insurer owned by Randall & Quilter Investment Holdings, has had its group rating upgraded by AM Best from VII to VIII. 20 March 2019
News
In its 2019 outlook, Munich Re has unveiled a group profit target of around €2.5bn, saying the reinsurer is “on track” to achieve this. 20 March 2019
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