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Loss creep remains a big issue for the ILS market: Johansmeyer
Alternative Risk Transfer
Loss creep remains a big issue for the insurance-linked securities (ILS) market, with some investors grappling with developments around the impact of 2017’s Hurricane Irma, which inflicted $77 billion in economic losses in the Northern Caribbean, Puerto Rico and Florida.   20 October 2019
Blockchain for insurance Corda proves smart contract concept, says R3 insurtech expert
Insurance
“There’s a joke in the insurance industry that ‘smart contracts’ are neither smart nor a contract,” said Ronnie Kher, business development director at insurtech firm R3, with a smile as he went on to debunk this myth.   17 October 2019
Insurance
Modest core underwriting margin expansion is expected in the domestic P&C insurance industry according to Keefe, Bruyette & Woods (KBW) analysts’ newly released 2Q19 P&C Industry Results report. They have updated their domestic P&C insurance industry earnings model with ISO’s recently published 2Q19 results.   15 October 2019
Insurance
Intelligent Insurer goes beneath the surface of the risk pool sector to discover why so many insurance firms are keen to get involved.   15 October 2019
Alternative Risk Transfer
ILS investors have been battered by a series of trials in recent years including losses, loss creep, trapped capital and disappointing rate increases. Some may have paused for thought, but there is no sign of the majority walking away yet. Intelligent Insurer reports.   15 October 2019
News
Further mergers are likely among service companies in the growing Insurance Linked Securities (ILS) space.   11 October 2019
News
The International General Insurance Holdings Company (IGI) has confirmed a deal with Tiberius Acquisitions Corporation, a publicly traded special purpose acquisition company, that will result in the public listing of IGI on the Nasdaq Capital Market under the symbol ‘IGIC’.   11 October 2019
Insurance
Trident Marine Managers, a managing general underwriter for the specialty marine and offshore energy industries and a part of Ryan Specialty Group (RSG), has establishes a new office in Lodi, California, and appointed Jeana Ramos as director of underwriting.   11 October 2019
Insurance
Few disagree that John Neal, the chief executive of Lloyd’s for a year, has done much to move the market in the right direction. But the sheer scale and complexity of his task raises questions of whether the overall war can be won. Intelligent Insurer gauged the views of the market around the future of Lloyd’s.   10 October 2019
Insurance
Bermuda-based James River Group Holdings has given notice of early cancellation of all insurance policies issued to Rasier - its largest customer and an affiliate of ridesharing company Uber Technologies.   9 October 2019

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