Articles
Alternative Risk Transfer
Bermuda domiciled Limestone Re has issued $278 million of notes to investors in a private placement transaction that provides collateralised reinsurance for Liberty Mutual’s US property catastrophe programme, as well as US homeowners and global property reinsurance risks. 28 June 2018
Insurance
Commercial insurance pricing increased for the fourth consecutive quarter in the third quarter of 2018 by more than 1 percent, driven by property and financial and professional lines, according to the most recent Global Insurance Market Index compiled by Marsh. 22 November 2018
Insurance
Most of the top 20 reinsurers have switched strategy to take advantage of the price uptick, seen during the April, June and July 2019 renewals, by increasing their exposure to catastrophe risk, a report from S&P Global has found. 9 August 2019
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
Insurance
Chicago-based insurtech start-up Kin has raised $47 million funding from new investors including Hudson Structured Capital Management (HSCM Bermuda), August Capital, Avanta, and UChicago Startup Investment Program. 28 August 2019
Insurance
Liberty Specialty Markets (LSM), part of Liberty Mutual Insurance, has hired a Lloyds Bank executive Chris Hall to boost its credit risk offering. 18 January 2018
Insurance
UK's MIB (Motor Insurers' Bureau) has appointed Dominic Clayden as its new CEO and board executive director, succeeding Ashton West OBE. 15 March 2018
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
Lower catastrophe losses in the third quarter of 2018 have helped The Travelers Companies to more than double the profit in the period compared to the previous year. 18 October 2018
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