Articles
Insurance
The current hurricane activity, which may continue during the rest of the year, could prove to be an acid test of reinsurers’ enterprise risk management (ERM) strategies, Stuart Shipperlee, partner at Litmus Analysis, told Monte Carlo Today. 13 September 2017
Insurance
Broker Aon is collaborating with Pembroke Managing Agency at Lloyd’s to develop a Public Protection Policy (PPP) to support the victims of terrorist attacks. 27 September 2018
Insurance
Within the perimeters of the Camp Fire in Northern California and the Woolsey Fire in Southern California 23,044 homes with a total reconstruction cost value (RCV) of approximately $8.6 billion are at high or extreme risk of wildfire damage, according to CoreLogic estimates. 19 November 2018
Insurance
US insurer FedNat Holding Company (FedNat) has reported gross catastrophe losses of $17 million, including $15.5 million from the company’s non-Florida property business in Q2 2019. 18 July 2019
Alternative Risk Transfer
Schroders has reinforced its private assets business by taking full control of Zurich-based insurance linked securities (ILS) investor Secquaero Advisors. 18 July 2019
Insurance
Fitch Ratings has warned that UK motor and home insurers could see a drop in profits next year as the regulator, the Financial Conduct Authority (FCA), moves to end high prices for customers who do not shop around for a better deal. 8 October 2019
Insurance
Rising reinsurance costs could be the next event on the horizon. 4 February 2020
Insurance
Former Fidelis chief financial officer, Neil McConachie is joining the board of directors of Bermuda-based Third Point Reinsurance. 13 December 2017
Insurance
Munich Re's primary insurance unit ERGO Group is selling its life, non-life and composite portfolios in Hungary and Slovakia to Italian insurer Generali as part of its international business optimisation strategy. 8 April 2019
Insurance
Aon has outlined the three characteristics that enable specialist insurers to “thrive, sometimes profitably, in one of the toughest property insurance markets” in Florida in the US, in a report out today (Thursday 14 February). 14 February 2019
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