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US cyber insurers have seen written premiums more than double in four years from $996 million in 2015 to $2 billion in 2018, a report from ratings agency AM Best has shown. 21 June 2019
Insurance
Hedge fund-backed Greenlight Capital Re reported a loss for the first quarter of 2018 driven by investments. 1 May 2018
Insurance
Re/insurance broking and advisory firm Beach has created a new specialty and wholesale platform to be headed by former Integro leaders John Sutton and Toby Humphreys. 12 March 2018
Insurance
Liberty Specialty Markets (LSM), a part of Liberty Mutual Insurance, has appointed Bas Wijnhoven to the new role of senior underwriter – directors and officers (D&O) and crime for the Netherlands. 27 November 2017
Insurance
SmarterSafer, a national coalition of environmental groups and insurance interests, has urged US lawmakers to find a long term and sustainable solution for the National Flood Insurance Program (NFIP) rather than allowing short-term extensions. 22 December 2017
Insurance
Bermuda-based PartnerRe has revealed that it will exit the upstream energy insurance market having signed a deal to transfer its book of business to Ark Syndicate Management. 9 March 2018
Insurance
Broker Jardine Lloyd Thompson Group (JLT) said on Oct. 26 that the European Commission (EC) has initiated an investigation into the aviation insurance sector following the UK Financial Conduct Authority’s (FCA’s) discontinuation of its investigation. 27 October 2017
News
Swiss Re has estimated its preliminary combined claims burden from recent natural catastrophes booked in the fourth quarter of 2018 at approximately $1.0 billion, net of retrocession and before tax, mainly affecting the reinsurance operations. 15 January 2019
Insurance
US-based Allstate Insurance Company is seeking to hire 600 executives to fill positions throughout its US Northwest region, including Washington, Oregon, Idaho, Alaska and Hawaii. 15 January 2018
Alternative Risk Transfer
Dominic Wheatley, chief executive of Guernsey Finance, explains how recent developments in Guernsey have left the jurisdiction stronger and ready for growth in insurance-linked securities and reinsurance. 28 October 2019
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