Articles

Insurance

CTMA places Standard Syndicate 1884 into run-off

Charles Taylor Managing Agency has placed Syndicate 1884, which is managed by the business, into run-off.   18 October 2018

Insurance

Aon reveals new CEO of Captive & Insurance Management business

Re/insurance broker Aon has appointed John English as CEO for its Aon Captive & Insurance Management business.   18 May 2018

Alternative Risk Transfer

Brit forms collateralised reinsurance platform; adds former Axis Re CEO

Specialty re/insurer Brit is launching a new Bermuda-domiciled collateralised reinsurance platform, Sussex Capital, and has appointed former Axis Re CEO Jay Nichols to join its board.   13 December 2017

Insurance

Allstate start-up launches ‘distracted driver’ pricing technology

Arity, a Chicago-based data start-up by insurer Allstate, has launched a new technology designed to help insurers price individual motor policies partly based on how distracted they are by mobile technology while driving.   25 January 2018

Insurance

Reinsurance covers bulk of Mercury General California wildfire loss

US-based multiple-line insurer Mercury General Corporation will pass on most of the expected $253 million losses from the Camp and Woolsey wildfires in California to reinsurers.   28 November 2018

Insurance

German insurance start-up Coya raises $30m

Germany-based insurance start-up Coya has secured nearly $30 million from investors led by Valar Ventures and e.ventures.   7 June 2018

Insurance

Puerto Rico poised for “significant growth” as captive domicile

Increasing premium limits, reporting requirements, ownership restrictions, and increased scrutiny from the Internal Revenue Service (IRS) has made prospective captive owners more cautious about forming 831(b) captives.   8 August 2017

Insurance

Beale was trolled as she took the helm at Lloyd’s: report

Outgoing Lloyd’s CEO Inga Beale has received sexist and homophobic abuse when she became the first female CEO of Lloyd’s of London, according to The Times.   8 October 2018

Insurance

CNA Hardy exits Lloyd’s property treaty/marine hull; senior duo departs

Specialist commercial insurer CNA Hardy has confirmed its plan to exit property treaty, marine hull and construction/erection all risks (CAR/EAR) business on the Lloyd’s platform.   8 October 2018

Insurance

AXA XL homes in on government de-risking opportunities

Helping governments move risk off their books can provide the risk transfer industry with a big opportunity for growth—but a collaborative approach is required, Charles Cooper, chief executive of reinsurance at AXA XL, told Monte Carlo Today.   11 September 2019

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