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Insurance
Syndicate Research Limited (SRL) downgraded the Continuity Opinion of Lloyd’s Syndicate 2001 due to its financial underperformance. 27 April 2017
Insurance
Non-life insurance-linked securities (ILS) issuance reached a record breaking $6.3 billion in Q2 2017, continuing the trend from the first quarter of the year. ILS assets under management (AUM) also continue to grow alongside fierce competition from investors. 1 August 2017
Alternative Risk Transfer
Risk modelling firm RMS has opened a new office in Sydney, Australia. The company said the move is part of its drive to support clients’ expansion in the Australian and New Zealand markets. 31 October 2017
Insurance
Insurers, reinsurers and brokers from all over the world attend the Singapore International Reinsurance Conference (SIRC) for a variety of reasons—but the principal one is to reaffirm relationships with existing clients in a relaxed environment. 31 October 2017
Insurance
Specialty insurer Brit has launched a new US-based cyber and technology team with the appointment of Michael Carr as senior vice president to lead the offering. 1 March 2017
Insurance
The major losses from hurricanes Harvey, Irma and Maria and the Mexican earthquakes will not only impact the results of insurers and reinsurers for this year, but highlight other non-cat lines of business that have been underperforming or that are price-challenged. 25 October 2017
Insurance
Cyber modelling will move from testing portfolios against certain risk scenarios to including probability of occurrence in Europe, Yörn Tatge, senior vice president AIR Worldwide, told Baden-Baden Today. 25 October 2017
Insurance
The recent string of hurricanes and other events that have hit the re/insurance industry in the third quarter of 2017 have also provided it with the opportunity to step up and play its part, according to Brian Ingle, head of analytics at Willis Towers Watson (WTW). 16 October 2017
Insurance
Evacuation orders in California have widened with residents of Calistoga and Geyserville now under mandatory evacuation orders as multiple wildfires exacerbated by hot, dry, and windy conditions have spread across eight counties of California, according to an Oct. 12 report by catastrophe modelling firm AIR Worldwide. 13 October 2017
Insurance
RSA group-owned Oak Underwriting said on Oct. 13 that it has extended its high-net-worth (HNW) offering to include home cyber cover for the first time. 13 October 2017
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