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The African Trade Insurance Agency (ATI), supported by funds from the African Development Bank, has said it is ready to begin covering transactions in Ethiopia and Zimbabwe, with both countries joining ATI as members. 19 October 2016
Insurance
As cedants become ever more sophisticated in their understanding of ratings, analytical firm Litmus Analysis examines the ratings of the wide range of reinsurance carriers in Europe using a unique methodology to establish their average ratings. Here, Stuart Shipperlee, partner at Litmus, describes some of the
chart’s findings. 20 October 2014
Insurance
ACE has revealed a number of leadership teams for business units following its acquisition of Chubb. All of the appointments will take effect upon completion of the acquisition of Chubb, which is expected in the first quarter of 2016. 12 September 2015
Insurance
ArgoGlobal, a Lloyd’s insurer and member of Argo Group, has appointed Tony Latham as a non-executive director of the Board of Argo Managing Agency. 18 April 2016
Insurance
Swiss Re has posted a loss in property/casualty reinsurance and corporate solutions, with life & health helping to prevent a group loss in 2017. 23 February 2018
Insurance
Fadata, a provider of advanced insurance policy administration and claims solutions, has appointed John Macdonald as its new chief executive officer (CEO). 7 April 2016
Insurance
Following the completion of its acquisition of Ironshore, property/casualty insurer Liberty Mutual has combined its existing Liberty International Underwriters (LIU) US business and Ironshore’s US specialty lines business under the Ironshore brand. 3 May 2017
Insurance
Lloyd’s insurer Chaucer has expanded its marine practice with the addition of Lonham Insurance Underwriters, a specialist cargo and freight liability underwriting team. 16 October 2015
News
Property insurer FM Global has reported a net loss of $41.5 million for 2011, with the result driven by substantial catastrophe losses. 27 March 2012
Alternative Risk Transfer
Despite a multitude of other catastrophes in 2018, the single biggest loss event for reinsurers was so-called loss creep from 2017’s Hurricane Irma. Dirk Lohmann of Schroders examines what went wrong and what the industry must learn. 28 February 2019
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