Articles

Insurance

2017 nat cat losses prompt Aspen to shut Bermuda unit

Aspen Insurance has closed its Bermuda-based US property insurance unit following high natural catastrophe losses in 2017 that included the recent wildfires in California.   19 February 2018

Insurance

AXIS outlook revised to negative due to insurance operations

AM Best has revised the outlooks to negative from stable of AXIS Capital Holdings and its operating subsidiaries, according to a Feb. 16 press release.   19 February 2018

Insurance

Legal & General partners with Munich Re-backed insurtech for 'on-demand' insurance

UK's life and general insurance provider Legal & General (L&G) has partnered with US-based insurtech start-up Slice Labs to roll out ‘on-demand’ homeshare insurance.   19 February 2018

Insurance

Saga appoints former Zurich exec as new chair

Saga, a UK-based specialist insurer for life after 50, has appointed former Zurich executive Patrick O’Sullivan as chairman with effect from 1 May 2018.   19 February 2018

Insurance

Allianz partners with Cisco, Apple, Aon for cyber solution

Allianz, Cisco, Apple and Aon have joined forces to develop a new cyber risk management solution for businesses.   19 February 2018

Insurance

Enstar finalises reinsurance-to-close transaction with Neon

Enstar Group-owned Lloyd’s managing agency, StarStone Underwriting has finalised a reinsurance-to-close transaction with Neon Underwriting, according to a Feb. 16 press release.   19 February 2018

Insurance

R&Q completes reinsurance to close of Syndicate 3334

Bermuda-based Randall & Quilter (R&Q) has completed a transaction providing capital to support the reinsurance to close (RITC) of Hamilton Underwriting’s Syndicate 3334’s 2014 and prior years of account.   19 February 2018

Insurance

Former RSG MGA CEO resurfaces at Ascot/Ethos

Ascot Group has appointed Jerry Tegan, former president and CEO of RSG Underwriting Managers, as the executive chairman of Ethos Specialty Insurance Services.   12 February 2018

Insurance

Losses from January windstorms exceed $2bn in Europe

Windstorms Friederike, Eleanor and Carmen which hit Western and Central Europe in January are expected to cost European insurers more than $2 billion losses, according to Aon Benfield.   9 February 2018

Alternative Risk Transfer

World Bank issues $1.36bn cat bond

The World Bank has issued its largest ever catastrophe bond covering earthquake, providing the organisation with $1.36 billion of capital markets protection.   7 February 2018

Not finding what you're looking for, please try resetting your applied search and filters,
or try the full site search.