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Alternative Risk Transfer
The amount of capital dedicated to writing reinsurance will increase to an estimated $427 billion in 2017, compared with $420 billion in 2016, according to AM Best. 5 February 2018
Insurance
Insurer CNA has appointed Bahr Omidfar as senior vice president and chief technology officer, and Joyce Trimuel as chief operations & diversity officer. 5 February 2018
Insurance
Aon enjoyed solid growth in 2017 with total revenues increasing by 6 percent to $10 billion compared to the prior year period driven by 4 percent organic revenue growth and a 2 percent increase related to acquisitions, net of divestitures. 2 February 2018
Insurance
Volante Global, a new multi-class and multi-territory international managing general agent (MGA) platform, has launched Nordic-focused MGA Bridge Underwriting to begin underwriting in March. 1 February 2018
Insurance
A weakening US dollar is likely to boost earnings of global property/casualty (P&C) firms, according to a Jan. 30 Morgan Stanley note. 31 January 2018
Alternative Risk Transfer
The catastrophe bond market reached a new record in 2017 with a combined total capacity of $10.7 billion, according to a new Aon Securities report. 30 January 2018
News
Record losses from the 2017 hurricane season have failed to trigger the rate increases the industry had hoped, with many experts and reports based on analysis of the recent renewals now suggesting that low rates may be here to stay. 29 January 2018
Insurance
QBE Business Insurance has appointed Maths Stanser as market manager for the Nordics to drive growth in the region. 29 January 2018
Alternative Risk Transfer
The ILS market starts 2018 in a very positive place after the hurricane losses of 2017, according to Paul Schultz, chief executive of Aon Securities. 29 January 2018
Insurance
Weather disasters in 2017 added up to $344 billion in global economic losses, according to the latest Aon catastrophe report. 24 January 2018
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