Articles
News
Bermuda-based reinsurer, Third Point Reinsurance, has commenced an initial public offering of 22.2 million of its common shares pursuant to a registration statement on Form S-1 filed with the US Securities and Exchange Commission (SEC). 5 August 2013
Insurance
Greenlight Capital Re recorded a $30 million net profit in the third quarter of 2016 compared with a net loss of $219.7 million for the same period of 2015. Nevertheless, ratings agency AM Best downgraded the financial strength rating of Greenlight Reinsurance citing underwriting weaknesses. 4 November 2016
Alternative Risk Transfer
The ILS market is seeing a boom in activity in 2017. Bill Dubinsky, managing director & head of ILS at Willis Towers Watson, casts an eye over the year so far. 25 May 2017
Insurance
ANV Group has appointed Bruce Whitmee as Active Underwriter for the company’s Lloyd’s Syndicate 5820, which covers consumer products, US property & casualty and political & credit risks. 15 May 2015
Insurance
The falling cost of reinsurance has now made it a more efficient form of contingent capital when compared to equity debt and a carrier’s own capital, according to a report from JLT Re. 26 July 2016
Insurance
The introduction of IFRS 17, the new international accounting standard for insurance contracts, is the biggest shake up of insurance reporting for decades as it will impact profit, equity and volatility, as well as reserving and financial reporting processes, according to industry experts. 18 May 2017
Insurance
Swiss Re chief financial officer David Cole is set to step down on March 31, 2018, and will be succeeded by John Dacey, currently group chief strategy officer. 8 December 2017
Insurance
StartPoint, Ryan Specialty Group’s (RSG) managing general agent (MGA), has secured £25 million of new capacity focused on the US directors and officers (D&O) insurance marketplace. 24 March 2015
Insurance
Swiss Re Corporate Solutions has appointed Ole Nyborg as head of claims for Europe, Middle East and Africa (EMEA). 6 February 2015
Insurance
Few disagree that John Neal, the chief executive of Lloyd’s for a year, has done much to move the market in the right direction. But the sheer scale and complexity of his task raises questions of whether the overall war can be won. Intelligent Insurer gauged the views of the market around the future of Lloyd’s. 10 October 2019
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