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Mexico’s Fund for Natural Disasters (FONDEN) has returned to the insurance-linked securities (ILS) markets to secure coverage against natural catastrophes for the first time since 2012. 7 August 2017
Insurance
Ruschlikon, the community of re/insurers and brokers, has revealed it is cooperating with the London Market target operating model (TOM). 21 April 2016
Insurance
London-based specialist re/insurance market Lloyd’s of London has in 2016 recorded the fifth highest level of major claims since the turn of the century, the company said in a statement. 30 March 2017
Insurance
Following the acquisition of Bermuda-based Endurance, Sompo Japan Nipponkoa Insurance has launched a fully integrated global commercial insurance and reinsurance platform based in Bermuda, which has been named Sompo International. The new corporation will have its own board, led by John Charman as chairman and CEO, reporting to the Sompo CEO Kengo Sakurada. 29 March 2017
Insurance
Cyclone Debbie roared ashore in Queensland as the most powerful storm to strike Australia since Cyclone Yasi destroyed Queensland resorts, homes, and crops in 2011, according to catastrophe risk modelling provider AIR Worldwide. 29 March 2017
Insurance
The pressure and risks faced by insurers in Europe are increasing further in 2017, pressuring profitability and return on capital, according to China-based credit rating agency. 29 March 2017
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Pardus, the London-based independent managing general agent (MGA), has launched an accident and health (A&H) division. 21 December 2015
Insurance
The Reinsurance Group of America’s (RGA) EMEA and Asia-Pacific segments had a favourable second quarter, although the group’s overall net income has slightly dipped compared with the prior-year quarter. 28 July 2017
Insurance
Lloyd’s insurer Chaucer has appointed Kelan Hunt as head of its energy division. 14 April 2015
Insurance
Lancashire Holdings enjoyed a rise in profits in the first quarter of 2017 though the company’s gross written premiums shrank significantly. 4 May 2017
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