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Insurance
Broker Ed has signed a partnership with geospatial data enrichment and analytics firm SpatialKey. 30 April 2018
Insurance
Marsh & McLennan unit Guy Carpenter & Company has promoted John Fletcher to chairman of the firm’s Bermuda operations with immediate effect. 30 April 2018
Insurance
The Everest Re CEO sees demand for reinsurance growing from large insurers driven by consolidation in the sector. 27 April 2018
Insurance
Guy Carpenter's revenue grew 7 percent year on year on an underlying basis to $637 million in the first quarter of 2018 and the pipeline remains strong, CEO Peter Hearn said during Marsh & McLennan’s first quarter results conference call. 27 April 2018
Insurance
AXA Insurance has teamed up with Cobalt Underwriting to create a new Shariah-compliant insurance product for the real estate sector to be distributed via brokers. 27 April 2018
Insurance
Allianz specialist corporate insurer, Allianz Global Corporate & Specialty (AGCS) has partnered with Israel-based drone safety systems company ParaZero as the market grows rapidly in the US. 27 April 2018
Alternative Risk Transfer
Insurance-linked securities (ILS) investors are reloaded and ready for the 1 June 2018 Florida renewals after significant losses in the second half of 2017 which saw record natural catastrophes from hurricanes, earthquakes, and wildfires in North America, according to the latest ILS Market Update by Willis Towers Watson Securities. 27 April 2018
Insurance
Reinsurance Group of America (RGA) reported a drop in net income to $100.2 million in the first quarter of 2018 compared to $145.5 million in the same period a year earlier. 27 April 2018
Alternative Risk Transfer
Catastrophe bond issuance during the first quarter of 2018 stood at $3.58 billion across 10 transactions – a new record for first quarter issuance, easily surpassing the 2016 and 2017 issuance volumes of approximately $2.2 billion, according to a new Insurance-Linked Securities Q1 2018 Update by Aon. 26 April 2018
Insurance
Chubb CEO Evan Greenberg has hailed rate improvements as the insurer presented its first quarter 2018 results. 25 April 2018
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