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Alternative Risk Transfer
Alternative capital rose by $8 billion to $89 billion in 2017 and is expected to grow further in 2018 after a strong first quarter, according to Aon Benfield’s April 2018 Reinsurance Market Outlook. 16 April 2018
Insurance
RKH Specialty, part of the Hyperion Insurance Group, has appointed Stuart Beatty as the regional CEO for Asia Pacific, a new role focused on building on the firm’s specialty capabilities in the region. 10 April 2018
Insurance
Bermuda-based property and casualty re/insurer Sompo International Holdings is launching a new retail platform that will integrate all the operations of Sompo Holdings outside Japan. 10 April 2018
Insurance
Global insured losses from disaster events in 2017 were $144 billion, the highest ever on Swiss Re’s sigma records. 10 April 2018
Insurance
European reinsurers are shunning retroactive reinsurance while seeking growth opportunities, leaving Berkshire Hathaway unencumbered by competition, according to research by Jefferies. 10 April 2018
Insurance
Beecher Carlson Insurance Services, the specialised large account subsidiary of Brown & Brown, has promoted Joseph Siech to chief executive officer and Scott Davis to chief operating officer. 10 April 2018
Insurance
The protection shortfalls in cyber and healthcare risks are more dramatic than for natural catastrophe risk, according to the study “Understanding and Addressing Global Insurance Protection Gaps” released by The Geneva Association. 10 April 2018
Insurance
Independent Lloyd’s broker AFL has appointed Jonathan Bines, formerly a specialty property & casualty senior partner at JLT, as chief commercial officer. 10 April 2018
Insurance
Ransomware is the most prevalent variety of malicious software and attacks doubled since 2017, according to Verizon’s 2018 Data Breach Investigations Report (DBIR). 10 April 2018
Insurance
Insurance brokerage and risk management firm Arthur J Gallagher has acquired Houston-based retail property/casualty broker Integrity Transportation Insurance Agency. 10 April 2018
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