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Insurance
The cyber insurance market will become more resilient if it is considered as a standalone line of business rather than a peril, according to JLT Re. 24 April 2017
Insurance
The UK’s Financial Conduct Authority (FCA) is investigating potential misconduct within the aviation broking industry in the UK. 21 April 2017
Insurance
The performance of the reinsurance sector shows a clear trend of deterioration as the soft market squeezes profitability. While traditional reinsurers return capital to shareholders due to a lack of profitable business opportunities, alternative capital remains keen for opportunities to invest – potentially making the situation worse, suggests James Vickers, chairman of Willis Re International. 21 April 2017
Alternative Risk Transfer
Now that the market has a solution for ocean marine and offshore energy, the time could be right for these risks to flow into the ILS market, says Tom Johansmeyer of Verisk Insurance Solutions. 20 April 2017
Alternative Risk Transfer
The insurance linked securities (ILS) market is already facing a better first half of the year than it saw over the same period of 2016, according to Paul Schultz, CEO of Aon Securities. 20 April 2017
Insurance
Bermuda-based Athene Holding has raised €2.2 billion common equity investment to support capital and reinsurance transactions in the German and European guaranteed life insurance run-off market. 19 April 2017
Alternative Risk Transfer
PCS has claimed that its launch of a new loss index covering the global marine and energy markets could help bring new risks to the insurance-linked securities (ILS) markets, a necessity if that form of risk transfer is to continue to grow and develop. 19 April 2017
Insurance
Industrial insurance company HDI Global has strengthened its US engineering lines and construction division with several hires from Generali US, AIG, Starr Companies. 12 April 2017
Insurance
New York-based property/casualty insurer AmTrust Financial Services has made several executive appointments and promotions, including hiring a new chief accounting officer. 11 April 2017
Insurance
With a market steering more towards commoditisation, the value of the traditional reinsurance business model is waning, particularly in North America, where reinsurers are more focused on brokers than in Europe, Christian Reber, partner and managing director at Boston Consulting Group, tells Intelligent Insurer. 11 April 2017
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