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Insurance
Bermuda-based specialty property/casualty re/insurer Sompo International Holdings has launched an integrated platform initiative to provide agriculture insurance and reinsurance solutions across the globe, according to an Oct. 31 statement. 1 November 2017
Alternative Risk Transfer
2017 was a record-breaking year for ILS—and Bermuda again led from the front in terms of being both the domicile of choice for the special purpose vehicles issuing ILS and a hub of innovation for new structures and risks. 28 March 2018
Alternative Risk Transfer
The rising popularity of cat bonds is beginning to concern some in the wider reinsurance market. Intelligent Insurer finds out why. 1 September 2012
Insurance
Losses from Hurricane Florence will be largely retained by property/casualty insurers only “dampening” their third quarter earnings. Only reinsurers and ILS funds with low attachment points may find themselves subject to claims, according to a report by Moody’s, which also predicted no cat bonds would be triggered. 17 September 2018
Insurance
Century Underwriting, a specialist commercial managing general agent (MGA), has expanded its product offering to include liability and environmental impairment liability. 15 February 2017
News
Bermuda-based Third Point Reinsurance has announced top leadership changes within the company in an Aug 8 United States Securities and Exchange Commission (SEC) filing. 9 August 2017
Insurance
Owen Williams, Zurich Insurance's head of captive services in the UK, has joined XL Catlin as the manager of its newly-established captive centre of excellence. 5 September 2017
Insurance
Miami-based personal lines insurer Windhaven Insurance said July 11 that it sealed a multi-year $1.1 billion premium capacity quota share transaction with Greenlight Re. 12 July 2017
Insurance
Allianz has agreed to acquire Sri Lanka's Janashakthi General Insurance (JGIL) for 16.4 billion Sri Lankan rupees (€85.9 million), according to a Feb. 2 press release. 5 February 2018
Insurance
Tokio Marine Holdings enjoyed an increase in revenues but its net profits fell in the first quarter of its financial year ending June 30, 2017, as it offered a positive outlook on the health of the main economies it operates in. 8 August 2017
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