Articles
Alternative Risk Transfer
Alternative capital is now entering the market at many more points in an attempt to get closer to the risk and the logical conclusion is that some insurance-linked securities (ILS) funds will look to launch rated carriers, Eric Andersen, co-president of Aon, told Monte Carlo Today. 11 September 2019
Insurance
2019 has been a successful year for Occam Underwriting, chief executive officer Lance Gibbins told Monte Carlo Today, with the company growing organically and more than doubling premium income compared with 2018. 11 September 2019
Alternative Risk Transfer
More insurance-linked securities (ILS) funds are exploring the possibility of forming rated reinsurers to give them more flexibility to offer investors a greater variety of investment options, said John Warwick, managing director and partner at ILS Capital. 11 September 2019
News
Reinsurers’ 2017 profitability declined to the lowest level since 2005, when the industry was affected by hurricanes Katrina, Rita and Wilma, Moody’s said in an April 2 report. 3 April 2018
Insurance
Asta, a third party managing agent (MGA) at Lloyd’s, has promoted Clare Barley to chief risk officer (CRO) and Matthew Lane to chief information officer (CIO). 25 April 2016
Insurance
The British Insurance Brokers’ Association (BIBA) has launched a new drone insurance scheme with specialist and corporate insurer Tokio Marine Kiln (TMK). 6 August 2018
Insurance
Ironshore’s Pembroke Managing Agency has entered into a management agreement with Old Mutual Group to underwrite select specialty lines for African risks. 16 June 2016
Insurance
QBE’s reinsurance business had a “pleasing” first half year, especially with the cat exposure, according to Jonathan Parry, chief underwriting officer of reinsurance at the firm. 8 September 2019
Insurance
US-based property/casualty insurer The Hartford has agreed a $300 million aggregate excess of loss reinsurance treaty with National Indemnity Company (NICO), a subsidiary of Berkshire Hathaway. 2 May 2019
Insurance
This follows news of a rating downgrade following its purchase by Catalina Holdings. 10 December 2019
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