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Alternative Risk Transfer
Specialist Lloyd's insurer Neon has hired Mark Gibson as reinsurance and alternative capital director, reporting to managing director Ian Martin. 11 July 2017
Insurance
Hive Aero, a new managing general agency (MGA) specialising in aviation hull war insurance has launched, with an initial stamp capacity of $50 million. 24 April 2018
Insurance
Insurer AXA XL has promoted promoted mergers & acquisitions (M&A) underwriting duo Michelle Jensen and Pietro Tarone in the US. 26 September 2019
Insurance
Hurricane Irma, which hit Florida over the past weekend and is expected to result in $16-26 billion of reinsured losses, will trigger rate increases of 4-5 percent for US nat cat reinsurance cover, according to Sept. 14 research by asset manager AllianceBernstein. 14 September 2017
Alternative Risk Transfer
Barbican Insurance Group has received in principle approval from the Lloyd’s to manage a syndicate funded by Credit Suisse’s insurance-linked securities (ILS) team. 11 September 2015
Insurance
Marsh & McLellan’s third-quarter revenue topped $2.2 billion at its risk & insurance division, with strong growth at Guy Carpenter among the highlights. 29 October 2019
Insurance
Lloyd's has announced that syndicates will be able to write binding authority contracts for up to 36 months from 1 January, 2016. 23 October 2015
Insurance
Proposed legislation to place new responsibilities on drones weighing more than 250g - such as mandatory registration of the individual and required safety awareness tests - is due be published in spring 2018. 29 November 2017
Insurance
The insurer says COVID-19 claims are mostly related to business interruption and from US domiciled companies. 22 April 2020
Insurance
Downside credit risks from the California wildfires are currently most pronounced for investor-owned utilities (IOU), which could face large liabilities if IOU equipment is found to have ignited the fires, according to Fitch Ratings. 29 November 2018
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