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Alternative Risk Transfer
Secondary ILS market could generate price discounts
Increased trading in the secondary insurance-linked securities (ILS) market will offer many benefits to the reinsurance industry, such as a more detailed view of appropriate pricing.   30 January 2015
Insurance
Pen Underwriting strikes new capacity deal with QBE
London-based managing general agent (MGA) Pen Underwriting has extended its strategic relationship with re/insurer QBE into the Republic of Ireland, with a new property & casualty capacity partnership in the area of hazardous goods and environmental industries.   16 November 2017
Insurance
Beazley builds US commercial property capability
Specialist insurer Beazley has appointed Matthew Westhoff as head of US large commercial property based in New York.   29 October 2019
Insurance
Nexus taps AmTrust Lloyd’s CUO amidst potential IPO
Specialty managing general agent (MGA) Nexus Group has hired former chief underwriting officer of AmTrust at Lloyd’s Mike Sibthorpe amid a management shake-up and a potential initial public offering (IPO) this year.   18 January 2018
Insurance
Coronavirus will cause unprecedented shock to the global economy – Moody’s
The G-20 economies are expected to pick up in 2021.   26 March 2020
Insurance
NFIP reinsurers may face total loss due to Harvey
Reinsurers providing the National Flood Insurance Program (NFIP) with flood reinsurance protection could suffer a total loss given the magnitude of Harvey flooding, Fitch said on Aug. 30.   31 August 2017
Insurance
MS Amlin confirms exit from domestic UK P&C classes
Product lines include corporate property, real estate, casualty and package binders.   19 December 2019
Insurance
Ascent introduces cyber policy nil deductible for SMEs
Specialist niche-product managing general agent (MGA) Ascent Underwriting said on Sept. 18 that it is further targeting small and medium-sized (SME) business by offering nil deductible/zero excess options on all cyber insurance policies globally.   18 September 2017
Insurance
Australia's IAG profit more than halves in FY20 due to severe natural perils
The FY20 net perils outcome benefited from over A$700 million of reinsurance recoveries.   7 August 2020
Insurance
Sompo hires AIG talent to lead US architects and engineers insurance unit
Bermuda-based specialty re/insurer Sompo International is looking to expand its professional liability product and service offerings with the recruitment of Steven Grippo from AIG.   14 March 2019

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