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Insurance
Markel Corporation said on Oct. 11 that it expects to report third quarter pre-tax underwriting losses of $503 million, net of reinstatement premiums, from Hurricanes Harvey, Irma and Maria as well as the Mexico City earthquakes. 12 October 2017
Insurance
London-based specialty insurer Newline Group is launching its post-Brexit European Union insurance hub in Cologne, Germany. 29 May 2018
Technology
Re/insurers see cyber and technology risks as the biggest threats they face in the next few years, but with technology rapidly advancing will insurers rise to the challenge? Intelligent Insurer reports on the latest Insurance Banana Skins survey. 3 September 2019
Insurance
Lloyd’s insurer Novae Group has appointed Alexandra Moon as group general counsel. She also joins Novae’s executive committee reporting to Matthew Fosh, chief executive. 9 February 2015
News
Sciemus, a provider of modelling and analytics to the global insurance markets, has appointed a new board of directors and chief executive officer. 29 March 2016
Alternative Risk Transfer
January 1 retro and European reinsurance purchasing tend to be a good indicator of what ILS market activity will look like for the rest of the year. If that trend continues, 2020 is set to be a busy year for ILS, perhaps even rivalling 2017, says Brad Livingston of Willis Re Securities. 27 February 2020
Alternative Risk Transfer
American International Group (AIG) has entered into a definitive agreement to acquire all outstanding common shares of Bermuda-based Validus Holdings. 22 January 2018
Alternative Risk Transfer
China’s Belt and Road Initiative, the economic project which aims to recreate the ancient Silk Road that linked Europe to Asia, needs protecting. ILS could provide the perfect solution, as Kirill K. Savrassov, chief executive of Phoenix CRetro Reinsurance Company, tells Intelligent ILS. 21 November 2019
Insurance
Bermuda-based Fidelis Insurance is replacing its chief underwriting officer and Bermuda CEO Ben Savill who will “leave to pursue other opportunities”. 14 September 2018
Insurance
Boston-headquartered Liberty Mutual Insurance is rebranding its Liberty International Underwriters (LIU Canada) and Ironshore Canada units as Liberty Mutual Canada. 14 September 2018
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