Articles

Insurance

Beazley launches blockchain registry with Lloyd’s coverholder and Bitfury

Specialist insurer Beazley and Lloyd’s coverholder Risk Cooperative have partnered with blockchain technology company Bitfury to build the first blockchain-based system for crisis insurance and risk management.   2 May 2018

Insurance

Florida regulator approves rate drop for workers’ comp

The Florida Office of Insurance Regulation has approved a rate decrease for workers’ compensation insurance in Florida.   2 May 2018

Insurance

Everest Re sees growing reinsurance demand from large cedants

The Everest Re CEO sees demand for reinsurance growing from large insurers driven by consolidation in the sector.   27 April 2018

Alternative Risk Transfer

No stopping for ILS, cat bonds growth

2017 was a record breaking year for cat bond issuance. Gary Harris and Brad Adderley from legal firm Appleby take a look back at what was a year to remember.   25 April 2018

Insurance

R&Q partners with MGA in Florida

Bermuda-based R&Q Investment Holdings unit Accredited Surety & Casualty Company has closed a programme underwriting partnership with Renaissance Managing General Agency.   25 April 2018

Insurance

Insurtech firm partners with digital insurer

Berlin-based insurtech simplesurance, a digital solutions provider, and ELEMENT, a digital property/casualty insurer are partnering to bring fully-digitalized insurance policies to market.   24 April 2018

Insurance

Global Q1 insured cat losses below average

Global insured catastrophe losses are estimated at between $5 billion and $10 billion, well below the historical average of $14 billion, according to Morgan Stanley analysts.   4 April 2018

News

Reinsurance earnings reach lowest level since 2005

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

Large insurers re-enter reinsurance market

Large primary carriers are re-entering the reinsurance market after having largely abandoned the sector in the 1990s and early 2000s, according to Willis Re CEO James Kent.   3 April 2018

Alternative Risk Transfer

Bermuda leads in ILS innovation

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

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