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Insurance
The Liberty syndicates at Lloyd’s will lead the reinsurance programme on one of the largest ever single project tunnelling and rail construction insurance policies ever. 23 April 2014
Insurance
After General Electric (GE) revealed a $15 billion statutory long-term care (LTC) reserve charge over 7 years in January 2018, KBW analysts mull over potential read-throughs to the industry. 21 March 2018
News
Losses from Hurricane Harvey and Irma could mean that Munich Re will miss its profit guidance of €2.0–2.4 billion for 2017, the company said in a Sept. 13 press release. 14 September 2017
Insurance
Jardine Lloyd Thompson (JLT) has reshuffled its senior leadership. The changes were prompted by the retirement of JLT’s UK employee benefits business chief executive but extend into its Asia business where it has recruited a senior executive from Willis. 30 January 2015
Insurance
Assurant said on Sept. 11 that it expects pre-tax losses from Hurricane Irma to exceed its retention of $125 million pre-tax but that they will remain within the company’s comprehensive reinsurance program. 12 September 2017
News
The convergence between reinsurance and the alternative capital markets is creating a buyers’ market as innovation flourishes and prices continue to decline, believes David Croom-Johnson, active underwriter at Lloyd's syndicate AEGIS. 11 September 2013
Insurance
Randall & Quilter, the specialist non-life legacy insurance investor, posted a strong set of results for the first six months of 2017 as it benefitted from a robust pipeline of legacy business and the impact of simplifying the business, which has included some disposals. 4 September 2017
Alternative Risk Transfer
Jardine Lloyd Thompson Capital Markets (JLTCM) has closed its second Market Re private placement cat bond (Market Re 2014 -2) at $31.825 million. 17 June 2014
Alternative Risk Transfer
Jardine Lloyd Thompson Capital Markets (JLTCM) has closed another Market Re private placement cat bond (Market Re 2014 -4) at $30 million via two separate classes. 15 July 2014
Insurance
Industry insured losses resulting from Hurricane Florence’s winds and storm surge will be between $1.7 billion and $4.6 billion, according to estimates by catastrophe risk modelling firm AIR Worldwide. 19 September 2018
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