Articles
Alternative Risk Transfer
The insurance-linked securities (ILS) market has reacted in an orderly manner after the 2017 catastrophe losses, paying claims and reloading, and it doesn’t have to prove itself any more, Aon Securities CEO Paul Schultz suggested in a conversation with Monte Carlo Today. 11 September 2018
Insurance
The insured property losses caused by extratropical cyclone Herwart that affected Austria and Germany in October are estimated to be at €252 million, according to data provider PERILS. 11 December 2017
Insurance
An uptick in mergers and acquisitions (M&A) is accelerating a trend whereby the traditional re/insurance value chain is being replaced by a broader risk ecosystem with less defined boundaries between players, Victor Peignet, CEO of SCOR Global P&C, told Monte Carlo Today. 10 September 2018
Insurance
Global Risk Partners (GRP), an acquisitive insurance broking and managing general agency (MGA) investment vehicle, has agreed to back the management buyout (MBO) of Lonmar Global Risks (Lonmar), a specialist Lloyd’s broker. 27 April 2016
Insurance
American International Group (AIG) has expanded its presence in the pension risk transfer market after reaching agreements on the two largest plan termination transactions of 2017. 29 May 2018
Insurance
New York-based Oscar Health, a technology-focused health insurance company, has secured $165 million to fuel its next phase of growth. 4 April 2018
Insurance
Ban Ki-moon, the United Nations (UN) secretary-general, is set to deliver an opening keynote address at the UN insurance sector summit, taking place today, June 17, 2015. 17 June 2015
Insurance
The producer of a planned Gregg Allman biopic film has filed a lawsuit with Los Angeles Superior Court accusing New York Marine and General Insurance of allegedly refusing to pay more than $1.6 million in losses stemming from a deadly on-set accident. 18 August 2014
Insurance
Insurance and investment firm Starr Companies which is headed by Maurice Greenberg, has discontinued underwriting new business through the Starr Singapore Underwriting Agents representing its Lloyds Syndicate 1919. 8 November 2017
Insurance
AXA Assistance has promoted Eoin Lyons to chief operating officer from his role as general manager of AXA Assistance in Ireland. Former head of account management, Paul Moloney will assume Lyons’ vacated position, as well as the role of account director for key strategic AXA Assistance UK clients. 13 February 2014
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