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Lloyd’s of London has been granted a licence as a foreign reinsurer in Nicaragua by the country's insurance regulator Superintendencia de Bancos y Otras Instituciones Financieras (SIBOIF).   29 March 2017
New $100m insurtech investment fund launches
Insurance
Eos Venture Partners, a specialist venture capital investor, is launching a new $100 million fund targeting early and growth stage insurtech ventures, which will allow insurers to invest in the insurtech sector indirectly and gain access to potentially transformative technology, Intelligent Insurer can reveal.   11 April 2018
Insurance
Specialty property/casualty insurer AmTrust Financial Services said on Oct. 3 that it expects net losses for the third quarter of 2017 from natural catastrophes of between $40 million and $65 million.   4 October 2017
News
Insurance is not known for being at the forefront of innovation. By and large, customers are buying the same types of covers from the same carriers in the same way as they were 20 years ago, says Anthony Bice, partner and head of EMEA Insurance, Oliver Wyman.   1 October 2018
Insurance
Carriers writing commercial casualty business should be wary of hidden risks and unmodelled exposures which have the potential to be the “next asbestos”, Robert Reville, CEO of Praedicat, has warned.   12 September 2018
Insurance
The 2017 hurricanes Harvey, Irma and Maria (HIM) led to recorded estimated losses of $31.2 billion net of reinsurance costs for Bermuda re/insurers, according to the Bermuda Monetary Authority (BMA).   22 November 2017
Insurance
Global reinsurance can expect to face market “headwinds” in 2020, despite strong capitalisation and rising pricing, credit ratings agency Moody’s has said.   4 September 2019
Insurance
Loss adjusting business Charles Taylor Adjusting (CTA) has appointed Vince Cole as US CEO and regional head, also joining the company's senior management team.   27 January 2017
Insurance
At the start of 2017 Premia Holdings, a company dedicated to the run-off market, was founded on Bermuda with $500 million of capital—a deal that represented one of the biggest capital raisings in the sector. In an interview first published in sister publication Bermuda:Re+ILS, CEO Bill O’Farrell explains why he expects fast growth in the run-off sector.   10 May 2017
Insurance
Good technical underwriting will win out in Latin America despite continuing pressure on the market to write more competitive terms and conditions. That is the view of Santiago Jaramillo, deputy general manager and engineering portfolio manager for Helvetia.   26 October 2015

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