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Insurance
Hardy confirms Day appointment; lures Swiss Re exec
Re/insurance underwriter Hardy Underwriting has confirmed the appointment of Carl Day, formerly of Hiscox, as head of energy, marine and aviation.   6 November 2014
Insurance
CFC hires Montpelier exec as head of emerging risk
CFC Underwriting, the specialist lines underwriting agency, has appointed Matt Taylor as head of emerging risk.   9 March 2016
Insurance
M&A might be logical but can also result in downgrades: S&P
There has been a surge of mergers and acquisitions (M&A) activity since mid-August 2016—but the outcome of such transactions may have mixed results from a credit standpoint, according to S&P Global Ratings.   23 October 2016
Insurance
Insurers will seek to pass on rate hikes
The implications of retro and reinsurance rates moving from a soft to a hard market and how fast such increases could be reflected by cedants in their own tariffs on a direct basis will be the main talking point at SIRC this year, according to Laurent Montador, deputy CEO of CCR Re.   31 October 2017
Insurance
Hanover reveals restructuring; appoints new leaders
The Hanover Insurance Group has announced several organisational changes to drive global growth through its “go-forward” business strategy over the next five years.   24 February 2017
Insurance
Agency captives can align interests of brokers and carriers
Agency captives can offer agents and brokers the opportunity to earn underwriting profits previously retained by the insurance carrier, and align the interests of the agent and carrier regarding risk selection, pricing and loss control.   10 August 2017
Insurance
Adverse loss developments move Maiden to losses in Q2
Maiden Holdings made a loss in the second quarter of 2017 on the back of the emergence of adverse loss development in both its key operating segments. As the reinsurer’s combined ratio soared, the company’s CEO moved to stress he believed the company had addressed the issue.   9 August 2017
News
Deposing King Coal - the ESG future for re/insurance
European re/insurers are leading the charge towards forcing the eventual abdication of 'king' coal. How successful will the industry be in toppling the age-old monarch of fossil fuels, and why are climate campaigners still frustrated? Intelligent Insurer investigates.   9 April 2020
Insurance
Recent cat losses could make ILS collateral more attractive
In the wake of recent US nat cat losses, the perceived value of insurance-linked securities (ILS) collateral over a rated “promise to pay” model will rise if reinsurers have failed to use modelling and retrocession to better manage their tail risks, according to Willis Towers Watson’s Q3 ILS market update.   25 October 2017
Insurance
Rate hikes unlikely: Caribbean cat facility
Notwithstanding the nat cat events of 2017, the Caribbean Catastrophe Risk Insurance Facility (CCRIF) is confident that its balance sheet is adequately set up to absorb the risk of high payouts in years of multiple extreme events, Isaac Anthony, CEO of CCRIF, told Baden-Baden Today.   25 October 2017

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