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A new generation of catastrophe models could be completely transparent to their users – heralding a seismic change in the way risk models are built and used, which could be as significant a change for the industry as when the very first cat models were built in the early 1980s. 9 June 2017
Insurance
Marine insurer Skuld made a $6.5 million underwriting loss for the nine months to November 20, 2014, largely due to a series of substantial claims in the last three months of the period. 19 December 2014
Insurance
Over 400 businesses, including a number of insurers, have signed a letter sent to all members of the US House of Representatives urging the swift passage of the Terrorism Risk Insurance Act (TRIA) legislation. 9 September 2014
Insurance
ACE has appointed Julian Hudson as head of trade credit at ACE global markets. 26 November 2015
Alternative Risk Transfer
Hurricane Irma will test the infrastructure and financial wherewithal of some insurers doing business in Florida, particularly newcomers, as Chris Draghi and Michelle Baurkot of AM Best explain. 26 October 2017
News
The state-owned Russian National Reinsurance Company (RNRC) has shown more appetite for new business in its first year in business than expected, Nicola Rautmann, market executive Austria & Central and Eastern Europe (CEE) at Swiss Re, told Baden-Baden Today. 25 October 2017
News
Investment management firm AQR Capital Management has appointed Greg Habay as a vice president in the firm’s business development group. 2 December 2014
Insurance
Torrent Technologies, a Marsh company, in coordination with Torrent’s Write-Your-Own (WYO) carriers participating in the National Flood Insurance Program (NFIP), has announced the availability of a new, automated private market primary flood insurance solution designed to be a cost-effective alternative to the NFIP. 13 May 2016
Insurance
Marine insurer Skuld and the board of managing agency Asta Syndicate have appointed Mike Bennett as active underwriter on Syndicate 1897, following his interim appointment in early March. 13 May 2014
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