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Alternative Risk Transfer
ILS as an investment class could benefit from diversity but this must be done with care. Objective triggers must be created carefully to allow for proper pricing, as Clive O’Connell of McCarthy Denning explains. 28 September 2017
Insurance
Insured losses for Hurricane Harvey are estimated at approximately $650 million pre-tax, and Irma estimated from $800 million to $950 million, according to preliminary loss estimates from Chubb. 28 September 2017
Insurance
Broker Aon is suing rival Willis Towers Watson (WTW) over its hiring of Michael Burwell as the new chief financial officer (CFO) because Burwell advised Aon on its restructuring plans as a partner of PwC. 27 September 2017
Insurance
Specialist insurer Beazley has partnered with Generali to manage data breaches for Generali Brazil’s new cyber insurance offering for its corporate and commercial clients. 27 September 2017
Insurance
US-based insurtech development platform Boost Insurance has raised a $3 million funding round and has partnered with State National Companies and Nephila to provide a turnkey solution for both early stage and expanding insurtech start-ups. 27 September 2017
Insurance
Allianz Global Corporate & Specialty (AGCS) has partnered with Silicon Valley-based cyber risk analytics and modelling firm Cyence in order to improve its cyber risk analysis and capabilities. 27 September 2017
Insurance
Property/casualty insurer Chubb has appointed Louisa Lombardo as head of diversity and inclusion (D&I) for Europe, Eurasia and Africa. 27 September 2017
Insurance
Broker Willis Towers Watson has appointed Sampath Soysa as claims manager – Northern and Southern region Australia, within its Corporate Risk and Broking (CRB) team. 27 September 2017
Insurance
Ironshore, a Liberty Mutual Company, has expanded its underwriting agency business into the US and London Markets, which will be led by the financial lines manager of Iron-Starr Excess Agency Steve Horton. 26 September 2017
Insurance
Matt Hodges-Long, founder of insurtech start-up TrackMyRisks, has warned insurers to stop sending email attachments and start sharing information with their customers instead. 26 September 2017
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