Articles

Alternative Risk Transfer

Willis Re: ILS market growth slows for two consecutive quarters

Growth in the insurance-linked securities (ILS) market has slowed for the second quarter in a row, according to the Willis Re ILS Market Update.   7 May 2019

Insurance

Ryan Specialty Group and Nationwide to launch new reinsurer Geneva Re in Bermuda

Ryan Specialty Group (RSG) has teamed up with insurance and financial services provider Nationwide to launch a new reinsurance company based in Bermuda, Geneva Re.   7 May 2019

Insurance

Reinsurance Association of America elects new officers from AXA XL, Hamilton Re and Markel

The Reinsurance Association of America (RAA) has elected John Welch, chief executive North America, AXA XL Reinsurance, as the new chairman of its board.   7 May 2019

Insurance

EU Court backs CCR’s French nat cat despite complaints, SCOR responds

The General Court of the European Union has backed the European Commission decision to approve CCR’s natural disaster reinsurance scheme based in France despite objections from French reinsurer SCOR.   7 May 2019

Insurance

Samsung acquires 'strategic stake' in Lloyd's insurer Canopius

Specialty re/insurer Canopius has signed an agreement with Korea's Samsung Fire & Marine Insurance (SFMI) that will see SFMI become a significant minority investor in the company.   3 May 2019

Insurance

Argo fights back against Voce ‘falsehoods’ with detailed SEC filing

Re/insurer Argo Group has fought back against “Voce Capital’s continued falsehoods” by reiterating its “strong track record” and work to drive growth and value for shareholders, as the war of words with the activist investor shows no signs of abating.   3 May 2019

News

Unlocking the AI advantage for commercial lines

As artificial intelligence is used on an increasingly wide variety of insurance applications, insurers need to keep an eye out for additional possible uses, according to Pamela Negosanti global vice president of insurance at AI firm Expert System.   2 May 2019

Insurance

John Neal says 'Lloyd’s is changing' as he plots bold new strategy for future

Lloyd's has published its strategic plan of "transformational initiatives", including simplifying market access and lowering costs, to ensure the 333-year-old marketplace can thrive in an increasingly challenging environment.   1 May 2019

Insurance

Voce swings at Argo again with ‘roadmap to unlock shareholder value’

In another attack on Argo and its board, activist investor Voce Capital Management has published a detailed plan explaining how, it claims, Argo could “unlock substantial shareholder value”.   1 May 2019

Insurance

Willis Towers Watson launches $1bn political risk insurance programme

Broker Willis Towers Watson has launched a new political risk insurance programme supported with over $1 billion of market capacity.   1 May 2019

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