Articles
Insurance
Krupa Global Investments (KGI), a Prague-based investment firm and formerly a significant shareholder of AmTrust Financial Services, has filed a complaint against Stone Point Capital and AmTrust before the European Commission Directorate-General for Competition. 1 March 2019
Insurance
UK government-backed terrorism mutual reinsurer Pool Re has completed a £2.3 billion terrorism retrocession placement led by Munich Re. 1 March 2019
Alternative Risk Transfer
The future of Markel CatCo looked less certain today as the company’s board said it would “recommend an orderly run-off” of the firm's portfolios. 1 March 2019
Alternative Risk Transfer
UnipolSai Assicurazioni, one of the biggest insurers in Italy, has placed a €45 million catastrophe bond providing it with protection against perils in Italy including atmospheric phenomena, snow pressure and flood risks (including Vatican City and San Marino Republic). 1 March 2019
Alternative Risk Transfer
Despite a multitude of other catastrophes in 2018, the single biggest loss event for reinsurers was so-called loss creep from 2017’s Hurricane Irma. Dirk Lohmann of Schroders examines what went wrong and what the industry must learn. 28 February 2019
Insurance
Marine insurance provider Skuld will cease underwriting business from its Lloyd's syndicate 1897 in a move the company hopes will 'improve its profit potential', but will lead to role reductions and some staff departures in London. 28 February 2019
Insurance
Bermuda-based reinsurer Third Point Re posted a net loss for both the fourth quarter 2018 and the full year, driven by "poor investment performance combined with modest catastrophe losses", according to its CEO Rob Bredahl. 28 February 2019
News
More managing general agents are being created all the time. But what will determine which succeed and which fall by the wayside? Intelligent Insurer investigates. 28 February 2019
Insurance
Hedge fund-backed Greenlight Re's CEO Simon Burton admitted "weak" performance in 2018 as the reinsurer posted a loss in both its fourth quarter 2018 and full year results, but remains optimistic about the company's positioning and its value-investing strategy. 28 February 2019
Insurance
Liberty Mutual reported strong premium growth as its chair and CEO David Long, welcomed “improved” market conditions and “robust” international growth. 28 February 2019
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