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Resisting the seduction of models
Alternative Risk Transfer
The nat cat loss experiences of 2017 and 2018 have shown the weaknesses of relying upon a standardised external model without internal enhancement through the application of expert judgement and actuarial technique. Dirk Lohmann of Schroders investigates the solutions.   9 October 2019
Insurance
Bermuda-based James River Group Holdings has given notice of early cancellation of all insurance policies issued to Rasier - its largest customer and an affiliate of ridesharing company Uber Technologies.   9 October 2019
D&O making losses after number of carriers escalates
Insurance
The Directors and Officers (D&O) market is losing insurers money and needs to be realigned after the number of carriers shot up over the last decade, said a leading industry player.   9 October 2019
Insurance
BMS Group has secured a long-term equity investment, which values the specialist re/insurance broker at £500 million, from British Columbia Investment Management Corporation (BCI) and Preservation Capital Partners (PCP).   9 October 2019
Insurance
UK-based insurtech firm Inzura.ai, which offers insurers and brokers mobile-centric tools designed to accelerate user engagement and company profits using advanced machine learning, integrated dashcams and AI, has hired a senior industry telematics specialist to further expand its business.   9 October 2019
Insurance
Global insurance broker and risk adviser Marsh has made four senior appointments to Marsh JLT Specialty’s Aviation Practice in London and New York.   8 October 2019
Insurance
Steve Hales has been appointed CEO of Bermuda-domiciled reinsurer Resolution Re, part of the Resolution Life Group.   8 October 2019
Insurance
Some 200 re/insurance professionals will gather in Brussels this week to share their insights on terrorism, and help mitigate its effects.   7 October 2019
Insurance
UK insurers will not be as badly affected as some other sectors in terms of ratings downgrades in the event of a no-deal Brexit.   7 October 2019
Insurance
Only 37% of insurers have a holistic digital transformation strategy in place, despite the vast majority saying that capabilities in this area are important.   7 October 2019

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