Articles
Insurance
Kingstone Insurance Company (KICO), a wholly-owned subsidiary of property/casualty insurer Kingstone Companies, has reduced its personal lines quota share treaty ceding percentage to 10 percent, down from 20 percent, effective July 1, 2018. 24 August 2018
Insurance
Gerald Stephens, the founder of US specialty insurer RLI, has passed away at the age of 86. 24 August 2018
Insurance
Swiss Re has appointed Russell Higginbotham as CEO reinsurance EMEA effective Sept. 1, 2018, replacing Jean-Jacques Henchoz. 23 August 2018
Insurance
Tech-focused startups are targeting the $15 billion title insurance industry that’s dominated by just four companies, according to an Aug. 22 Bloomberg News report. 23 August 2018
News
A group of 18 US property/casualty reinsurers wrote $30.1 billion of net premiums during the six-months ended June 30, 2018, compared to $22.5 billion for the same period in 2017, according to data released by the Reinsurance Association of America (RAA). 22 August 2018
Alternative Risk Transfer
Lloyd’s agencies want insurance-linked securities (ILS) as a permanent re/insurance market fixture, according to a survey by the Lloyd’s Market Association (LMA). 14 August 2018
Insurance
Insurtech, new risks and the growing involvement of the capital markets are all making the re/insurance industry more attractive to young people—and they look increasingly critical to its future. As part of a wider feature available online, Intelligent Insurer speaks to 45 young executives—all under 35—destined for success within this evolving sector. 13 August 2018
Insurance
Munich Re has reduced the reinsurance business in the second quarter of 2018 driven by the life and health (L&H) operations. 8 August 2018
News
Bermuda-based Aspen has appointed Emil Issavi, president and chief underwriting officer of Aspen Re, to lead its reinsurance business, succeeding CEO Thomas Lillelund. 8 August 2018
Insurance
S&P Global Ratings has placed the 'A-' ratings of Swiss Re ReAssure (SRRAL) on Credit Watch Negative, following the announcement by its parent Swiss Re Group that it is exploring the possibility of an initial public offering (IPO) of the UK closed-book consolidator ReAssure (not rated). 8 August 2018
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