Articles
Insurance
The casualty business is “the sweet spot today,” WR Berkley CEO Robert Berkley said during the re/insurer’s second quarter 2018 earnings call, while noting that the reinsurance business is dragging. 25 July 2018
Insurance
Bermuda-based insurance group Enstar and private equity firm Madison Dearborn Partners (MDP) are taking a stake in AmTrust Financial Services. 25 July 2018
Insurance
Chubb is expanding the property/casualty (P&C) business as it takes advantage of price increases. 25 July 2018
Insurance
Insured losses from natural disasters in the first half of 2018 are estimated at $21 billion, 40 percent lower than the 10-year average of $35 billion, according to Aon’s Global Catastrophe Recap: First Half of 2018 report. 25 July 2018
Insurance
While the UK’s specialty insurance market is showing only “modest” rate increases, mergers & acquisitions (M&A) are on the rise as insurers look for growth, according to EY UK insurance leader Rodney Bonnard. 24 July 2018
Insurance
Specialist credit and political risk insurance broker BPL Global has created a new specialist division dedicated to excess of loss (XoL) trade credit insurance with a specific focus on the trade finance sector. 24 July 2018
Alternative Risk Transfer
A new single structure for conducting both the fund and insurance element of insurance-linked securities business is being devised in Guernsey. 24 July 2018
Insurance
Risk modelling and analytics firm RMS has promoted Reed Birnbaum as chief financial officer (CFO), from his prior post of senior vice president, finance and analytics. 24 July 2018
Alternative Risk Transfer
Some of the bigger ILS funds are well down the road towards securing ratings—a move that will see them complete their journey from nimble newcomers to occupying a central ground and competing with traditional players on their own turf. This could be a game-changer for the market, as Intelligent Insurer reports. 23 July 2018
Insurance
The average fine per prosecution brought by the UK government-sponsored Environment Agency (EA) against companies has increased six-fold in the last five years, according to research from global law firm Clyde & Co. 23 July 2018
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