Articles
Alternative Risk Transfer
Bermuda domiciled Limestone Re has issued $278 million of notes to investors in a private placement transaction that provides collateralised reinsurance for Liberty Mutual’s US property catastrophe programme, as well as US homeowners and global property reinsurance risks. 28 June 2018
Alternative Risk Transfer
According to the latest report on the state of the global ILS market from the Bermuda Monetary Authority, 2017 was an excellent year—but with a few caveats. 28 June 2018
Alternative Risk Transfer
How has London adapted to become a hub for ILS business, asks Clive O’Connell, partner, head of insurance and reinsurance at McCarthy Denning. 28 June 2018
Insurance
The UK motor insurance market has reported a net combined ratio (NCR) of 96.8 percent in 2017, the best result since 1994 and the second best since records began, according to EY’s Annual UK Motor Insurance Results. 28 June 2018
News
The reinsurance industry has been disrupted through competition from alternative capital and is now seeking new pools of risk, according to a panel discussion at the 2018 Insurtech Insights June 19 and 20 conference in London. 27 June 2018
Insurance
Spain’s insurance group Mapfre is acquiring full control of the Brazilian non-life and life businesses of its strategic venture with Banco do Brasil for €546 million. 27 June 2018
Insurance
New Zealand’s Serious Fraud Office is now investigating CBL Insurance and associated entities, adding to investigations by the Reserve Bank and Financial Markets Authority. 27 June 2018
Insurance
Risk management services firm Hanover Stone Solutions has appointed three senior advisors to its newly-formed strategic planning consulting practice. 27 June 2018
Insurance
New York-based insurtech startup CoverWallet, an online platform helping small businesses to understand, buy and manage insurance, has launched the first application programme interface (API) for commercial insurance. 27 June 2018
Insurance
The proportion of financial services firms citing cyber-attack as a key risk has increased for the third consecutive time in the Bank of England’s Systemic Risk Survey. 27 June 2018
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