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After experiencing 18 months of above average industry losses, Swiss Re expects that ILS investors will want to see rates harden in 2019, especially for loss-impacted tranches. 20 February 2019
Insurance
Specialist re/insurer Ascot has appointed Jeff Vetter as executive vice president and head of inland marine. He joins from Markel where he led their inland marine division. 20 February 2019
Insurance
French reinsurer SCOR has appointed Jean-Paul Conoscente, currently CEO of reinsurance at SCOR Global P&C, as chief executive officer of SCOR Global P&C. 20 February 2019
Insurance
German-based Allianz Group has increased the size of its digital investment unit Allianz X, making it one of the largest corporate venture funds in Europe. 20 February 2019
Insurance
The American Agricultural Insurance Company (AAIC) has launched a cyber insurance product to protect small business owners and farmers/ranchers from the growing risks they face. 20 February 2019
Insurance
The Managing General Agents’ Association (MGAA) has appointed Gary Humphreys, group underwriting director at Markerstudy Group, as a new board director at its annual general meeting. 20 February 2019
Insurance
Insurtech start-up VouchForMe, a blockchain-powered peer-to-peer insurance model based on social proof endorsements, has launched in the UK with the aim to "disrupt and revolutionise the insurance industry". 19 February 2019
Insurance
Risk modelling and analytics firm RMS has unveiled a new model for addressing wildfire risk across the United States, claiming it to be the "most comprehensive solution" in the market. 19 February 2019
Insurance
US specialty insurer RLI has partnered with insurtech start-up DataCubes to optimise its underwriting process. 18 February 2019
Insurance
Rating agency AM Best has downgraded the Long-Term Issuer Credit Ratings (ICR) of Allied World Assurance Company (Bermuda) and its operating affiliates to ‘a’ from ‘a+’. 18 February 2019
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