News

Insurance

AXIS appoints new CEO of Irish subsidiaries

Bermuda-based re/insurer AXIS Capital Holdings has appointed Helen O’Sullivan as the CEO of AXIS Specialty Europe and AXIS Re.   18 September 2018

Insurance

Thomas Miller acquires MGA operations

Insurer Thomas Miller has acquired the managing general agency (MGA) and insurance services operations of Hamburg-headquartered specialist insurance services group Zeller Associates.   18 September 2018

Insurance

AIG appoints Waldner as first chief sustainability officer to lead strategy

American International Group (AIG) has created a position of chief sustainability officer to lead the development and implementation of a company-wide sustainability strategy.   25 July 2019

Insurance

Greenlight Re CEO Burton bemoans 'weak' 2018 performance as losses continue

Hedge fund-backed Greenlight Re's CEO Simon Burton admitted "weak" performance in 2018 as the reinsurer posted a loss in both its fourth quarter 2018 and full year results, but remains optimistic about the company's positioning and its value-investing strategy.   28 February 2019

Insurance

Munich Re picks insurtech CyberCube to boost cyber risk analytics

Reinsurer Munich Re has selected insurtech CyberCube's analytics platform to help quantify, model and control cyber accumulation risk.   28 February 2019

Insurance

Liberty taps Allianz exec to develop UK, international coverholder business

Liberty Specialty Markets (LSM), part of Liberty Mutual Insurance Group, has appointed Lewis Edwards to the newly created role of head of underwriting, delegated authority for specialty lines.   14 September 2018

Insurance

Category 5 super typhoon Mangkhut to batter the Philippines

Typhoon Mangkhut will landfall along the northeastern coast of Luzon, Philippines within the next 20 hours as a very intense category 5 super typhoon, according to Aon’s Impact Forecasting Cat Alert.   14 September 2018

Alternative Risk Transfer

Lloyd’s agencies eager to embrace ILS

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

Awards

Best Reinsurer for Expertise and Market Knowledge (GWP of more than $2bn) winner: Munich Re

Receiving a top score of 7.78 out of 10, Munich Re took first place and secured the title for best reinsurer based on expertise and market knowledge with GWP of more than $2 billion.   14 September 2014

Alternative Risk Transfer

Iran looks into ILS as reinsurance replacement

Iran is working on the development of a range of new financial products, including insurance-linked securities (ILS) as reinsurance cover has become scarce in the country due to the reintroduction of sanctions, according to an Oct. 2 Reuters report.   4 October 2018

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