News

Alternative Risk Transfer

Swiss Re places $350m cat bond in Frontline debut

Swiss Re Capital Markets has structured and placed the issuance of $350 million of insurance-linked securities by Frontline Re on behalf of Frontline Insurance.   9 July 2018

Insurance

Swiss Re appoints Higginbotham as new EMEA reinsurance CEO

Swiss Re has appointed Russell Higginbotham as CEO reinsurance EMEA effective Sept. 1, 2018, replacing Jean-Jacques Henchoz.   23 August 2018

Insurance

Validus and Eagle Ocean partner over US vessel cover

The marine and upstream energy insurance team of Validus Specialty Underwriting Services has partnered with Eagle Ocean America to launch a new cover for US vessel operators.   22 March 2018

Insurance

Willis Towers Watson makes leadership promotions in US

Broker Willis Towers Watson has appointed Scot Housh as regional lead for its corporate risk and broking (CRB) business in the Midwest, and Mark Vila to lead CRB for the greater Chicago market.   20 February 2017

Insurance

Australia's PSC Insurance to acquire Lloyd's broker Paragon for an estimated £42m

Australian broker PSC Insurance Group is acquiring 100 percent of the share capital of Lloyd’s and London Market broker Paragon International Holdings for a base consideration of £42 million (approximately A$75 million).   25 July 2019

Insurance

LMG puts forward ILS solution for catastrophes

The London Market Group (LMG) has released a white paper to discuss the creation of a foreign aid catastrophe bond (FAB) at a roundtable in the House of Commons.   14 July 2016

Insurance

Beale to step down from Lloyd’s at year end

Inga Beale, the chief executive of Lloyd’s, will step down at the end of the year after four years in the role, according to market sources.   29 June 2018

Insurance

QBE sells Farmers Union business to National General

Specialist insurer QBE North America is selling its Farmers Union Insurance business to National General Holdings as part of its strategy to reinforce focus on its core offerings and improve future earnings profile.   14 November 2018

Insurance

Antares partners with insurtech Concirrus to increase profitability at Lloyd's

Antares, a Lloyd’s managing agent and member of the QIC Group, has partnered with London-based insurtech Concirrus to drive data-driven underwriting at Lloyd’s.   14 November 2018

Insurance

Everest hires from OneBeacon, Starr for private/not-for-profit group

Everest Insurance has hired OneBeacon and Starr executives for its Everest Specialty Underwriters Private Company/Not-for-Profit group.   14 November 2018

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