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Insurance
Atlas General Insurance Services, a national multi-line programme manager, has formed a new specialty division which will be headed by Scott Polkinghorne, who will be based in New York. 12 February 2014
Insurance
Brit, the global specialty insurer, has now completed its move to The Leadenhall Building on Leadenhall Street, London EC3V. 17 February 2016
Insurance
Although Munich Re issued a profit warning in September as a result of the Fall nat cat events in Mexico and the US, it is still not ready to release figures for the losses. Hermann Pohlchristoph, a member of Munich Re’s Board of Management, said in a press briefing at Baden-Baden that the company was reluctant to be the first to release such figures. 24 October 2017
Alternative Risk Transfer
RMS has launched a new so-called Cat-in-a-Box, cloud-based app which allows users to independently assess and underwrite parametric contracts for a small group of cedants, brokers, and underwriters to re/insurers or insurance-linked securities (ILS) funds. 7 April 2016
Insurance
Reinsurers and large insurers are at risk of being hit by unexpectedly large losses stemming from a large cyber attack on a par with substantial hurricane losses in the US—because they do not understand their aggregations to this exposure. 16 October 2017
Insurance
Howden, part of the Hyperion Insurance Group, has acquired Birmingham-based insurance broker Perkins Slade Forrest. 11 August 2015
Alternative Risk Transfer
Bermuda has solidified its place as the go-to location for insurance-linked securities in recent years, according to Brad Adderley, corporate partner at offshore law firm Appleby. 30 August 2018
Insurance
Insurance carriers globally could seize $375 billion in new revenue in the next five years by transforming and revitalizing their businesses, according to a new report from consultancy firm Accenture. 13 February 2018
Insurance
Arthur J Gallagher (AJG) has acquired Minnesota-based retail insurance broker James R Weir Insurance Agency. 22 May 2015
Insurance
XL Catlin has introduced active assailant coverage to its crisis management product suite to respond to the threat of physical attack faced by businesses and public service providers. 2 March 2016
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