News
Alternative Risk Transfer
Pool Re, the UK’s state-backed terrorism reinsurer, wants to increase the number of reinsurers willing to participate on its retrocessional placements and the number of investors willing to support its ILS programme as it cannot buy as much capacity as it would like. 10 September 2019
Insurance
Prolonged lower interest are rates a bigger worry than Brexit for insurers. 8 October 2019
Insurance
DL Dale & Others' Syndicate 2525, a specialist employers’ and third party liability Lloyd’s insurer managed by Asta Managing Agency, has strengthened its underwriting team with key hires from Aspen Insurance. 15 March 2018
Insurance
Swiss Re Corporate Solutions, the commercial insurance arm of Swiss Re Group, has launched an innovative risk management product that combines insurance with cyber attack protection services. 5 February 2019
Insurance
Fannie Mae, the US government-backed financial institution that provides liquidity to the US mortgage markets by buying mortgages from lenders, has completed a multi-tranche credit insurance risk transfer (CIRT) transaction that covers a pool of $11.7 billion of multifamily loans. 28 March 2019
Insurance
The re/insurance industry loss from extratropical cyclone Friederike (also called David) has reached €1.68 billion, according to Zurich-based catastrophe insurance data provider PERILS. 17 July 2018
Insurance
Pioneer Underwriters has hired a financial lines underwriter from Chubb to boost its financial institutions unit. 4 January 2018
Insurance
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
Re/insurer XL Catlin has promoted Mike MacColl to the position of global practice leader for hull. Previously, MacColl held the role of head of hull for the UK. 6 February 2018
Insurance
Bermuda-based AXIS Capital Holdings has expanded its board of directors with the appointed of Lizabeth Zlatkus. She has previously held several senior management positions at The Hartford Financial Services Group during her 28-year tenure at the company. 27 February 2019
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