News
Alternative Risk Transfer
Bermuda-based mortgage insurance provider Essent Group, a subsidiary of Essent Guaranty, has closed a $333.8 million reinsurance transaction and related mortgage insurance-linked notes offering. 25 June 2019
Insurance
Honan Insurance Group, an Australian insurance and financial services broker, has hired Eliza White for the newly created role of director of operations, Asia. She will be based in the group’s regional head office in Singapore. 25 June 2019
Insurance
Florida-based Peachtree Casualty Insurance Company has completed its first assumption of legacy liabilities since its acquisition by SOBC DARAG in November 2018. 25 June 2019
Insurance
Liberty Mutual Re, a part of Liberty Mutual Insurance Group, has appointed Jens Voges as senior underwriter and product leader of marine & energy within its London market risks (LMR) team. 20 June 2019
Insurance
French insurer AXA has unveiled leadership changes that will take effect after the departure of its group chief financial officer (CFO) Gérald Harlin, who is leaving the company after 29 years. 20 June 2019
Insurance
The US government’s current Terrorism Risk Insurance Act (TRIA) must be reauthorised this year, even though the programme expires at the end of 2020, the American Property Casualty Insurance Association (APCIA) has warned. 19 June 2019
Insurance
Ken Randall will no longer serve as the group chief executive officer (CEO) of Randall & Quilter Investment Holdings (R&Q), and will hand over the reins to Alan Quilter, who co-founded the business with him in 1991. 19 June 2019
Alternative Risk Transfer
Twelve Capital, an independent investment manager specialising in insurance with approximately $4 billion in assets under management, is expanding its product range for insurance-linked securities (ILS) investors, including cat bonds, collateralised reinsurance and multi-asset offering, across its target markets in Europe. 19 June 2019
Insurance
Insurtech ChainThat, a provider of blockchain solutions for the re/insurance industry, has gained approval to be the first company to join the Bermuda Monetary Authority (BMA) Innovation Hub. 19 June 2019
Insurance
AXA XL, the property & casualty and specialty risk division of AXA, has named AIG's Robert Klepper as chief underwriting officer (CUO) of short-tail insurance lines. 19 June 2019
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