News
Alternative Risk Transfer
Reinsurance Group of America (RGA) has completed an asset and longevity risk transaction with Liverpool Victoria Friendly Society (LV=) where it will reinsure approximately £900 million in individual annuity business. 19 December 2017
Insurance
Insured losses from Hurricane Barry, the second named storm of the 2019 North Atlantic hurricane season, will not top $500 million, global risk modeling and analytics firm RMS has said. 19 July 2019
Insurance
Specialty re/insurer Brit has appointed Michael Gould as its new chief operating officer (COO). He arrives from Lloyd's syndicate Talbot Underwriting where he has held the position of COO since 2015. 12 June 2018
Insurance
Capsicum Delegated Authority (Capsicum DA), a specialist binding authority broker, has hired David Doe from Lloyd's broker Tysers to establish a new professional liability specialism. 23 July 2018
Insurance
Specialist insurance broker Price Forbes, part of the Ardonagh Group of companies, has launched a new security risks practice following three senior hires from Jardine Lloyd Thompson Group, who have expertise in international risk management, military operations and insurance broking and underwriting. 25 June 2019
Insurance
Re/insurer Mapfre has estimated that losses stemming from the recent natural disasters in North America and the Caribbean will cost it between €150 million and €200 million on its 2017 net result. 27 September 2017
Insurance
Swiss Re’s commercial insurance unit Swiss Re Corporate Solutions has launched a standalone parametric-based haze insurance solution for businesses operating in Singapore. 8 October 2018
Insurance
SCOR declined opportunities to grow in proportional reinsurance at the January renewals because it perceived rates as inadequate. This is in contrast with some of its competitors including Munich Re, which have signed some large proportional deals. 8 February 2018
Insurance
Specialist insurer Markel International has been granted a licence by the Insurance Regulatory and Development Authority of India (IRDAI) to write reinsurance business in the country. 11 June 2018
Insurance
Bermuda-based Qatar Reinsurance Company (Qatar Re), a subsidiary of Qatar Insurance Company (QIC), has ceased writing new and renewal business from its branch office in Singapore from July 20. 23 July 2018
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