News
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
Alternative Risk Transfer
A record number of catastrophe bonds were issued in the first quarter of the year, continuing the strong momentum in this sector seen at the end of 2011, according to reports by Aon Benfield Securities and Willis Capital Markets & Advisory. 1 June 2012
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
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
‘We now expect to surpass our initial profit and revenue targets overall for 2019’. 7 November 2019
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
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
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
News
A report by Willis suggested higher rates on catastrophe business could trigger cedants to explore alterative options. Will a lack of capacity in the retro market drive demand for industry loss warranties? Intelligent Insurer investigates. 5 April 2012
Insurance
Bermuda-based Enstar Group has entered into an agreement to sell its subsidiary Pavonia Holdings for $120 million to an undisclosed affiliate of Global Bankers Insurance Group, the re/insurance group of companies of Eli Global. 20 February 2017
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