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Alternative Risk Transfer
Three experienced ILS executives including one of the founders of Hiscox-owned Kiskadee Investment Managers and a former managing director of RenRe-owned DaVinci Reinsurance have formed a new hedge fund-backed ILS venture, according to a May 16 Reuters report. 17 May 2018
Insurance
Bermuda-based Fidelis Insurance has taken an equity stake in a new managing general agent (MGA) Aware Specialty, and will be providing underwriting capacity. 17 May 2018
Insurance
New York-based insurance holding company AmTrust Financial Services said that it plans to raise gross proceeds of $300 million through a private placement. 26 May 2017
News
Canopius Group and Sompo Japan have combined their Zurich-based reinsurance operations in to a single business unit. 9 September 2014
Insurance
Specialist insurer Tokio Marine Kiln (TMK) has established a $100 million intellectual property (IP) facility with broker Aon and several other Lloyd’s syndicates. 3 July 2018
Insurance
The Caribbean Catastrophe Risk Insurance Facility (CCRIF), a multi-risk insurance pool designed to protect the region, has appointed a new chairman for a three-year term. 3 July 2018
Insurance
US insurance giant AIG Group reduced its combined ratio from previous years’ ruinous levels, helped by lower catastrophe losses, and its reinsurance strategy. 4 November 2019
Insurance
Australia’s insurer Suncorp has reported natural hazards of A$395 million ($313.9 million) between July and December 2016, which is A$65 million above the allowance for the period, driven primarily by the Victorian hail storm. 15 February 2018
Insurance
Dutch insurance and asset management company NN Group's chief executive officer of international insurance, Robin Spencer is stepping down from his position, effective June 1, 2018. 12 March 2018
Insurance
Specialty insurer Navigators Group has expanded gross written premiums by 10.0 percent year on year to $497.2 million in the second quarter of 2018. 9 August 2018
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