News
Insurance
Bermuda-based run-off specialist Premia Holdings has acquired an Illinois-based property/casualty insurer that was being managed by the Illinois Department of Insurance after being placed into rehabilitation in 2017. 11 January 2019
Insurance
UK broker Brightside Group has launched a new manging general agent (MGA) to write motor insurance backed by capacity provided by Randall and Quilter Investment Holdings. 10 January 2019
Insurance
A group of Europe’s largest reinsurers, the Insurance Europe Reinsurance Advisory Board (RAB), has published an overview of the benefits of insurers’ use of internal models, essentially making the case for their use. 10 January 2019
Alternative Risk Transfer
A combination of losses in 2018, capital still trapped in relation to 2017 events and a lack of new capacity entering the market, will likely lead to a hardening of the pricing of ILS deals and higher prices in the retro market in 2019. 10 January 2019
Insurance
Specialty re/insurer MS Amlin has increased its protection and indemnity (P&I) capacity for 2019. 10 January 2019
Insurance
Broker Willis Towers Watson has appointed Simon Weaver as new head of Australasia, replacing Andrew Boal who has resigned after 27 years at the company. 10 January 2019
Insurance
AXA XL Risk Consulting has partnered with Expert System, a specialist in the use of artificial intelligence (AI), to help its underwriters make better decisions to when assessing property risk engineering risks. 10 January 2019
Insurance
Re/insurance broker Aon has partnered with SBC InsurTech, a company focused on innovation programmes for the insurance industry, help its clients make better decisions around how they might partner with and invest in insurtech start-ups. 10 January 2019
Insurance
Bermuda specialty re/insurer Argo Group International Holdings has appointed Bill Wharton to head Argo Insurance Bermuda, and Nigel Mortimer to lead its international casualty business. 9 January 2019
Insurance
Sonja Rottiers has been appointed as the CEO of Lloyd’s Brussels, replacing Vincent Vandendael who had been appointed to the post in May 2018. 20 December 2018
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