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Insurance
Martin Sullivan, the former chief executive of AIG and now a partner in Lightyear Capital, has denied rumours that the private equity firm is looking to sell its stake in broker Ed—of which he is also non-executive chairman. 13 September 2017
Insurance
According to AM Best, the global reinsurance market in 2017 is wrestling with the French saying ‘plus ça change, plus c’est la même chose’—usually translated as ‘the more things change, the more they stay the same’. 12 September 2017
Insurance
The insurance-linked securities (ILS) market is entering a new phase of innovation as investors seek new risks and issuers seek innovative solutions that are beyond the means of traditional reinsurers to deliver. 11 September 2017
Insurance
As interest and investment in the insurtech sector rapidly grows, many executives increasingly believe that what was once considered hype around this sector’s potential to transform re/insurance will now become a reality. 11 September 2017
Insurance
The Florida homeowners’ market which may be hit by Hurricane Irma on Sunday Sept. 10 is dominated by smaller, more regional insurers, according to research firm CreditSights. 8 September 2017
Insurance
Investors fear that a major hurricane hitting Miami area could lead to around $100 billion or higher industry losses, analysts wrote in a Sept. 6 Morgan Stanley research note. 7 September 2017
Insurance
Private reinsurers should be far more exposed to a Hurricane Irma loss event than the primary insurers, according to a Sept. 5 Credit Suisse equity research note. 6 September 2017
Insurance
Reinsurance, wholesale and specialty broker Ed has been granted a commercial insurance intermediary license by the Guernsey Financial Services Commission. 6 September 2017
Insurance
Digital Partner, a unit of Munich Re, has entered into a partnership with insurtech company Drover to launch a tailor-made product for ride-sharing drivers and fleet owners. 6 September 2017
Insurance
Everest Insurance has appointed Debbie Weiser as the new leader of excess casualty within Everest Specialty Casualty. 6 September 2017
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