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Twelve Capital to focus on own ILS funds in Europe following 'strong investor demand'
Alternative Risk Transfer
Twelve Capital, an independent investment manager specialising in insurance with approximately $4 billion in assets under management, is expanding its product range for insurance-linked securities (ILS) investors, including cat bonds, collateralised reinsurance and multi-asset offering, across its target markets in Europe.   19 June 2019
Markel taps Hamilton's Brenton Slade to build new ILS fund Lodgepine
Alternative Risk Transfer
Markel Corporation has hired Hamilton's Brenton Slade as president of Lodgepine Capital Management, its new retrocessional insurance linked securities (ILS) fund based in Bermuda.   19 September 2019
Insurtech Concirrus partners with Marsh JLT and Willis Re on new AI-powered marine cargo solution
Insurance
London-based insurtech Concirrus has launched a new artificial intelligence-powered cargo data analytics solution in partnership with brokers Marsh JLT Specialty and Willis Re Specialty. The company claims it has the potential to "revolutionise" the way cargo insurance is priced, selected and managed in the industry.   16 September 2019
Insurance
Re/insurance broker Aon has appointed Richard Jones as executive chairman of its reinsurance solutions business in Asia.   21 November 2018
Insurance
Bermuda-based AXIS Insurance, a unit of AXIS Capital Holdings has hired Andrew Maher as senior cyber underwriter, effective immediately.   13 December 2018
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
Alternative Risk Transfer
French reinsurer SCOR has returned to the London market for its latest $250 million catastrophe bond to protect itself against losses from named storms and earthquakes in the US and Canada, and windstorms in Europe.   3 June 2019
Insurance
AIG CEO Duperreault says the impact of COVID-19 will result in a material reduction of our long-term return profile.   5 May 2020
Insurance
Australian insurer Suncorp's chief executive officer (CEO) and managing director Michael Cameron has stepped down immediately after almost four years in the role and seven years as a board member.   28 May 2019
Insurance
But further pricing improvement is needed in many lines, its CEO says.   13 February 2020

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