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Insurance
Insurance-linked securities (ILS) deal volume in the first quarter of 2017 reached a new record level for first quarter global issuances, according to the latest Bermuda ILS Market Report. 31 May 2017
News
General Insurance Corporation of India (GIC Re), the national reinsurer, has achieved a growth in premium income of 82.2 per cent during the 2016-17 financial year. 30 May 2017
Insurance
Volante Global, a new multi-class and multi-territory international managing general agent (MGA) platform, has hired executives from QBE and Barbican to boost its leadership team. 25 January 2018
Insurance
Swiss Re's Global Business Solutions unit in India has signed a memorandum of understanding (MoU) with country’s National Insurance Academy (NIA), to collaborate as a technical partner on its academic activities and programmes. 25 January 2018
Insurance
Specialty insurer Brit has appointed former Axis Capital executive Tim Chesson as senior vice president, programmes in the US. 6 February 2017
Insurance
US-based property/casualty insurer The Hanover Insurance Group has appointed Bryan Salvatore as executive vice president and president of specialty. 26 May 2017
Insurance
The US Federal Emergency Management Agency (FEMA) is submitting a claim to recover the full $1.042 billion in reinsurance coverage under its 2017 Reinsurance Program. 6 December 2017
News
Acappella Syndicate 2014 has promoted Jim Quinn to the new role of head of the reinsurance division, and Matthew Bellamy to the position of head of property reinsurance. 27 March 2017
Insurance
Losses resulting from Hurricane Harvey and the subsequent flooding following the event could help stabilize re/insurance rates but will unlikely be enough to trigger increases. 29 August 2017
Alternative Risk Transfer
The wide divergence in loss estimates given by the risk modelling community in the aftermath of the US hurricanes could prompt more re/insurers to invest in their own analytical capabilities and get a better handle on their data. 16 October 2017
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