News
Insurance
Specialist insurer Hiscox has developed a new insurance cover for ships seized by a foreign government, in response to what it sees as a growing threat amid heightened political tension globally. 24 July 2019
Insurance
Shares in several insurers in Asia have slumped on the back of Typhoon Mangkhut causing devastation in Hong Kong and Southern China. 17 September 2018
Insurance
India's strong economy and evolving regulatory regime continue to support growth for its insurance and reinsurance sectors, according to a new report by Moody's Investors Service. 22 January 2019
Alternative Risk Transfer
Generali has said the success of its recent catastrophe bond shows that investors appreciate the company’s recent moves to streamline its balance sheet and ensure long-term profitability. The bond also provides it with more flexibility and diversity of capital, the Italian insurer said. 29 April 2014
Insurance
Cayman Islands-based specialist property and casualty reinsurer Greenlight Capital Re's (Greenlight Re's) chief operating officer (COO) Michael Belfatti is stepping down from his position as of Sept. 1, 2018. 23 July 2018
Insurance
Hurricane Michael made landfall as a Category 4 hurricane along the Florida Panhandle coast yesterday (Oct. 10) and is expected to have caused damage from wind and storm surge in the range of $2 billion to $4.5 billion, according to CoreLogic estimates. 11 October 2018
Alternative Risk Transfer
Specialist insurer Hiscox has appointed Liz Breeze as the new chief financial officer (CFO) of its reinsurance and alternative capital business Hiscox Re & ILS, based in Bermuda. 11 October 2018
Insurance
Specialty insurance group Tokio Marine HCC has hired senior Chubb and Euler Hermes executives to expand its international surety capabilities into Continental Europe. The company believes the region has experienced high demand and an increase in capacity providers in the last five years. 18 July 2019
Insurance
Lloyd’s of London should spend more time focusing on the US and less time trying to grow in fast-emerging economies, Andrew Brooks, incoming chair of the Lloyd’s Market Association, according to the Financial Times. 14 January 2019
Insurance
Enstar Group-owned Lloyd’s managing agency, StarStone Underwriting has finalised a reinsurance-to-close transaction with Neon Underwriting, according to a Feb. 16 press release. 19 February 2018
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