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Sompo International expands global risk control function
Insurance
Bermuda-based specialty property and casualty re/insurer Sompo International has launched a global risk control services function within its insurance business.   2 October 2018
Aon launches Americas capital advisory services, appoints head
Insurance
Aon has launched its Americas capital advisory team to help re/insurers identify and deliver balance sheet solutions that reduce volatility and increase profitability.   1 October 2018
Typhoon Trami hits Japan
Insurance
Typhoon Trami left almost 400,000 households without power, brought down trees onto railroad tracks and kicked up debris across Tokyo as it brushed past the Japanese capital early on Monday, Oct. 1, Reuters reported.   1 October 2018
Alternative Risk Transfer
The global ILS market is looking increasingly healthy, as a wide range of industry experts told Intelligent ILS at this year’s Monte Carlo Rendez-vous.   28 September 2018
Insurance
RSA’s UK and London market business made an underwriting loss of around £70 million with a combined ratio of around 110 percent in the third quarter of 2018.   28 September 2018
Insurance
French mutual insurance company Covéa, whose €8.2 billion bid for SCOR was rejected earlier in September, said it was still seeking a friendly takeover of the reinsurer and that its CEO will withdraw from the SCOR board until the reinsurer’s annual shareholders’ meeting in 2019.   27 September 2018
Insurance
A trend to a gradual rise in global interest rates which may be starting to take hold is credit positive for the profitability of insurers, Moody’s said in a research note.   27 September 2018
News
Munich Reinsurance America (Munich Re) has developed a new cyber reinsurance solution for regional property/casualty insurance carriers seeking to provide cyber coverage to their small and medium-size enterprise (SME) clients.   27 September 2018
Insurance
ZhongAn International, a subsidiary of China's first internet-based insurer ZhongAn Online P&C Insurance, has entered into a technology deal with Japanese re/insurer Sompo Japan Nipponkoa.   27 September 2018
Insurance
Protectionism is on the rise and could result in a global recession if current actions morph into a fully-fledged trade war, Swiss Re has warned. A longer-term decline in trade will hit marine and trade credit insurance premium growth hardest, the reinsurer noted in a report titled “Protectionism on the rise, and here to stay”.   27 September 2018

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