News
Insurance
Lloyd’s is in danger of falling behind the rest of the re/insurance industry if its new chief executive officer John Neal does not get a firm grip relatively quickly, according to Gavin Coull, partner and head of reinsurance at legal firm BLM. 17 September 2018
Insurance
Insurance startup Brolly, which offers an AI-driven insurance app, is claiming on its own business insurance for the first time after its office was burgled. 14 September 2018
Insurance
Bermuda-based Fidelis Insurance is replacing its chief underwriting officer and Bermuda CEO Ben Savill who will “leave to pursue other opportunities”. 14 September 2018
Insurance
A recovery of the US excess and surplus (E&S) lines insurance market is benefitting US property & casualty (P/C) insurance companies, according to a Fitch Ratings report. 14 September 2018
Alternative Risk Transfer
The re/insurance industry should brace itself for losses of between $15 billion and $20 billion, according to the guidance of risk modelling agencies and analysts. 13 September 2018
News
Allianz is pleased with how its property-catastrophe reinsurance programme responded to the 2017 losses related to hurricanes Harvey, Irma and Maria (HIM) but it is still refining the way it covers manmade risks in its portfolio, Amer Ahmed, CEO of Allianz Re, which handles the insurer’s reinsurance buying programme, told Monte Carlo Today. 12 September 2018
Insurance
The majority of re/insurance professionals believe that the Lloyd’s profitability review will have some impact on the wider market, whether that be through the hardening of some lines or triggering more discipline, or even weakening Lloyd’s overall influence. 12 September 2018
Insurance
Tokio Millennium Re (TMR) is resilient and strong—but also nimble and ambitious, according to Brian Secrett, its chief underwriting officer. 12 September 2018
Insurance
Extraordinary Re, an insurtech company that has created a trading platform run by Nasdaq for investors to trade assets tied to insurance liabilities, is looking to roll out its offering and is launching a presence in Bermuda, according to chairman and chief executive officer Will Dove. 12 September 2018
Alternative Risk Transfer
Insurance-linked securities (ILS) capabilities are increasingly becoming a coveted asset as re/insurers aim to be able to access different forms of capital, Stephan Ruoff, CEO of Tokio Millennium Re (TMR), told Monte Carlo Today. 12 September 2018
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