News

Alternative Risk Transfer

AXA XL snaps up 100% ownership of New Ocean Capital Management

Bermuda-based AXA XL's reinsurance operation has completed the acquisition of all third party ownership interests in New Ocean Capital Management, its majority-owned asset management affiliate.   20 November 2018

Insurance

MSIG at Lloyd’s boosts consortium capacity

The MSIG-led excess D&O consortium at Lloyd’s is set to provide an increased line size in 2015 of $75 million, representing a capacity increase of $13 million.   5 January 2015

Insurance

Florida regulatory reforms fall short: APCIA panel agrees

Participants suggested that further changes could be in the pipeline as regulators and politicians acknowledge the scale of the problem.   4 October 2022

Insurance

AFL Insurance Brokers names Bines as new UK CEO; plans expansion in North America

Lloyd's broker AFL Insurance Brokers has appointed Jonathan Bines as the new chief executive officer (CEO) of UK, and unveiled its plans to expand business in North America.   13 May 2019

Insurance

GIC Re to raise up to $1.7bn in IPO as it seeks international expansion

State-owned General Insurance Corp of India’s (GIC Re) is expected to raise 113.7 billion rupees ($1.7 billion) in an initial public offering to run from Oct. 11. and Oct. 13, 2017 as it plans to grow internationally.   5 October 2017

News

Global cyber attacks underinsured to tune of $166bn, finds report

A severe global ransomware attack could cost as much as $193bn and affect more than 600,000 businesses worldwide, yet only 14 percent of this cost is insured, research has revealed.   30 January 2019

Insurance

Why hybrid fronting can help MGAs thrive

US MGAs are being pressured from all sides, but innovative hybrid fronting models can help ease pressures on underwriters and attract high quality reinsurance capacity at the same time, says Shevawn Barder, CEO of AM Specialty Insurance Company.   27 March 2023

Insurance

Hamilton lures Barbican exec into professional indemnity role

Hamilton Underwriting, the managing agency of Lloyd’s Syndicate 3334 and the Lloyd’s operations of Hamilton Insurance Group, has appointed Daniel Prince as head of professional indemnity.   13 April 2016

Insurance

Amwins Global Risks hires ex-Aon as director of casualty

The executive most recently held the position of US casualty underwriter at a Lloyd's insurer.   30 November 2021

Insurance

Ardonagh boosts presence in Portugal, Brazil, Africa with €200m MDS acquisition

Headquartered in Portugal, MDS is also the largest independent broker in Brazil.   24 December 2021

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