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Alternative Risk Transfer
Catastrophe bond issuance dropped to $7.4 billion in the first half of 2018 from $8.8 billion issued in the first half of last year as activity in North America halved, according to the PCS H1 2018 Catastrophe Bond Report. 11 July 2018
Insurance
Allied Insurance Brokers has appointed Tres Whitlock as its new president. 11 July 2018
Insurance
Novae Group (Novae), a specialist listed Lloyd’s insurer, has appointed Richard Bridges as unit head and Ross Deering as class underwriter for hull and war for its expanding marine team. 24 May 2016
Insurance
Re/insurer AXA XL has added Jennifer Arezes as new senior underwriter to its property insurance team in Canada. 13 August 2019
Insurance
Cincinnati Financial Corporation has expanded its board of directors to 15 with the appointment of Jill Meyer as an independent director and a member of its audit committee. 13 August 2019
Insurance
Asta, a third party managing agent at Lloyd’s, has appointed Kalpana Shah as an independent non-executive director, effective October 1. 27 September 2016
Insurance
Liberty Specialty Markets (LSM), part of Liberty Mutual Insurance, is transferring European retail renewal rights from Ironshore Europe to Liberty Specialty Markets. 10 July 2018
Insurance
New York-based Kingstone Companies, a multi-line regional property and casualty insurance holding company has increased its reinsurance coveraged for the treaty year beginning July 1, 2018. 10 July 2018
Insurance
RT Specialty, a wholesale brokerage unit of Ryan Specialty Group, has hired industry veteran Jonathan Legge as a senior vice president of its RT ProExec division. 10 July 2018
Insurance
Pricing across the risk transfer market continues to resemble a U-curve, with primary rates increasing, retrocessional rates increasing—but reinsurance pricing remaining stubbornly flat with only loss-hit accounts experiencing any meaningful rate hikes. 21 October 2019
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