News

Alternative Risk Transfer

ILS and the effects of the COVID-19 crisis

The impact of the COVID-19 virus on the global economy has been profound. Greg Wojciechowski of the Bermuda Stock Exchange and the ILS Bermuda Thought Leadership team share their thoughts about the impact it has had, and is likely to have going forward, on the ILS business.   27 March 2020

Insurance

Ironshore unit expands OCIL partnership to underwrite property risks

Ironshore subsidiary and managing general agent (MGA) Iron-Starr Excess Agency has expanded its partnership with Oil Casualty Insurance (OCIL) to underwrite property lines.   7 March 2018

Insurance

Castel makes Weald Risk a standalone business

Castel Underwriting Agencies, a managing general agent (MGA) formation platform, has promoted Weald Risk Partners from a division within the Castel Specialty portfolio to a standalone underwriting cell.   23 April 2018

Insurance

Reinsurance MGA, marine specialist form joint venture

Belgium-based reinsurance managing general agency (MGA) FourteenZeroFive and marine group 24Vision.Solutions formed a joint venture to facilitate the take up of reinsurance for engineering and energy placements across Africa.   15 May 2018

Insurance

Aon launches Asia Pacific capital advisory unit under Seewon Oh

Asia Pacific re/insurers are experiencing low growth, underwriting margins and investment income, says Aon's Moore.   18 November 2020

Insurance

Mindtree and Duck Creek Collaborate with UPC Insurance on digital initiative

UPC Insurance aims to provide an enhanced customer experience through SaaS-based core systems and its new InsurTech company, Skyway Technologies.   26 April 2021

Insurance

Nexus Specialty hires ex-Chubb/AIG to lead claims unit

The executive has managed high value complex claims at both Chubb and AIG during his 40-year insurance career.   6 May 2020

Insurance

Willis unveils CARES Act optimisation programme

The product is designed to help companies create stimulus through the Coronavirus Aid, Relief, and Economic Security Act.   26 August 2020

Insurance

R&Q writes $70m adverse development cover

Randall & Quilter Investment Holdings (R&Q) has issued adverse development reinsurance covering medical professional liability and general liability risks providing $70 million of coverage to a US domiciled Risk Retention Group (RRG).   12 March 2018

Insurance

Golfer Rory McIlroy partners with eBay founder to invest in insurtech Kin

A Florida resident, McIlroy said he has seen the devastation that severe weather can have.   4 June 2021

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