News
Insurance
Swiss Re Corporate Solutions, the commercial insurance arm of Swiss Re Group, has appointed Katie McGrath as head of accident & health North America, succeeding Mike Kemp who announced his retirement earlier this year. 24 May 2019
Insurance
Third Point Re will own a minority stake, and provide insurance paper and capacity to the MGA. 17 September 2020
Insurance
Technology is giving a competitive edge to insurers in the form of faster claims settlements, but this must not come at the expense of a positive client experience, according to claims leaders from Beazley and LV=. 4 October 2019
Alternative Risk Transfer
Alternative capital rose by $8 billion to $89 billion in 2017 and is expected to grow further in 2018 after a strong first quarter, according to Aon Benfield’s April 2018 Reinsurance Market Outlook. 16 April 2018
Insurance
Mumenthaler says the company is reaping the benefits of strategic actions and disciplined underwriting. 29 October 2021
Insurance
The outcome of the case will provide clarity regarding business interruption claims for small business and insurers. 30 July 2020
Insurance
The Association of British Insurers (ABI) called the latest increase in the government’s Insurance Premium Tax (IPT) to 12 percent coming into effect on June 1 a continuation of the ‘raid on the responsible’. 31 May 2017
Alternative Risk Transfer
Nephila Capital, the insurance-linked securities (ILS) specialist now owned by Markel, has received regulatory approval to establish its own Lloyd’s managing agency. Nephila Syndicate Management will launch on October 11, 2019. 9 September 2019
Insurance
Rising costs from ransomware and systemic threats have changed attitudes to cyber threats over the last year, according to the ratings agency. 16 September 2021
Insurance
Berkshire Hathaway’s insurance entities posted an underwriting profit of $441 million in the third quarter of 2018, a big turnaround on the same period a year earlier when they made a loss of $1.44 billion thanks to several large cat events. 5 November 2018
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