News
Insurance
Managing general agents (MGAs) have traditionally received their capacity from insurers but are now increasingly taking advantage of alternative capacity providers, MGAA chairman Charles Manchester suggested in conversation with Intelligent Insurer. 11 July 2018
Insurance
Digital all-round insurer ONE and Munich Re have created a joint venture called ONE Coach which will enable customers to monitor in real time how their individual lifestyle choices affect their risk assessment score, according to a company statement. 28 June 2018
Insurance
Validus Specialty, a subsidiary of Bermuda-based re/insurer Validus Holdings, has appointed Bob Eells as senior vice president and chief operating officer. He joins the company from XL Catlin. 28 June 2018
Alternative Risk Transfer
Bermuda domiciled Limestone Re has issued $278 million of notes to investors in a private placement transaction that provides collateralised reinsurance for Liberty Mutual’s US property catastrophe programme, as well as US homeowners and global property reinsurance risks. 28 June 2018
Insurance
Insurance broker Lockton has appointed Jerry Ridge as global head of marine and energy reinsurance. 28 June 2018
Alternative Risk Transfer
According to the latest report on the state of the global ILS market from the Bermuda Monetary Authority, 2017 was an excellent year—but with a few caveats. 28 June 2018
News
The Singapore Reinsurers’ Association (SRA) has re-elected Marc Haushofer, chief executive officer Asia Pacific & EVP of Validus Reinsurance Company, as its chairman for another term. 25 June 2018
Insurance
US insurtech firm Lemonade grew the business by 1,000 percent year on year in the first six months of 2018 but now wants to reduce the growth pace and address its loss ratio, which doesn’t work well, as the company’s co-founder Shai Wininger wrote in a blog. 21 June 2018
Insurance
Specialist and corporate insurer Tokio Marine Kiln (TMK) is in the process of reshaping its accident & health (A&H) department so that it aligns more effectively with the company's longer-term strategic direction. 21 June 2018
Insurance
The growing level of connectivity in the world as more and more devices join the internet of things will pose a challenge for the insurance industry, according to Wolfram Schultz, global practice group leader, liability heavy industries and manufacturing at Allianz Global Corporate & Specialty. 21 June 2018
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