News
Insurance
Insured losses from the magnitude 7.0 earthquake that struck Alaska on Nov. 30, 2018 are likely to be limited by a low earthquake insurance take-up rate (about 9-12 percent for homeowners and higher for businesses) and high deductibles (10-20 percent of policy limit), according to Morgan Stanley Research. 4 December 2018
Insurance
The re/insurance industry is in a much worse position than its bosses will admit and many carriers will be cashflow negative by the end of 2019, industry veteran Stephen Catlin has warned, in an explosive interview in which he stressed that any executive running a public company could not risk highlighting this reality to investors. 10 September 2018
Insurance
Given some of the headlines and predictions of big rate hikes in the aftermath of the 2017 cat losses in the US, most buyers will be pleased with what remains a relatively stable environment for rates as they head to Monte Carlo, Mark O’Riordan, group reinsurance director at Ecclesiastical, told Monte Carlo Today. 9 September 2018
Insurance
The growth of Hamilton Insurance Group since its formation in late 2013 has been much faster than Brian Duperreault, the company’s chief executive, could have imagined, he told Monte Carlo Today. But dislocation in the market caused by consolidation means new opportunities for the firm—and he won’t rule out hitting the acquisition trail himself. 14 September 2015
Insurance
Over 500 cyber professionals attended the Cyber Insurance Awards Europe 2026. 5 February 2026
News
Ironshore International has acquired the reinsurance renewal rights to Novae Group’s global agriculture reinsurance portfolio. The transfer is conditional on Lloyd’s approval and is expected to be completed in November 2015. 25 October 2015
Insurance
Hurricane Michael made landfall as a Category 4 hurricane along the Florida Panhandle coast yesterday (Oct. 10) and is expected to have caused damage from wind and storm surge in the range of $2 billion to $4.5 billion, according to CoreLogic estimates. 11 October 2018
Alternative Risk Transfer
Specialist insurer Hiscox has appointed Liz Breeze as the new chief financial officer (CFO) of its reinsurance and alternative capital business Hiscox Re & ILS, based in Bermuda. 11 October 2018
Insurance
Allianz Group’s specialist corporate insurer Allianz Global Corporate & Specialty (AGCS) has teamed up with Silicon Valley-based software company Zeguro. 5 October 2017
Insurance
Solid economic growth, an array of prospects and its low exposure to natural perils is encouraging a slew of re/insurers to flock to the region. As business continues to boom, Intelligent Insurer takes a look at the companies entering the market. 17 December 2014
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