News
Insurance
Bermuda-based Fidelis Insurance is replacing its chief underwriting officer and Bermuda CEO Ben Savill who will “leave to pursue other opportunities”. 14 September 2018
Insurance
The bilateral “covered agreement” between the US and EU provides regulatory clarity and reduces the regulatory burden for US and EU reinsurers operating in each other’s markets, according to AM Best. 23 October 2017
Insurance
Reinsurers are preparing to expand their nat cat exposure at the upcoming January renewals as historically high nat cat losses in the third quarter boost rates. 23 October 2017
Insurance
Specialty re/insurer Brit has appointed Stephen Quinton to the role of class underwriter, kidnap and ransom (K&R), effective as of Sept. 3. He joins Brit from Travelers Syndicate Management. 23 July 2018
Insurance
Hampden Underwriting, which provides direct investment into the Lloyd's Market, has changed its name to Helios Underwriting. 27 January 2014
Insurance
California-based TicketGuardian, an insurtech firm providing technology solutions for its wholly-owned insurance subsidiary, FanShield, has raised $8 million Series A funding led by American Family Ventures and IA Capital Group. 20 December 2018
Insurance
Marine insurer Skuld has appointed David Munro in the new role of risk manager for Skuld’s Syndicate 1897 at Lloyd’s. 1 December 2014
Insurance
The use of blockchain is already having a very positive effect on many parts of the industry, but cryptocurrencies must stabilise and solve challenges around privacy before they can play any meaningful role, David Edwards, CEO of ChainThat, told Monte Carlo Today. 12 September 2018
Insurance
Crosswinds, a private equity firm focused on insurance, is planning to distribute all of its available capital to shareholders and dissolve the company, including its wholly-owned subsidiary Crosswinds Re. 25 June 2018
Insurance
Specialty re/insurer Brit experienced an overall rate reduction of 1.3 percent in 2017, following a 3.3 percent reduction in 2016. 16 February 2018
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