News

Insurance

Sompo to enter cyber security market in 2018; will seek new partners

Sompo Holdings plans to enter the cyber security business from January 2018, and is setting up new business units to strengthen its functions.   29 November 2017

Insurance

Arch provides capacity to new insurtech MGA C-Quence

New insurtech managing general agent (MGA) C-Quence has secured underwriting capacity from Arch Insurance Company (Europe).   31 July 2018

Alternative Risk Transfer

Arch secures $375m ILS reinsurance for mortgage risk

Arch Capital Group’s US mortgage insurance operation Arch Mortgage Insurance Company (Arch MI) secured $374,460,000 of indemnity reinsurance from Bellemeade Re 2018-1, a special purpose insurer.   19 April 2018

Insurance

Prior year cat losses hit Everest Re in Q2

Bermuda-based Everest Re reported a sharp drop in earnings for the second quarter of 2018 compared to the previous year primarily driven by the 2017 hurricane events – Harvey, Irma and Maria.   31 July 2018

Insurance

Helios secures stop loss reinsurance cover

Helios Underwriting, which provides investors with a limited liability direct investment into the Lloyd's insurance market, has secured stop loss reinsurance cover for the 2014 year of account.   14 July 2014

Insurance

Reinsurance innovation will help enable sustainable growth

Reinsurers are gradually changing their market strategy, which will support the sector’s long-term sustainability, Andrew Wu, board director at Dagong Europe Credit Rating, told Baden-Baden Today.   23 October 2017

Insurance

Reinsurtech set to transform the industry

Reinsurance technology, dubbed reinsurtech, such as blockchain has the capacity to significantly change how the traditional reinsurance market operates.   23 October 2017

Insurance

In Baden-Baden to negotiate—and drink beer

Negotiations at this year’s Baden-Baden reinsurance conference might be much more lively than in previous years as cedants, reinsurers and brokers attempt to make sense of the impact of hurricanes Harvey, Irma and Maria and how they should respond when it comes to rates.   23 October 2017

Insurance

CNA Hardy gets Malaysia licence for Asia expansion

Specialist commercial insurer CNA Hardy has gained authorisation to set up operations in Labuan, Malaysia, expanding its presence in Asia.   18 April 2018

News

MS Amlin joins Flood Re scheme

Specialty insurer MS Amlin has joined Flood Re, the UK Government-backed scheme that covers severe flooding.   15 February 2017

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