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Alternative Risk Transfer
Alternative capital has reloaded after the major nat cat events in 2017 and is in good shape to compete for cedants with the traditional reinsurance players and cause further pressure on rates, as recent market reports by Aon Benfield and Fitch Ratings suggest. 25 April 2018
Insurance
Although the last 12 months have painted a very dark picture of the industry in some ways, through 2018 there has been some robust growth among re/insurance companies. 10 September 2018
Insurance
Arc Legal Assistance, a provider of legal expenses insurance, has expanded its distribution partnership with UK managing general agent (MGA) Lorega by offering a cyber recovery product. 28 June 2016
Insurance
The board of the Argo Group has described a letter by Voce Capital Management, a shareholder in the company, which heavily criticises Argo’s performance and leadership, as misleading, inaccurate and a “personal attack” on its chief executive Mark Watson III. 26 February 2019
Insurance
Zurich Insurance Group has agreed to sell its pre-2007 UK legacy employers’ liability policies portfolio to Bermuda-based specialist acquirer of legacy insurance portfolios Catalina Holdings. 17 December 2018
Insurance
Ryan Specialty Group (RSG) is acquiring certain assets of ARC Specialty Brokerage (ARC Specialty), the property/casualty (P&C) division of ARC Excess & Surplus. 30 July 2018
Insurance
Lloyd's broker AFL Insurance Brokers has appointed Jonathan Bines as the new chief executive officer (CEO) of UK, and unveiled its plans to expand business in North America. 13 May 2019
Insurance
Profits and gross written premiums (GWP) for Hannover Re Group fell in the second quarter of 2016, largely due to the performance of its property/casualty reinsurance segment, which it stressed was facing challenging market conditions. 4 August 2016
Insurance
Re/insurer AXA XL has partnered with Accenture to offer global cybersecurity expertise, including threat intelligence, risk mitigation and post breach services, to its underwriters, brokers and clients. 25 September 2019
Insurance
Insurance carriers globally could seize $375 billion in new revenue in the next five years by transforming and revitalizing their businesses, according to a new report from consultancy firm Accenture. 13 February 2018
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