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Insurance
Sergio Balbinot has extended his mandate as president of Insurance Europe for another year, at the unanimous request of members. 12 June 2014
Insurance
Pardus, the London-based independent managing general agent (MGA), has launched a facultative reinsurance facility for North American property interests. The division will be led by market veteran Andy Billinge and backed by Lloyd’s security. 13 October 2015
Insurance
American International Group (AIG) could potentially free up between $2 and $5 billion capital through the legacy portfolio transferred to DSA Re, a wholly-owned Bermuda-based reinsurer formed in February, 2018, according to Morgan Stanley research. 18 July 2018
Insurance
Specialist re/insurance broker THB has hired a senior broker from Ed Broking. Matthew Gould will join THB's aviation team, reporting to division director Tom Thompson. 5 September 2018
Insurance
New York-based Oscar Health, a technology-focused health insurance company, has secured $165 million to fuel its next phase of growth. 4 April 2018
Insurance
Ratings agency AM Best has highlighted concerns about further amendments being proposed to the International Accounting Standard, IFRS 17, which seeks to reflect market values in the published financial statements of insurers. 16 September 2019
Insurance
As cedants grapple with a shrinking pool of available (and affordable) property-catastrophe capacity from traditional reinsurers, the importance of finding innovative ways to transfer that risk in other ways, such as into the capital markets, has become crucial as buyers plan their renewal. 12 September 2022
Insurance
The insured property losses caused by extratropical cyclone Herwart that affected Austria and Germany in October are estimated to be at €252 million, according to data provider PERILS. 11 December 2017
Insurance
Creating new coverages will be crucial to the reinsurance sector’s long-term relevance. 16 September 2020
Risk Management
Recent events from the COVID-19 pandemic to climate change and cyber risks have elevated the importance of risk management within corporations. FERMA president Dirk Wegener outlines the way forward. 15 November 2021
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