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The General Insurance Stress Test (GIST) conducted by the UK’s Prudential Regulation Authority (PRA) suggested weaknesses in the natural catastrophe modelling of insurers. 11 December 2017
News
On-demand insurer for the gig and sharing economy Tapoly is in talks with investors to raise £0.5 million and allow the UK-based insurtech firm to leverage the potential of artificial intelligence, CEO Janthana Kaenprakhamroy tells Intelligent Insurer. 7 August 2018
Insurance
Bermuda-based holding company Ascot Group (AGL) has appointed former RenaissanceRe CEO Neill Currie as its executive chairman. 28 June 2017
Insurance
The Ardonagh Group, the new insurance intermediary that brings together Autonet, Chase Templeton, Direct Group, Price Forbes and Towergate has improved its profitability in the first six months of 2017. 21 September 2017
Alternative Risk Transfer
There has been a ‘double flight to quality’ by investors in insurance-linked securities (ILS) funds as a reaction to the losses of 2017 and specifically the inability of some ILS funds to get a handle on the extent of their exposure to the losses, Jutta Kath, chief operating officer, Secquaero Advisors, told PCI Today. 30 October 2018
Alternative Risk Transfer
The insurance-linked securities (ILS) market is largely in a good place but the market must accept that there is nothing ‘alternative’ about ILS any more—it’s here to stay, and a part of the furniture, Mark Hvidsten, deputy chairman at Willis Re, told PCI Today. 30 October 2018
Insurance
PartnerRe wants to become a top five global reinsurer by doing what it does best—being a pure-play reinsurer and working closely with clients, Richard Sanford, president of PartnerRe, told PCI Today. 30 October 2018
Insurance
The market remains tough for reinsurers, with rate increases well below what was forecast 12 months ago as an abundance of capacity maintains pressure on the market, Paul Ludwig, senior vice president and client executive of the reinsurance division of Munich Re America, told PCI Today. 30 October 2018
Insurance
Aon Benfield, the global reinsurance intermediary and capital advisor of Aon, has unveiled a new management structure for its Bermuda team that includes new hires and expanded roles. 20 March 2018
Insurance
Jardine Lloyd Thompson Group (JLT) posted strong results for 2013 but also warned that the environment in which it is operating is becoming increasingly challenging. 4 March 2014
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