News
Alternative Risk Transfer
Insurance-linked securities (ILS) are expanding into new perils following investors’ appetite, and London might benefit from this growth potential following the introduction of a new regulatory framework, Jean-Louis Monnier, Swiss Re Capital Markets global co-head of ILS, told Monte Carlo Today. 9 September 2018
Insurance
Some lines of business hit by severe losses such as the wildfires this year have already seen substantial rate increases—but this is the exception rather than the rule, Adam Szakmary, director of underwriting, Bermuda, at Hiscox Re & ILS, told Monte Carlo Today. 9 September 2018
Insurance
Reinsurance broker and consultant JLT Re has hired Stephen Balderston to join its credit and political risk team as a partner, based in London office. 11 September 2017
Insurance
Parametrics, a specialist form of re/insurance used in catastrophe bonds, could become more prevalent in the commercial sector, enabling risk managers to address limitations in traditional insurance. 12 June 2018
Insurance
US personal lines insurer Allstate Corporation said June 15 that it estimates catastrophe losses for the month of May 2017 at pre-tax $403 million and $262 million after-tax, driven by a severe hail event in Colorado. 16 June 2017
Insurance
Specialty insurance group Tokio Marine HCC is acquiring Thurmaston-based Qdos Contractor, a provider of insurance products and services to the UK independent contractor and freelancer market via an online digital delivery platform. 11 June 2018
Insurance
Global Risk Partners (GRP) has backed marine broker Ropner in its completion of a management buyout (MBO). 5 February 2015
Insurance
InsurePal, a new peer-to-peer insurer raised £15 million ($18 million) in an Initial Coin Offering (ICO) to fund its UK motor launch in the first half of 2018. 17 January 2018
Insurance
The supervisory board of Dutch insurer NN Group has reappointed Lard Friese as chief executive officer (CEO) for another four-year term. He will also be reinstated as the chairman of group's executive board. 15 March 2017
News
Munich Re reclaimed the No. 1 position from Swiss Re in AM Best’s 2018 annual ranking of the Top 50 Global Reinsurance groups. 5 September 2018
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