News
Insurance
UK-based insurance broker Ardonagh Group which includes has reduced its loss in the nine months ending September 2018 compared to the previous year. 29 November 2018
Insurance
Specialty re/insurer Brit has hired Hiscox and The Hartford executives to bolster its Brit Global Specialty USA (BGSU) professional liability team. 29 May 2018
Insurance
Hurricane Florence will cause $30-60 billion in economic impact and damage, according to estimates by commercial weather forecasting services provider AccuWeather. 14 September 2018
Alternative Risk Transfer
January 1 retro and European reinsurance purchasing tend to be a good indicator of what ILS market activity will look like for the rest of the year. If that trend continues, 2020 is set to be a busy year for ILS, perhaps even rivalling 2017, says Brad Livingston of Willis Re Securities. 27 February 2020
Insurance
Bermuda-based Everest Re Group has launched a new transportation and logistics business segment within Everest Insurance, led by Jeff Engelbrecht. 25 June 2018
Insurance
Last year was the fourth costliest year for nat cat losses, yet the ILS market enticed 12 new sponsors and saw investors pivot from collateralised reinsurance to catastrophe bonds, says Judy Klugman of Swiss Re. 1 April 2022
News
Sciemus, a provider of modelling and analytics to the global insurance markets, has appointed a new board of directors and chief executive officer. 29 March 2016
Insurance
Global Risk Partners (GRP), an insurance broking and managing general agent investment vehicle, has funded the acquisition of Northern Ireland-based commercial and personal lines broker McGrady by Abbey Bond Lovis (ABL). 4 May 2016
Insurance
Boston-based insurtech Corvus has raised $10 million Series A investment led by venture capital firm .406 Ventures and Hudson Structured Capital Management, with participation from Bain Capital Ventures. 27 November 2018
Insurance
Some executives running managing general agents (MGAs) should be prepared for the potential effect on their own businesses of losses from the series of hurricanes that have hit the US and the Caribbean—even if they have no direct exposure to the area. 10 September 2017
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