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Insurance
At the start of 2017 Premia Holdings, a company dedicated to the run-off market, was founded on Bermuda with $500 million of capital—a deal that represented one of the biggest capital raisings in the sector. In an interview first published in sister publication Bermuda:Re+ILS, CEO Bill O’Farrell explains why he expects fast growth in the run-off sector. 10 May 2017
Insurance
Eos Venture Partners, a specialist venture capital investor, is launching a new $100 million fund targeting early and growth stage insurtech ventures, which will allow insurers to invest in the insurtech sector indirectly and gain access to potentially transformative technology, Intelligent Insurer can reveal. 11 April 2018
Insurance
Specialty property/casualty insurer AmTrust Financial Services said on Oct. 3 that it expects net losses for the third quarter of 2017 from natural catastrophes of between $40 million and $65 million. 4 October 2017
News
Insurance is not known for being at the forefront of innovation. By and large, customers are buying the same types of covers from the same carriers in the same way as they were 20 years ago, says Anthony Bice, partner and head of EMEA Insurance, Oliver Wyman. 1 October 2018
Insurance
The 2017 hurricanes Harvey, Irma and Maria (HIM) led to recorded estimated losses of $31.2 billion net of reinsurance costs for Bermuda re/insurers, according to the Bermuda Monetary Authority (BMA). 22 November 2017
Insurance
Loss adjusting business Charles Taylor Adjusting (CTA) has appointed Vince Cole as US CEO and regional head, also joining the company's senior management team. 27 January 2017
Insurance
Good technical underwriting will win out in Latin America despite continuing pressure on the market to write more competitive terms and conditions. That is the view of Santiago Jaramillo, deputy general manager and engineering portfolio manager for Helvetia. 26 October 2015
Insurance
Insurer Torus has partnered with London Aviation Underwriters (LAU) to write aviation insurance throughout the US. 5 May 2015
Insurance
Specialist Lloyd’s insurer Novae Group has hired Sarah Cracroft as marine trades underwriting manager. She will report to marine class underwriter Paul Hartley. 19 June 2017
Insurance
Following a management buyout backed by Kester Capital, niche insurance distributor CETA Insurance is facing a management shake-up. 2 October 2017
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