News
Alternative Risk Transfer
The spate of heavy losses in 2017 and 2018, compounded by ‘loss creep’ as some funds struggled to post accurate loss estimates, seems to have made ILS investors pause for thought, with many being much more circumspect as to where to place their money. Intelligent Insurer investigates. 13 February 2019
Insurance
AM Best has assigned a Financial Strength Rating (FSR) of B (Fair) and a Long-Term Issuer Credit Rating (Long-Term ICR) of “bb+” to UK-based Folgate Insurance Company. The outlook assigned to these Credit Ratings (ratings) is stable. 22 November 2018
Insurance
Technology will be the key to making the insurance industry more accessible—but the pace of innovation must also match the opportunity and demand, Gerry Tighe, head of treaty, Matrix Insurance & Reinsurance Brokers, told Monte Carlo Today. 9 September 2018
Insurance
General insurer Insurance Australia Group (IAG) has appointed Peter Harmer as chief executive of IAG labs, with responsibility for driving digital and innovation across IAG and its brands. 31 July 2015
Insurance
Insurers are guilty of spending too much time navel-gazing rather than thinking about customers. This, argues Stuart Sutherland, Liberty Specialty Markets’ head of casualty, has to change. 3 June 2019
Insurance
AM Best has placed a negative market segment outlook on Brazil’s reinsurance market, citing persistent macroeconomic and political uncertainty; a declining interest rate environment, which has led to lower investment income; foreign exchange fluctuations; and evolving reinsurance market conditions. 13 December 2018
Insurance
Re/insurer QBE Australia and New Zealand has appointed Craig Mauger to the position of regional manager, Northern Region Broker Distribution. 29 November 2017
Insurance
Fitch Ratings said July 7 that it has placed Gibraltar-based Elite Insurance Company’s Insurer Financial Strength (IFS) rating of 'BBB-' on Rating Watch Negative (RWN). 10 July 2017
Risk Management
COVID-19 is making organisations take a closer look at their risk management programmes. Speaking at Airmic Fest last week, Bradley Saunders, industry risk leader, Marsh Advisory, outlined the process for improvement. 30 September 2020
Insurance
Endurance Specialty Holdings, the Bermuda-based specialty re/insurer, has appointed Giles Quartly as senior vice president and head of international casualty insurance. 3 March 2016
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