News
Insurance
Rising interest rates won’t, on their own, improve reinsurers’ operational earnings, and that they will is a common myth that needs to be dispelled—or at least better understood—by the industry, Stuart Shipperlee, head of analysis at Litmus Analysis, told Baden-Baden Today. 22 October 2018
Alternative Risk Transfer
Parametric cat bonds can help the countries of South Eastern Europe, Central Asia, the Caucasus, and the Commonwealth of Independent States as well as Turkey (ECIS) close the protection gap associated with natural catastrophe risk, Kirill Savrassov, chief executive officer of Phoenix CRetro, a niche Bermudian ILS specialist, told Baden-Baden Today. 22 October 2018
Insurance
Executives should review their directors’ & officers’ (D&O) coverage and its triggers earlier if they suspect something is going wrong in a company and they know it’s just a matter of time before a regulator gets involved. 15 June 2017
Insurance
Following the completion of its acquisition of Ironshore, property/casualty insurer Liberty Mutual has combined its existing Liberty International Underwriters (LIU) US business and Ironshore’s US specialty lines business under the Ironshore brand. 3 May 2017
Insurance
Andy Briggs, chief executive officer (CEO) of Aviva UK Life and chairman of Aviva Global Life, has been nominated by the Association of British Insurers (ABI) Board to become its next chairman. 8 June 2016
Insurance
Argo International, the Lloyd’s insurer and member of Argo Group, has appointed George Doughty as class underwriter for its new political risk & trade credit offering. 16 September 2013
Insurance
Tokio Marine Kiln (TMK), a provider of specialist and corporate insurance, has appointed Mike Crabtree as a product recall underwriter in its London office, and Tom Yarrow as a property underwriter in its Singapore office. 25 April 2016
Insurance
Bermuda-based insurance group Enstar has finally launched a long-awaited total return reinsurer – thanks to a significant investment from Chinese investment company Hillhouse Capital Management, which bought a 9.9 percent stake in Enstar in September this year. 16 December 2016
Insurance
AM Best believes the Saudi insurance market has turned the corner following a period of underwriting volatility. 16 February 2017
Insurance
Sapiens International, a global provider of software solutions for the insurance industry, has acquired StoneRiver for an all-cash deal of $102 million to expand its footprint in the US property/casualty (P&C) market. 16 February 2017
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