News

Alternative Risk Transfer

ILS investors in double flight to quality post-loss creep

There has been a ‘double flight to quality’ by investors in insurance-linked securities (ILS) funds as a reaction to the losses of 2017 and specifically the inability of some ILS funds to get a handle on the extent of their exposure to the losses, Jutta Kath, chief operating officer, Secquaero Advisors, told PCI Today.   30 October 2018

Insurance

Sompo appoints trio to co-lead commercial P&C business replacing John Kuhn

Bermuda-based specialty re/insurer Sompo International Holdings has named Michael Chang, Graham Evans and Christopher Sparro to co-lead its commercial property and casualty (SI Commercial P&C) insurance business.   11 July 2019

Alternative Risk Transfer

Buyers ‘foolish to shun ILS’

The insurance-linked securities (ILS) market is largely in a good place but the market must accept that there is nothing ‘alternative’ about ILS any more—it’s here to stay, and a part of the furniture, Mark Hvidsten, deputy chairman at Willis Re, told PCI Today.   30 October 2018

Insurance

Lloyd's appoints outgoing Beazley CUO to its board

Neil Maidment, Beazley's chief underwriting officer (CUO), has been appointed as an independent non-executive director of Lloyd’s board with effect from February 2019.   9 November 2018

Insurance

New insurtech startup targets commercial property underwriting

New insurtech startup Pricing Platform has developed a new software application that it claims will transform the commercial property underwriting market.   9 November 2018

Insurance

Going global: why AmericanAg is expanding its footprint

US reinsurer AmericanAg is on a mission to grow its international broker-led portfolio. The firm’s Pat Larsen explains why—and what sets the business apart in the context of the hard market.   19 April 2021

Insurance

AIG appoints new Asia Pacific CEO from MetLife

American International Group (AIG) has appointed Sachin Shah as chief executive officer (CEO) of Asia Pacific, AIG General Insurance.   5 December 2018

Insurance

Aon appoints head of legal and technical in London

Aon has appointed Edward Smerdon as head of legal and technical within the Financial and Professional Services division of its London-based Global Broking Centre (GBC).   9 January 2018

Insurance

Identity theft coverage could evolve into standalone personal cyber insurance

‘Accurately analysing the profitability of identity theft insurance can be difficult.’   15 November 2019

Insurance

Fitch: Rising US P/C Insurance premiums unlikely to lead to hard market

Competitive forces and less favourable claim trends prevent hardening   15 November 2019

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