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The Texas Windstorm Insurance Association (TWIA) has said it is in its best financial position since Hurricane Ike in 2008 having raised $500 million to assist in paying future catastrophic claims. 1 October 2014
Insurance
All re/insurers and brokers are grappling with the implications of an unprecedented wave of new technologies labelled ‘insurtech’ which are capable of transforming their businesses. In a webinar sponsored by Xceedance, four senior executives debated how insurers, reinsurers and brokers should respond to this barrage of change and innovation. 11 September 2017
Insurance
Guernsey Finance will open a representative office in Hong Kong in the first quarter of next year. 2 December 2015
Insurance
PartnerRe’s board gave serious consideration to making a move into writing primary business last year – before it instead opted to acquire rival Axis Capital, thus instead expanding its footprint in reinsurance. 18 March 2015
Insurance
A year on from the merger between Willis and Towers Watson and the broker is still working on its reorganisation whilst Aon is looking for M&A opportunities to deploy its growing cash holdings, executives suggested at separate brokers’ conference calls about their 2016 results. 14 February 2017
Insurance
China Reinsurance has received approval from Lloyd's to transform its existing special purpose syndicate into a stand-alone syndicate. 21 November 2014
Insurance
RSA has appointed Steve Lewis, formerly of Zurich, as chief executive officer (CEO) for the UK and Western Europe. He will join the company with effect from January 2015. 27 June 2014
Insurance
The reinsurance market is poised to remain vibrant following recent catastrophe events, says David Priebe of Guy Carpenter & Company. 16 October 2017
Alternative Risk Transfer
Some of the bigger ILS funds are well down the road towards securing ratings—a move that will see them complete their journey from nimble newcomers to occupying a central ground and competing with traditional players on their own turf. This could be a game-changer for the market, as Intelligent Insurer reports. 23 July 2018
News
The January 2016 reinsurance renewals were orderly, stable and very business-like, according to Nick Frankland, chief executive officer of Guy Carpenter’s EMEA operations division. 7 January 2016
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