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Parametric insurance: plugging the gaps in business interruption cover
Technology
Gaps in SME business interruption cover have become a critical issue as the pandemic has wrought extensive trading disruption around the world. Alastair Speare-Cole, president and general manager of the Insurance Division of QOMPLX, outlines why parametric business is a powerful way to close some of these gaps.   13 July 2020
Insurance
American International Group (AIG) wants to sell a $2 billion portfolio of life settlements that would pay out when sick or elderly customers die, Reuters reported on Aug. 15 citing two people familiar with the matter.   16 August 2017
News
Everest Reinsurance Company (Everest Re) has appointed Darwin Lucas as vice president and head of US casualty programmes for all general casualty and professional liability lines of coverage within the facultative reinsurance division.   16 August 2017
Insurance
RSG Underwriting Managers (the underwriting arm of Ryan Specialty Group) underwrites in the global energy markets via two MGUs: Global Special Risks (GSR), which focuses on fossil fuels, and PERse, which focuses on renewable energy. In this article, executives from each unit offer their perspectives on the challenges and opportunities facing these aspects of the energy sector.   26 July 2018
Insurance
Bermuda-based Arch Capital Group is planning to expand the group’s underwriting operations in Ireland to ensure continuity of its operations across the European Union once the UK leaves the EU.   7 June 2018
Insurance
Comparison Creator, a software development company specialising in product comparison, said on Aug. 14 that it launched a platform called Protect Your Gadget.   14 August 2017
Insurance
Re/insurer XL Catlin has opened a new office, focusing on political risk, credit and bond (PRCB) insurance, in Washington DC.   17 July 2017
Insurance
TransRe, the reinsurance arm of Transatlantic Holdings and a wholly owned subsidiary of Alleghany Corporation, has acquired the exclusive renewal rights to all of Maiden Re's US treaty reinsurance underwriting business.   30 August 2018
Insurance
Insurance broker Lockton has hired a new producer from Aon to join its Kansas City operation and manage client risks.   31 August 2017
News
Emerging liability requirements as a result of international investors’ involvement in many of the large Latin American businesses is accelerating claims consciousness in the region, says John Blake, managing partner of Hemispheric Reinsurance Group.   27 October 2015

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