News

Alternative Risk Transfer

Markel: ILS represents ‘strategic pillar’ despite CATCo challenges

Markel said it is “incredibly optimistic” about the future of its insurance linked securities (ILS) business despite ongoing investigations into recorded loss reserves at CATCo and its subsidiaries.   19 March 2019

Insurance

Chaucer partners with marine insurtech Concirrus to enhance underwriting

Specialty international re/insurer group Chaucer has partnered with marine insurtech firm Concirrus to enhance its underwriting and add value for clients.   19 March 2019

Insurance

Liberty Specialty Markets promotes Sankey to global head of oil and gas

Liberty Specialty Markets (LSM) has promoted Paul Sankey to the role of global head of oil and gas, in addition to his job as head of the energy and construction teams in London.   19 March 2019

Insurance

Lloyd’s Managing Agency Antares reveals head of Financial Institutions

Antares, the Lloyd’s Managing Agency and member of the QIC Group, has appointed Martin Campbell head of Financial Institutions at Antares Syndicate 1274.   18 March 2019

Insurance

Talanx completes ‘generational shift’ at board level

Talanx, the German re/insurer, has renewed its board in what it has called a “generational shift”.   18 March 2019

Insurance

PE-backed insurer Palomar files for IPO on the Nasdaq

Fast-growing US specialty insurer Palomar Holdings has filed for an initial public offering (IPO) on the Nasdaq stock exchange. It is looking to raise $50 million from the deal.   18 March 2019

Insurance

Arch Mortgage Insurance signs $341.7m ILS with Bellemeade Re

Arch Mortgage Insurance Company (Arch MI) has confirmed $341.7 million in indemnity reinsurance from special purpose reinsurer Bellemeade Re in an insurance-linked security (ILS) deal.   18 March 2019

Insurance

Maiden losses widen in 2018 results despite strategic measures to de-risk business

Losses increased at Bermuda-based Maiden Holdings despite taking several strategic measures to de-risk its balance sheet in an "extremely difficult year", but its CEO Lawrence Metz believes that the performance will start to improve in 2019 as it nears the end of its review process.   18 March 2019

Insurance

London insurance market warned 'turbo charge contingency plans' after Brexit delay vote

Last night the UK Parliament voted in favour of requesting an extension to Article 50 and consequently a delay to Brexit beyond the 29 March deadline.   15 March 2019

Insurance

Marsh prices €1.1bn senior notes to fund JLT deal

Marsh & McLennan Companies is issuing €1.1 Billion senior notes to help fund its acquisition of re/insurance broker Jardine Lloyd Thompson Group (JLT).   15 March 2019

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