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Allianz Partners CEO Serge Corel joins insurtech start-up Cuvva
Insurance
Insurtech startup Cuvva has hired former CEO of Allianz Partners, Serge Corel, as director of partnerships to play a key role in driving its future growth.   12 September 2019
Extreme weather events have driven spike in ILS impairments
Insurance
Following the difficult years of 2017 to 2019, which were dominated by extreme hurricanes, earthquakes, wildfires, typhoons and winter storm events, 25 insurance-linked securities (ILS) bonds are expected to be impaired in the 12-month period to June 30.   11 September 2019
More funds will seek rated paper: Aon
Insurance
Despite some of the recent challenges they have faced, insurance-linked securities (ILS) investors are not going anywhere soon, and they will form increasingly deep and complex relationships with the industry, Mike Van Slooten, head of market analysis at Aon, told Monte Carlo Today.   11 September 2019
Alternative Risk Transfer
Alternative capital is now entering the market at many more points in an attempt to get closer to the risk and the logical conclusion is that some insurance-linked securities (ILS) funds will look to launch rated carriers, Eric Andersen, co-president of Aon, told Monte Carlo Today.   11 September 2019
Insurance
Lloyd’s needs to adapt to become more relevant to its clients, Michael Papworth, head of Miller’s property/casualty business unit and head of Asia, told Monte Carlo Today.   11 September 2019
Insurance
Insurtech UK, an alliance of insurtech startups joined by associate members of the insurance industry and service partners, has added broker Aon and Munich Re firm Digital Partners as associate members.   10 September 2019
Insurance
Specialty lines insurer HDI Global Specialty SE has hired David Palmer as head of crisis management.   10 September 2019
Insurance
Specialist re/insurance broker BMS Group has appointed Gregg Holtmeier as chief strategy officer of its US reinsurance operations, based in San Francisco.   10 September 2019
Insurance
Specialty insurer Markel International has appointed Jonathan Finch as senior underwriter in its surety team in London.   10 September 2019
Insurance
Cyber continues to grow globally but with some stark regional differences and re/insurers are increasingly aware of silent cyber, as Luke Foord-Kelcey of Aon’s Reinsurance Solutions told Monte Carlo Today.   10 September 2019

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