Articles

Insurance

Guy Carpenter head of international facultative departs; interim successor revealed

Broker Guy Carpenter, a wholly owned subsidiary of Marsh & McLennan Companies (MMC), has appointed Frank Guerriero as interim head of international facultative operations.   7 October 2019

Insurance

HDI Global Specialty bolsters London team with senior Swiss Re, AmTrust hires

HDI Global Specialty SE, a joint venture of Hannover Re and HDI Global SE, has strengthened its London contingency team with two new senior underwriting hires.   7 October 2019

Insurance

CAC Specialty launches private equity unit with slew of key hires

Specialty insurance brokerage and investment banking business CAC Specialty, a part of US risk management and insurance brokerage Cobbs Allen, has launched a new financial sponsors group (FSG) to bring together seven of its specialties.   4 October 2019

Alternative Risk Transfer

Artex acquisition of Horseshoe will see the Bermuda firm ’become global brand of ILS services for Artex’

Artex Risk Solutions has confirmed it will acquire Bermuda-based Horseshoe Insurance Services Holdings which it said will “significantly strengthen” its insurance-linked securities (ILS) operations.   3 October 2019

Insurance

CIAM slams SCOR’s Quantum Leap strategy in renewed criticism

Activist investor CIAM has criticised SCOR’s Quantum Leap strategy, launched in early September, as “nothing innovative”, claiming it “mainly relies on new accounting standards (IFRS17) to revalue the reinsurer by 2021, without significant intrinsic value creation”.   30 September 2019

Insurance

Declining rates and rising claims hit African reinsurers’ profits, says Africa Reinsurance Pulse

Lower rates and higher claims are denting the profits of reinsurers in Africa, who are also worried about political uncertainties.   30 September 2019

Insurance

Insurtech firm Policy Expert wins digital technology and ecommerce awards

Insurtech firm Policy Expert has scooped two industry prizes: one for digital technology, and the other for ecommerce.   30 September 2019

Insurance

Cyber attacks on the rise — but companies still unprepared to tackle major threat

Cyber risks are the top concern among businesses of all sizes, but nearly half of them still don't have proper insurance coverage or risk management measures in place to address possible exposures, reveals a new survey by property/casualty insurer Travelers.   30 September 2019

Insurance

CAC Specialty hires JLT talent to lead portfolio solutions group

Specialty insurance brokerage and investment banking business CAC Specialty, a part of US risk management and insurance brokerage Cobbs Allen, has appointed André Eichenholtz as the leader of its portfolio solutions group.   30 September 2019

Alternative Risk Transfer

Where ILS and ESG intersect

The Bermuda Stock Exchange has launched an environmental, social and governance initiative that aims to enable sustainable and responsible growth for its member companies and the wider community. Greg Wojciechowski caught up with Intelligent ILS to explain what this means for the exchange and the ILS markets.   30 September 2019

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