Articles
Alternative Risk Transfer
S&P has predicted “stable to gradually increasing activity” in the European property casualty run-off market in a report. 15 April 2019
Insurance
Specialty insurance group Tokio Marine HCC has sold its bail bond operations to what it calls "a prominent player in the industry" as it exits the business in the US. 10 April 2019
Alternative Risk Transfer
Spanish insurer Mapfre took some tough decisions last year—and also underperformed, according to its chief executive. Now, it wants to reap the rewards of these changes as well as its diversification to move into a new chapter, Antonio Huertas, chairman and CEO, tells Intelligent Insurer. 4 April 2019
Insurance
There has been a decrease in underwriting capacity for the downstream energy market for the first time since 2001 and the prospects for this segment look bleak after a disastrous couple of years for insurers, Willis Towers Watson has claimed in a new report. 4 April 2019
Insurance
Rating agency Moody's has revised its outlook of Bermuda-based AXIS Capital Holdings and its operating subsidiaries to negative from stable, reflecting the re/insurer's lower capitalisation and higher operating and financial leverage relative to peers. 4 April 2019
Alternative Risk Transfer
Reinsurers have adopted a rational rating approach for 1 April renewals with price increases of up to 25 percent concentrated on loss-affected contracts and programmes, Willis Re has said. 3 April 2019
Insurance
Insurtech-focused venture capital firm IA Capital Group has raised $150 million across its three funds focusing on property/casualty, life/annuity/retirement, and later-stage fintech opportunities. 3 April 2019
Insurance
CLS Risk Solutions (CLS), a provider of property and renewables development risk cover, has launched permit challenge insurance for renewable energy infrastructure. 3 April 2019
Insurance
Re/insurer AXA XL has promoted Jennifer Minors to senior vice president, product line leader in its Bermuda professional lines insurance business. 3 April 2019
Insurance
Marsh & McLennan Agency (MMA), the middle market agency subsidiary of broker Marsh, has entered a new market with the acquisition of Arizona-based Lovitt & Touché, one of the state’s largest independent insurance agencies. 3 April 2019
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