Articles

Alternative Risk Transfer

Markel taps Hamilton's Brenton Slade to build new ILS fund Lodgepine

Markel Corporation has hired Hamilton's Brenton Slade as president of Lodgepine Capital Management, its new retrocessional insurance linked securities (ILS) fund based in Bermuda.   19 September 2019

Insurance

Insurtech Concirrus partners with Marsh JLT and Willis Re on new AI-powered marine cargo solution

London-based insurtech Concirrus has launched a new artificial intelligence-powered cargo data analytics solution in partnership with brokers Marsh JLT Specialty and Willis Re Specialty. The company claims it has the potential to "revolutionise" the way cargo insurance is priced, selected and managed in the industry.   16 September 2019

Insurance

Aon taps Guy Carp exec for Asia reinsurance business

Re/insurance broker Aon has appointed Richard Jones as executive chairman of its reinsurance solutions business in Asia.   21 November 2018

Insurance

The wild East

Russia presents international insurers and reinsurers with many opportunities for growth and expansion. However, those looking to hitch a ride on the back of the old bear should approach it with caution.   1 October 2012

Insurance

AXIS hires senior cyber underwriter from Markel

Bermuda-based AXIS Insurance, a unit of AXIS Capital Holdings has hired Andrew Maher as senior cyber underwriter, effective immediately.   13 December 2018

Insurance

AIG takes $272m hit from industry's 'largest cat loss ever'; withdraws guidance

AIG CEO Duperreault says the impact of COVID-19 will result in a material reduction of our long-term return profile.   5 May 2020

Alternative Risk Transfer

SCOR returns to London market for new $250m catastrophe bond

French reinsurer SCOR has returned to the London market for its latest $250 million catastrophe bond to protect itself against losses from named storms and earthquakes in the US and Canada, and windstorms in Europe.   3 June 2019

Insurance

Premia acquires P/C insurer from Illinois Department of Insurance

Bermuda-based run-off specialist Premia Holdings has acquired an Illinois-based property/casualty insurer that was being managed by the Illinois Department of Insurance after being placed into rehabilitation in 2017.   11 January 2019

Insurance

Lancashire’s bullish 2019 results is evidence of ‘harder cycle’

But further pricing improvement is needed in many lines, its CEO says.   13 February 2020

Insurance

Argo Group predicts 'unacceptable' Q4 operating loss of $114m

Factors include independent directors’ review and Voce co-operation agreement.   13 February 2020

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