Articles
Alternative Risk Transfer
Global insurance-linked securities (ILS) issuance volume rose significantly year over year in the third quarter of 2018, according to the latest Bermuda ILS Market Report by the Bermuda Monetary Authority. 19 December 2018
Insurance
Marsh has appointed its key leaders for its regional, specialty, and placement teams worldwide which will become effective after the closing of the JLT acquisition by Marsh & McLennan Companies. 19 December 2018
Alternative Risk Transfer
Bermuda-based RenaissanceRe Holdings and Dutch pension fund manager PGGM are launching a new property catastrophe reinsurer called Vermeer Reinsurance to provide capacity focused on risk remote layers in the US property catastrophe market. 18 December 2018
Insurance
Specialist insurer Hiscox has appointed Bob Thaker as its new UK CEO, effective March 2019. 17 December 2018
Insurance
Lloyd’s and six market syndicates will begin using Parsyl, a supply chain data startup, to better manage risk for temperature sensitive classes of business. 17 December 2018
Insurance
Swiss Re has appointed Mark Hodges as new CEO of ReAssure as part of the preparation towards a potential initial public offering (IPO) of the business. 17 December 2018
Insurance
JLT Re (North America) has partnered with Pact Insurance, a personal auto insurtech company, to create a digital insurance solution to cover established and emerging mobility risks. 17 December 2018
Insurance
Zurich Insurance Group has agreed to sell its pre-2007 UK legacy employers’ liability policies portfolio to Bermuda-based specialist acquirer of legacy insurance portfolios Catalina Holdings. 17 December 2018
Insurance
Munich Reinsurance America has appointed Michael Kerner as CEO for Munich Re Specialty Insurance, a new commercial insurance unit in North America. 17 December 2018
Insurance
European insurers showed “high resilience” to a series of natural catastrophes where European countries are hit in a quick succession of four windstorms, two floods, and two earthquakes, according to the European Insurance and Occupational Pensions Authority (EIOPA). 17 December 2018
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