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News
The significant third quarter 2017 catastrophe losses will push the global reinsurance sector to an underwriting loss for the year, according to Fitch Ratings. 8 December 2017
Insurance
Liberty Specialty Markets (LSM), part of Liberty Mutual Insurance, intends to redomicile its insurance company from the UK to Luxembourg. 8 December 2017
Alternative Risk Transfer
Rather than make the discovery after it’s necessary, it would be much more effective to develop a robust cyber ILW market before it’s needed, says Tom Johansmeyer of Verisk Insurance Solutions. 8 December 2017
Insurance
Thomas Deane has joined insurance-focused advisory and investment firm Stonybrook Capital from JLT Capital Markets. 8 December 2017
Insurance
Validus expects the net impact from the October 2017 California Wildfires to be $30.0 million. 8 December 2017
Insurance
About 200,000 residents have been evacuated in Southern California as multiple wildfires have burned homes. 8 December 2017
Alternative Risk Transfer
The average performance of cat bonds improved dramatically in October, up 0.35 percent, but the performance of some managers will diverge due to recent losses, the complexities of which also mean loss information is still being gathered by many managers. 7 December 2017
Alternative Risk Transfer
Markel CATCo Investment Management has appointed Alissa Fredricks as its new chief executive officer, Bermuda. 7 December 2017
Insurance
Specialist re/insurance broker THB has appointed Declan Durkan as commercial and placement director for its combined fleet and commercial operation in the UK. 6 December 2017
Insurance
American International Group (AIG) has appointed Tom Bolt as chief underwriting officer, general insurance. 5 December 2017
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