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Insurance
Zurich Insurance Group said that Farmers Re faced a hit of no more than $20 million in the second half from catastrophes such as Hurricanes Irma and Harvey. 4 October 2017
Insurance
Willis Towers Watson has launched a new hub to focus on facultative reinsurance business across the DACH region of Germany, Austria, and Switzerland. 4 October 2017
Insurance
Reinsurance broker Guy Carpenter & Company has appointed Claude Yoder as managing director and global chief innovation and product development officer. 4 October 2017
Insurance
UK insurtech firm PremFina said on Oct. 4 that it raised $36 million in equity funding and a debt facility. 4 October 2017
Insurance
American International Group (AIG) has appointed Charles Fry as head of reinsurance, operations and transformation, general insurance. 3 October 2017
Insurance
AM Best has removed from under review with positive implications and upgraded the Long-Term Issuer Credit Ratings (Long-Term ICR) to “a+” from “a” and affirmed the Financial Strength Rating of A (Excellent) of Atlantic Specialty Insurance Company and its rated affiliates. Collectively, these companies are referred to as OneBeacon Insurance Group. 3 October 2017
Insurance
The blockchain insurance industry initiative B3i is including 23 new members for its market testing programme. 2 October 2017
Alternative Risk Transfer
2017 has already seen far more than the anticipated level of insurance linked securities business – and the year isn’t even over yet, Paul Schultz, CEO of Aon Securities tells Intelligent ILS. 28 September 2017
Alternative Risk Transfer
ILS as an investment class could benefit from diversity but this must be done with care. Objective triggers must be created carefully to allow for proper pricing, as Clive O’Connell of McCarthy Denning explains. 28 September 2017
Alternative Risk Transfer
Rather than taking advantage of a potential market shift following Harvey and Irma, it’s more important that we think about the transformational steps we can take to expand the ILS market, says Tom Johansmeyer of Verisk Insurance Solutions. 28 September 2017
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