Articles

Insurance

Enstar finalises reinsurance-to-close transaction with AmTrust at Lloyd's

Bermuda-based insurance group Enstar's Lloyd’s managing agency has completed four reinsurance-to-close transactions with AmTrust Syndicates.   18 February 2019

Insurance

NN Group supervisory board chair Jan Holsboer to step down

Dutch insurer NN Group has elected David Cole to succeed Jan Holsboer as the chairman of its supervisory board following its annual general meeting later this year in May.   15 February 2019

Insurance

Friese of NN Group highlights Delta Lloyd acquisition in 2018 results

Dutch insurer NN Group saw a major net result loss in its full year results but Lard Friese, NN Group’s CEO, pointed to a positive operating result in a year that saw the integration of Delta Lloyd and a major cost reduction program.   14 February 2019

Insurance

Arch's Q4 results hit by hurricane and wildfires losses

Bermuda re/insurer Arch Capital Group saw its income fall year-on-year in fourth quarter 2018, primarily due to the impact of catastrophic events in the year   13 February 2019

Insurance

UK's Pool Re approved to cover non-damage terror losses

UK terrorism mutual reinsurer Pool Re has received Parliamentary approval to cover non-damage business interruption losses in the wake of a terrorist attack.   13 February 2019

Insurance

Pioneer poaches cargo underwriter from Pembroke

Pioneer Underwriters, the underwriting group within Minova Insurance Holdings, has appointed Andrew Corton as a project cargo underwriter based in London.   13 February 2019

Insurance

Lloyd’s approves Beazley-backed Digital Risks as a coverholder

UK-based insurtech startup Digital Risks, a digital-only insurance broker, has achieved Lloyd’s coverholder status, enabling it to cover more specialist risks and insure UK businesses that trade internationally.   13 February 2019

Insurance

SSL Endeavour reveals management shake-up post merger; Karen Allen steps down

Lloyd's broker and delegated authority specialist SSL Endeavour, which has merged under private investment firm JC Flowers, has reshuffled its management team. The move has led to the departure of top executives such as Karen Allen who joined the company nearly four months ago.   13 February 2019

Insurance

Assurant’s Colberg expects further value on back of TWG purchase

US-based insurer Assurant saw its 2018 net earned premiums and other income rise substantially on the back of its acquisition of The Warranty Group (TWG) in May 2018.   13 February 2019

Alternative Risk Transfer

Spooked ILS investors have become wary of which funds they trust

The spate of heavy losses in 2017 and 2018, compounded by ‘loss creep’ as some funds struggled to post accurate loss estimates, seems to have made ILS investors pause for thought, with many being much more circumspect as to where to place their money. Intelligent Insurer investigates.   13 February 2019

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