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Insurance
Yachtpod Risk Partners has launched an underwriting cell on the Castel Underwriting Agencies managing general agent (MGA) formation platform to offer dedicated superyacht insurance on a global basis. 30 March 2017
News
JLT Group's Fac division, which is focused on property, construction and casualty facultative reinsurance, has expanded its team with the appointment of Mark Leonard and Julia Moretti. 30 March 2017
Insurance
Pressure facing the global reinsurance sector may be magnified in Bermuda, rating agency AM Best suggested. 30 March 2017
Alternative Risk Transfer
While alternative capital is here to stay, the industry could well experience a significant reset in rates if cracks in reserves widen and this combines with a big catastrophe loss, says Weston Hicks, the president of Alleghany, who also explains to Intelligent Insurer why his business is ready to benefit from such a scenario. 29 March 2017
Insurance
A review of the UK Ogden discount rate, used to calculate personal injury lump sum compensation payments, must break its current tie to index-linked government bonds, the International Underwriting Association (IUA) has stated. 28 March 2017
Insurance
Shareholder rights law firm Robbins Arroyo announces that a class action complaint was filed against New York-based property and casualty insurance AmTrust Financial Services in the US District Court for the Southern District of New York. 23 March 2017
Alternative Risk Transfer
The ILS market remains on course for healthy growth as it enters the second quarter of the year, according to Paul Schultz, chief executive of Aon Securities. 23 March 2017
Alternative Risk Transfer
Fifty percent of pension plans state that getting trustees comfortable with ILS is the biggest impediment to allocation. Noel Hillmann, managing director of Clear Path Analysis, takes a look at the findings of a recent survey. 23 March 2017
Alternative Risk Transfer
PCS designated more catastrophe events in 2016 than in any year since 1980, as Tom Johansmeyer of ISO Claims Analytics, a division of Verisk Insurance Solutions, reports. 23 March 2017
Insurance
Specialist insurer Beazley has appointed former Guy Carpenter executive Stephen Vivian to lead its US marine business. 23 March 2017
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