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Pool Re eyes first ILS deal
Alternative Risk Transfer
Pool Re is looking to issue insurance-linked securities (ILS), having exhausted traditional reinsurance capacity, Pool Re CEO Julian Enoizi, told Monte Carlo Today. In April 2018, it selected GC Securities as its ILS advisor and placement agent.   11 September 2018
Hamilton hails Lloyd’s review
Insurance
The ongoing profitability review at Lloyd’s is a good thing and very much welcome, in the eyes of Pina Albo, chief executive, Hamilton Insurance Group, who told Monte Carlo Today that anything designed to improve the profitability of the market should be embraced.   11 September 2018
Blockchain: moving from hype to reality
Insurance
The potential of blockchain has been the subject of much debate in the reinsurance world, but it is about to bring concrete benefits to early adopters, says David Edwards of ChainThat.   11 September 2018
News
TransRe, the reinsurance arm of Transatlantic Holdings and a wholly owned subsidiary of Alleghany Corporation, is planning a subsidiary in Luxembourg as it looks to restructure and bolster its presence in the European Union.   10 September 2018
Insurance
Re/insurer QBE has announced that its post-Brexit restructuring plans were heard at the High Court, ensuring continuity of service for its customers across the European Union.   10 September 2018
Insurance
Specialty re/insurance provider Lancashire Holdings (LHL) has appointed James Irvine as the new chief underwriting officer (CUO) for Lancashire Insurance Company in Bermuda.   10 September 2018
News
French reinsurer CCR Group has unveiled a series of appointments including new hires from MS Amlin and Arch.   10 September 2018
article
Specialty managing general agent (MGA) Nexus Group has completed the acquisition of Altitude Risk Partners from the club-style MGA formation platform Castel Underwriting Agencies via an asset purchase.   10 September 2018
Insurance
Catastrophe risk modeling firm AIR Worldwide has released a new severe thunderstorm model for Europe that will allow for a comprehensive assessment of atmospheric risk in the region.   10 September 2018
Insurance
The re/insurance industry is in a much worse position than its bosses will admit and many carriers will be cashflow negative by the end of 2019, industry veteran Stephen Catlin has warned, in an explosive interview in which he stressed that any executive running a public company could not risk highlighting this reality to investors.   10 September 2018

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