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Insurance
The Insurance Council of Australia (ICA) has declared a catastrophe for damage caused by storms that struck parts of regional Victoria and metropolitan Melbourne on Tuesday December 19. 21 December 2017
Insurance
Prudential Retirement, a unit of Prudential Financial, and Legal & General Group have concluded their sixth longevity reinsurance agreement since 2014 – a deal hailed as representing the resurgence of the longevity reinsurance sector in the UK. 21 December 2017
Insurance
Gramercy Risk Holdings, a New York-based insurance programmes management platform, has raised an undisclosed amount of equity capital, which it plans to use to buy and capitalise a shell insurance company. 21 December 2017
Insurance
The Ardonagh Group, the UK’s largest independent insurance broker with global reach, has completed the acquisitions of Carole Nash Insurance Consultants and Mastercover Insurance Services. 21 December 2017
Alternative Risk Transfer
Jardine Lloyd Thompson Capital Markets (JLTCM), a subsidiary of reinsurance brokerage firm JLT Re placed a catastrophe bond (Market 2017-2, Weather), which closed at $14.50 million. 20 December 2017
Insurance
After an eventful 2017, Intelligent Insurer questioned 16 senior executives representing all corners of the re/insurance industry about their highs and lows of 2017 and their wishes for 2018. Here, we reveal their responses to the question: what's on your Christmas list this year and why? 19 December 2017
Insurance
Property/casualty insurer Travelers Europe will apply to the Central Bank of Ireland for authorisation of a new, wholly owned insurance subsidiary incorporated in the Republic of Ireland, according to a Dec. 19 statement. 19 December 2017
Insurance
The Lloyd’s market has received approximately £3 billion of additional capital to restore capital resources to the level prior to the third quarter of 2017 loss events and to cover changes in capital requirements for 2018 underwriting. 19 December 2017
Insurance
Willis Towers Watson (WLTW) has named Alberto Gallego as the new head of Iberia. 19 December 2017
Insurance
Coverys Syndicate 1975 has received approval from Lloyd’s to begin underwriting business with effect from Jan. 1, 2018. 19 December 2017
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