Articles
Insurance
Ascot Group has appointed Jerry Tegan, former president and CEO of RSG Underwriting Managers, as the executive chairman of Ethos Specialty Insurance Services. 12 February 2018
News
The Export-Import Bank of the US (EXIM) has developed a reinsurance programme with major players like XL Catlin and Liberty Specialty Markets to share risk and provide an additional $1 billion in loss coverage for a significant portion of EXIM’s existing portfolio of large commercial aircraft financing transactions. 3 April 2018
Alternative Risk Transfer
Insurance Australia Group (IAG) has issued its first catastrophe bond; the deal also the first to be domiciled in Singapore, using its new insurance-linked securities (ILS) laws. 27 February 2019
Insurance
The re/insurance industry loss from extratropical cyclone Friederike (also called David) has reached €1.63 billion, according to Zurich-based catastrophe insurance data provider PERILS. 17 April 2018
Insurance
StarStone, a specialty insurer and subsidiary of Bermuda-based Enstar Group, has launched a new crisis management division, following the hire of executives from Antares and ArgoGlobal. 12 February 2018
Insurance
Specialist Lloyd's insurer Neon has launched an underwriting operation in partnership with Italian marine broker, Cambiaso Risso, who will have a minority shareholding in the joint venture. 20 October 2017
Insurance
The preliminary data on claims from the Californian wildfires reaches $1.05 billion in losses from commercial and residential structures, personal and commercial vehicles, and agricultural equipment, the California Department of Insurance said in an Oct. 19 press release. 20 October 2017
Insurance
London-based insurance broker HWI International Group is launching a new managing general agent (MGA) in Hong Kong to begin underwriting on July 1, 2018. 16 April 2018
News
A captive can play a big role in reimbursing an organisation for any damage to its reputation, and this form of risk transfer should be viewed as an efficient way of funding the reputational risk of companies long term. 9 August 2017
News
TransRe has appointed Miguels Canals to join its cyber team, based in New York. 21 September 2017
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