News

Alternative Risk Transfer

ILS investors, funds, buyers all now regard ILS as mainstream: Willis report

End investors, ILS funds, and buyers – the three groups active in ILS – have predominantly weathered 2017 loss activity with a view that reinsurance products backed by ‘alternative’ capital have become mainstream, according to a new Global ILS Market Survey by Willis Towers Watson.   22 October 2018

Insurance

Miller to acquire London market broker Alston Gayler

Broker Miller will acquire Alston Gayler and Co, an independent London market re/insurance broker specialising in multiple lines of business, from Nelson Holdings.   22 October 2018

Insurance

Arch Insurance unveils new structure, key leadership changes

Bermuda-based re/insurer Arch Capital has unveiled key leadership changes while creating a new organisational structure dedicated to specific lines of business.   22 October 2018

Insurance

Allstate estimates $177m cat losses in September

US personal lines insurer Allstate Corporation has estimated catastrophe losses for the month of September 2018 at $177 million, pre-tax ($140 million after-tax).   22 October 2018

Insurance

AXIS hires ex-Allied World CFO for new global role

Bermuda-based re/insurer AXIS Capital has appointed the former chief financial officer (CFO) of Allied World to a new position of global corporate controller.   22 October 2018

Insurance

UK insurtech Skyline to launch weather insurance in India; secures funding

London-based insurtech start-up Skyline Partners, a provider of tech-powered weather insurance solutions, has secured funding from MGA innovation hub OneAdvent to grow its business.   22 October 2018

Insurance

Canopius eyes Asia Pacific expansion with key hires

Specialty re/insurer Canopius has revealed a series of key appointments to expand its business across the Asia Pacific region.   22 October 2018

News

Where is consolidation taking the sector, asks GC panel

The Guy Carpenter Baden-Baden 2018 Reinsurance Symposium has raised the question of where the recent wave of mergers & acquisitions (M&A) is taking the sector.   22 October 2018

Insurance

A good routine based on trust: Baden-Baden attendees

Consolidation and yet more mergers and acquisitions (M&A) in the industry will be the biggest talking point in Baden-Baden this year, closely followed by negotiations over rates and terms and conditions, according to an online survey carried out by Intelligent Insurer ahead of this renewals season.   22 October 2018

Insurance

AIG needs to regain investor confidence after cat losses: Morgan Stanley

Following multiple quarters of missed earnings, American International Group’s (AIG’s) large third quarter cat losses will further weigh on investor sentiment, Morgan Stanley said in a note.   20 October 2018

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