News
Alternative Risk Transfer
Arch Capital Group’s US mortgage insurance operation Arch Mortgage Insurance Company (Arch MI) secured $374,460,000 of indemnity reinsurance from Bellemeade Re 2018-1, a special purpose insurer. 19 April 2018
Insurance
AXIS Re, the reinsurance arm of Bermuda-based AXIS Capital Holdings, has appointed AIG's Megan Thomas as chief underwriting officer, responsible for product and portfolio management within AXIS Re. 18 April 2018
Insurance
Specialist commercial insurer CNA Hardy has gained authorisation to set up operations in Labuan, Malaysia, expanding its presence in Asia. 18 April 2018
Insurance
Munich Re has appointed Angela Homm as global CFO of its subsidiary Digital Partners, which was established by the German reinsurer in 2016 to explore insurtech opportunities and partner with the industry disruptors. 18 April 2018
Insurance
Insurance broker Marsh has appointed Paul Denny as UK financial and professional practice (FINPRO) leader. 18 April 2018
Insurance
Bermuda-based property/casualty commercial lines re/insurer XL Group received other potential bids before sealing the deal with AXA, which agreed to pay significantly more than other suitors. 17 April 2018
Insurance
Lloyd’s coverholder Brockwell Capital has completed its London team with the addition of two senior underwriters Andrew Graham and Alec Goodair. 17 April 2018
Insurance
Syndicate Research (SRL) has downgraded the B+^ (Above Average) Continuity Opinion of Lloyd's syndicate 4444 (Canopius Managing Agents) to B^ (Average). 17 April 2018
Alternative Risk Transfer
Alternative capital rose by $8 billion to $89 billion in 2017 and is expected to grow further in 2018 after a strong first quarter, according to Aon Benfield’s April 2018 Reinsurance Market Outlook. 16 April 2018
Insurance
Navigators CEO Stanley Galanski has described how London has become an increasingly challenging market and explained why he believes that targeting local markets directly in continental Europe is the way to go. 16 April 2018
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