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Alternative Risk Transfer
ILS investors ready for Florida June renewals
Insurance-linked securities (ILS) investors are reloaded and ready for the 1 June 2018 Florida renewals after significant losses in the second half of 2017 which saw record natural catastrophes from hurricanes, earthquakes, and wildfires in North America, according to the latest ILS Market Update by Willis Towers Watson Securities.   27 April 2018
Insurance
RGA Q1 results ‘below expectations’ due to claims volatility
Reinsurance Group of America (RGA) reported a drop in net income to $100.2 million in the first quarter of 2018 compared to $145.5 million in the same period a year earlier.   27 April 2018
Insurance
AXA raises $3.2bn from pre-IPO restructuring to finance XL acquisition
French insurer AXA has received $3.2 billion following the completion of its reorganisation transactions ahead of the planned initial public offering (IPO) of its US operations.   26 April 2018
Alternative Risk Transfer
No stopping for ILS, cat bonds growth
2017 was a record breaking year for cat bond issuance. Gary Harris and Brad Adderley from legal firm Appleby take a look back at what was a year to remember.   25 April 2018
Insurance
Blockchain opportunities come with risks attached: Fitch
Blockchain has the potential to become a game-changing technology for the insurance industry over the long term, but there are also risks, according to Fitch Ratings.   25 April 2018
Insurance
LMA report finds widespread use of cyber exclusions in many classes
Malicious and/or non-malicious cyber incidents are excluded in most classes of business covering physical damage losses, according to a report by the Lloyd’s Market Association (LMA) called ‘Cyber Risks & Exposures Model Clauses: Class of Business Review’, which reviews by class non-affirmative and affirmative coverage and commonly used exclusions.   23 April 2018
Insurance
Sedgwick unveils new UK leadership following Cunningham takeover
Technology-driven risk solutions provider Sedgwick has appointed Ian Muress, Stewart Steel and Paul White to leadership roles for its combined business operations in the UK.   23 April 2018
Insurance
TMK forms strategic alliance with Australian insurtech Evari
Tokio Marine Kiln (TMK) has entered into a strategic alliance with Australian insurtech firm Evari.   23 April 2018
Insurance
Alesco poaches Willis broker to chair construction unit
Specialist broker Alesco Risk Management Services has hired Willis' Martin Hiller as chairman of its UK construction team.   23 April 2018
Insurance
MGAA sets up dedicated group to target innovation in MGA sector
The Managing General Agents’ Association (MGAA) has established a dedicated group to drive innovation and greater collaboration in the MGA sector.   23 April 2018

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