News
Insurance
Insurance services and investment company Randall & Quilter Investment Holdings has signed a loss portfolio transfer agreement with two of the largest joint powers authorities in California providing property and general liability cover. 3 July 2019
Insurance
Strengthening primary insurance market conditions underpinned improvements to reinsurance prices, terms and conditions at the June 1, and July 1, 2019, renewals according to the latest 1st View renewals report from Willis Re. 2 July 2019
Insurance
Parent company Nest Investments Holdings (Nest) will pay $130 million replacement funds to Bahrain-based re/insurer Trust International Insurance & Reinsurance Company (Trust Re) this year to shore up the firm’s future after it was hit with a credit downgrade last year. 1 July 2019
Alternative Risk Transfer
A recent downswing in interest in investing in the ILS market might be reversed by new developments, according to a new S&P Global Ratings report. 28 June 2019
Insurance
The demand for weather risk products is growing. Intelligent Insurer asks Nephila Climate chairman Barney Schauble what is driving this forecast. 28 June 2019
Insurance
Specialist insurer Hiscox's chief underwriting officer (CUO) Richard Watson is stepping down from his position after 33 years with the carrier. 27 June 2019
Technology
As the rating agencies, regulators and investors wake up to the magnitude of the threat posed by silent cyber risk, re/insurers must get their act together and tackle this large and infinitely complex risk head-on. Intelligent Insurer reports. 27 June 2019
Insurance
US cyber insurers have seen written premiums more than double in four years from $996 million in 2015 to $2 billion in 2018, a report from ratings agency AM Best has shown. 21 June 2019
Insurance
The US government’s current Terrorism Risk Insurance Act (TRIA) must be reauthorised this year, even though the programme expires at the end of 2020, the American Property Casualty Insurance Association (APCIA) has warned. 19 June 2019
Insurance
Ken Randall will no longer serve as the group chief executive officer (CEO) of Randall & Quilter Investment Holdings (R&Q), and will hand over the reins to Alan Quilter, who co-founded the business with him in 1991. 19 June 2019
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