News

Alternative Risk Transfer

ILS market to near $100 billion volume in 2018: Hannover Re

By the end 2018 the market for insurance-linked securities (ILS) is expected to reach a total volume of close to $100 billion, according to Hannover Re.   17 October 2018

Insurance

Autonomous cars will shake insurance market to its core

The world of insurance—and the wider world beyond that—will be changed by the advent of the driverless or autonomous car, according to Vincent Branch, chief executive of Accelerate at AXA XL.   16 October 2018

Insurance

Marsh gets US antitrust approval for JLT acquisition

US-based Marsh & McLennan Companies (MMC) has received the approval of the Federal Trade Commission to acquire UK-based Jardine Lloyd Thompson Group (JLT).   16 October 2018

Insurance

FedNat expects $275m loss from hurricane Michael

FedNat Holding Company estimates that its aggregate gross losses as a result of hurricane Michael will be approximately $275 million, the bulk of which will be covered by reinsurance.   16 October 2018

Insurance

Liberty appoints Heinesch to develop its Swiss cyber book

Liberty Specialty Markets (LSM) has appointed Roland Heinesch as new cyber underwriter in its Zurich office, citing that the company is “seeing a real increase in demand” across the country.   16 October 2018

Insurance

Realism the key to insurtech

Insurtech needs to be realistic, according to a panel discussion at the Intelligent Insurtech Europe 2018 conference in London today.   15 October 2018

Insurance

Capacity decline supports aviation sector rates

As the renewal season approaches, the airline insurance market is showing definitive upwards movement across all business sectors, according to the latest JLT Aviation newsletter.   15 October 2018

Insurance

AXA XL appoints new CUO of London Market wholesale

Re/insurer AXA XL has appointed Dan Curran as chief underwriting officer responsible for the company's property & casualty London Market Wholesale business.   15 October 2018

Insurance

Marsh makes big bet on growth

Marsh & McLennan’s acquisition of JLT has been on the cards for some time. While the two players complement each other in many areas, Marsh has taken on a lot of debt to finance the deal—which may cause it problems. Intelligent Insurer reports.   12 October 2018

Insurance

MS&AD seeks acquisitions, growth outside Japan

Japanese insurance group MS&AD is seeking acquisitions outside Japan to further diversify the business, CEO Yasuyoshi Karasawa said while presenting the group’s “Vision 2021” plan.   12 October 2018

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