News
Insurance
Ryan Specialty Group (RSG) is acquiring certain assets of ARC Specialty Brokerage (ARC Specialty), the property/casualty (P&C) division of ARC Excess & Surplus. 30 July 2018
News
Size is an increasingly important factor in the success of reinsurance businesses, according to SCOR, and the pressure remains on smaller players to merge. 27 July 2018
News
Renaissance Re CEO Kevin O'Donnell said during the reinsurer’s second quarter 2018 earnings call that he sees “reasonable tailwind” for business. 26 July 2018
Insurance
RSG Underwriting Managers (the underwriting arm of Ryan Specialty Group) underwrites in the global energy markets via two MGUs: Global Special Risks (GSR), which focuses on fossil fuels, and PERse, which focuses on renewable energy. In this article, executives from each unit offer their perspectives on the challenges and opportunities facing these aspects of the energy sector. 26 July 2018
Insurance
Willis Towers Watson (WTW) has filed a lawsuit against its former North America construction industry leader William Noonan claiming that he has breached contract by taking, using, or disclosing confidential Information when he took a job at Alliant and by soliciting key employees on behalf of Alliant 25 July 2018
Insurance
RenaissanceRe enjoyed strong growth in the second quarter in both its property book and its casualty book and its profits grew. But it warned that “meaningful uncertainty” remains around the scale of claims stemming from many of the big catastrophes that hit its profits last year. 25 July 2018
Insurance
Dawning awareness of the scale and severity of financial risks posed by artificial intelligence (AI) means that, in the next few years, London market underwriters will need to review their policies in a search for hidden AI exposure, according to law firm Clyde & Co. 24 July 2018
Alternative Risk Transfer
Some of the bigger ILS funds are well down the road towards securing ratings—a move that will see them complete their journey from nimble newcomers to occupying a central ground and competing with traditional players on their own turf. This could be a game-changer for the market, as Intelligent Insurer reports. 23 July 2018
Alternative Risk Transfer
US-based property/casualty insurer Travelers has increased its catastrophe bond coverage to take advantage of the favourable pricing environment while reducing traditional reinsurance purchase, Travelers chief financial officer Jay Benet said during the second quarter 2018 conference call. 23 July 2018
Insurance
Italian insurer Generali has entered into a share purchase agreement with Life Company Consolidation Group (LCCG) to sell its entire shareholding in Generali Worldwide Insurance Company and Generali Link. 19 July 2018
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