News
Alternative Risk Transfer
Alternative capital has reloaded after the major nat cat events in 2017 and is in good shape to compete for cedants with the traditional reinsurance players and cause further pressure on rates, as recent market reports by Aon Benfield and Fitch Ratings suggest. 25 April 2018
Insurance
Bermuda-based specialist insurer Hiscox has launched a cyber training centre to help its cyber insurance customers worldwide mitigate and manage their cyber risks. 25 April 2018
Insurance
Bermuda-based R&Q Investment Holdings unit Accredited Surety & Casualty Company has closed a programme underwriting partnership with Renaissance Managing General Agency. 25 April 2018
Insurance
Bermuda-based Catalina Holdings has, through its wholly-owned subsidiary Catalina General Insurance, assumed a portfolio of US property & casualty liabilities in runoff from Arch Reinsurance with net outstanding reserve of approximately $410 million. 24 April 2018
Insurance
Bermuda-based bond insurer Assured Guaranty issued a statement criticising David Einhorn of Greenlight Capital following a short-sale presentation. 24 April 2018
Insurance
Hive Aero, a new managing general agency (MGA) specialising in aviation hull war insurance has launched, with an initial stamp capacity of $50 million. 24 April 2018
Insurance
Munich Re has tested and insured the fraud prevention solution of German and Israeli start-up Fraugster, which uses artificial intelligence (AI) technology to detects payment frauds and improve the security of online sales. 23 April 2018
Insurance
The Managing General Agents’ Association (MGAA) has established a dedicated group to drive innovation and greater collaboration in the MGA sector. 23 April 2018
Insurance
Castel Underwriting Agencies, a managing general agent (MGA) formation platform, has promoted Weald Risk Partners from a division within the Castel Specialty portfolio to a standalone underwriting cell. 23 April 2018
Insurance
Singapore is a thriving risk transfer hub for the Asian region, with buyers preferring to execute locally where possible. Beazley, which opened an office in the country some 12 years ago, is prospering on the back of this—especially where it can target specialty lines and offer something different. 22 April 2018
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