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Risk models are good at estimating the losses arising from ‘conventional hurricane events’ but their performance decreases when it comes to more severe or unusual events, according to a study by JLT Re, which analysed the precision of modelled market loss estimates for significant hurricanes since 2004. 12 July 2018
Risk Management
It will ‘empower organisations to deliver real-time data-driven responses’. 18 November 2021
Insurance
The completion of this deal marks Nexus’ eighteenth acquisition since its inception as the MGA Group looks to grow further. 4 January 2021
Insurance
Starr Companies has entered an agreement with Smartt MGA to act as agent for Starr International (Europe) to provide automated quotes and policy documentation for light general aviation business. 21 November 2017
Insurance
Hong Kong-based Peak Reinsurance Company has been authorised as a life and general reinsurer by the Monetary Authority of Singapore to write reinsurance business in the country. 10 November 2017
Insurance
Bermudian Fidelis Insurance has taken an equity stake in new managing general agent (MGA) Firestone Surety and will be providing underwriting capacity. 15 December 2017
Insurance
New Zealand-based general insurer Tower has entered into a $22 million settlement agreement with Hong Kong's Peak Re regarding an adverse development cover policy entered in 2015. 1 March 2018
Insurance
The business will operate as Africa Re Underwriting Agency and marks its first office outside Africa. 5 October 2020
Insurance
The board will advise on matters related to geopolitics, cyber security, identifying market trends and future drivers for growth. 15 April 2020
Insurance
Specialist insurer Beazley has expanded its presence in Canada with the acquisition of specialist managing general agent (MGA) Creechurch Underwriters. 6 February 2017
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