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A bumper year ahead for ILS issuance
Alternative Risk Transfer
January 1 retro and European reinsurance purchasing tend to be a good indicator of what ILS market activity will look like for the rest of the year. If that trend continues, 2020 is set to be a busy year for ILS, perhaps even rivalling 2017, says Brad Livingston of Willis Re Securities.   27 February 2020
Insurance
Specialty insurer OneBeacon Insurance Group has exited the crop business following the sale of its managing general agency Climate Crop Insurance Agency.   4 August 2015
Swiss Re expects ‘further market hardening’ in year-end renewals
Insurance
The reinsurer believes a number of trends will converge to drive up prices.   16 September 2020
Insurance
Cunningham Lindsey, the global loss adjusting, claims, management and risk solutions firm, has launched MGA Guardian, a range of services for managing general agencies (MGAs) supported by Ambant Underwriting Services (AUS).   9 February 2016
Insurance
Liberty Specialty Markets (LSM), part of Liberty Mutual Insurance Group, is looking to expand its reach in the Nordic region, allowing it to underwrite and service more business through its office in the Netherlands.   30 July 2018
Insurance
California-based artificial intelligence (AI) start-up Betterview, an insurtech platform provider for property transactions, has closed a $4.5 million Series A round bringing the total funding to $10 million.   28 May 2019
Insurance
Markel Corporation said on Oct. 11 that it expects to report third quarter pre-tax underwriting losses of $503 million, net of reinstatement premiums, from Hurricanes Harvey, Irma and Maria as well as the Mexico City earthquakes.   12 October 2017
Insurance
Lloyd’s insurer Novae Group has appointed Alexandra Moon as group general counsel. She also joins Novae’s executive committee reporting to Matthew Fosh, chief executive.   9 February 2015
Alternative Risk Transfer
American International Group (AIG) has entered into a definitive agreement to acquire all outstanding common shares of Bermuda-based Validus Holdings.   22 January 2018
Insurance
With in-person Monte Carlo cancelled, the industry will be doing many of its renewals discussions online. That might work for some, but with thorny issues to address, the industry needs to get back to meeting face to face, say insurers.   14 September 2021

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