News
Insurance
The US Federal Home Loan Mortgage Corporation, Freddie Mac has auctioned off a pool of residential mortgage insurance contracts in a deal which will provide a maximum limit of up to approximately $300 million of losses on single-family loans under its Agency Credit Insurance Structure (ACIS) programme. 28 June 2018
Insurance
Insurance broker Lockton has appointed Jerry Ridge as global head of marine and energy reinsurance. 28 June 2018
Alternative Risk Transfer
Sponsors and investors showed continued interest in ILS last year, with record-breaking issuance and over $12 billion of new capital brought to market, and the Bermuda Stock Exchange reinforced its position as the ILS listing venue of choice, as BSX president and CEO, and chairman of ILS Bermuda, Greg Wojciechowski explains. 28 June 2018
Alternative Risk Transfer
How has London adapted to become a hub for ILS business, asks Clive O’Connell, partner, head of insurance and reinsurance at McCarthy Denning. 28 June 2018
Insurance
Re/insurance broker Miller has hired onshore energy specialist Ryanne Smith to further expand its energy capabilities in North America. 14 June 2018
Insurance
Insurance brokerage and risk management firm Arthur J Gallagher has acquired a majority interest in Zurich, Switzerland-based Hesse & Partner and Hesse Consulting GmbH. 12 June 2018
Insurance
Specialist reinsurance broker Capsicum Re has launched a new New York cyber hub, led by Patrick Bousfield who has been promoted to executive director. 4 June 2018
News
Many re/insurers understand the value and potential of data but leveraging its full potential requires a systematic approach designed to achieve very specific outcomes, says Meghan Anzelc, chief analytics officer, AXIS Capital. 16 May 2018
Insurance
The Lloyd’s Corporation has decided to direct underwriters in the market to terminate any existing programmes involving the National Rifle Association of America (NRA). 9 May 2018
Insurance
Munich Re has benefitted from low major losses in the first quarter of 2018, lifting its net profit to €827 million from €557 million in the first quarter of 2017. 8 May 2018
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