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Tech-focused startups are targeting the $15 billion title insurance industry that’s dominated by just four companies, according to an Aug. 22 Bloomberg News report. 23 August 2018
News
A group of 18 US property/casualty reinsurers wrote $30.1 billion of net premiums during the six-months ended June 30, 2018, compared to $22.5 billion for the same period in 2017, according to data released by the Reinsurance Association of America (RAA). 22 August 2018
Alternative Risk Transfer
Lloyd’s agencies want insurance-linked securities (ILS) as a permanent re/insurance market fixture, according to a survey by the Lloyd’s Market Association (LMA). 14 August 2018
Insurance
Insurtech, new risks and the growing involvement of the capital markets are all making the re/insurance industry more attractive to young people—and they look increasingly critical to its future. As part of a wider feature available online, Intelligent Insurer speaks to 45 young executives—all under 35—destined for success within this evolving sector. 13 August 2018
Insurance
Munich Re has reduced the reinsurance business in the second quarter of 2018 driven by the life and health (L&H) operations. 8 August 2018
News
Bermuda-based Aspen has appointed Emil Issavi, president and chief underwriting officer of Aspen Re, to lead its reinsurance business, succeeding CEO Thomas Lillelund. 8 August 2018
Insurance
S&P Global Ratings has placed the 'A-' ratings of Swiss Re ReAssure (SRRAL) on Credit Watch Negative, following the announcement by its parent Swiss Re Group that it is exploring the possibility of an initial public offering (IPO) of the UK closed-book consolidator ReAssure (not rated). 8 August 2018
Insurance
Zurich Insurance has appointed Saad Mered to CEO and chief agent of Zurich Canada. 8 August 2018
Insurance
US property/casualty insurer Travelers Companies' chief financial officer (CFO) Jay Benet, who has held the position since 2002, is stepping down and will be succeeded by Daniel Frey. 8 August 2018
Insurance
Munich Re has grown premium volume by 42 percent year on year to about €3.3 billion in the 1 July 2018 renewals. 8 August 2018
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