News
Alternative Risk Transfer
ILS investors have been battered by a series of trials in recent years including losses, loss creep, trapped capital and disappointing rate increases. Some may have paused for thought, but there is no sign of the majority walking away yet. Intelligent Insurer reports. 15 October 2019
News
Further mergers are likely among service companies in the growing Insurance Linked Securities (ILS) space. 11 October 2019
News
The International General Insurance Holdings Company (IGI) has confirmed a deal with Tiberius Acquisitions Corporation, a publicly traded special purpose acquisition company, that will result in the public listing of IGI on the Nasdaq Capital Market under the symbol ‘IGIC’. 11 October 2019
Insurance
Trident Marine Managers, a managing general underwriter for the specialty marine and offshore energy industries and a part of Ryan Specialty Group (RSG), has establishes a new office in Lodi, California, and appointed Jeana Ramos as director of underwriting. 11 October 2019
Insurance
Few disagree that John Neal, the chief executive of Lloyd’s for a year, has done much to move the market in the right direction. But the sheer scale and complexity of his task raises questions of whether the overall war can be won. Intelligent Insurer gauged the views of the market around the future of Lloyd’s. 10 October 2019
Insurance
Bermuda-based James River Group Holdings has given notice of early cancellation of all insurance policies issued to Rasier - its largest customer and an affiliate of ridesharing company Uber Technologies. 9 October 2019
Insurance
London-based insurtech, called Artificial, has launched the Artificial Beta Community project to shape the future of insurance software by uniting underwriters, brokers and MGAs with the company’s own team of data and machine learning experts. 8 October 2019
Insurance
Bermuda-based re/insurer Arch Capital Group is expecting approximately $65 to $75 million (pre-tax) losses related to 2019 third quarter catastrophic events. 8 October 2019
Insurance
Fitch Ratings has warned that UK motor and home insurers could see a drop in profits next year as the regulator, the Financial Conduct Authority (FCA), moves to end high prices for customers who do not shop around for a better deal. 8 October 2019
Insurance
The Hanover Insurance Group has launched a new stand-alone, non-admitted cyber offering for commercial lines agents and their clients. 8 October 2019
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