Insurance Linked Securities in 2019: Asking the Right Questions September 11, 2019 By Paresh Thakrar The record losses we saw in 2017 and 2018 were felt heavily by the insurance industry, and there is no...
3 Industry Veterans Relish Fresh Start for Their Latest Legacy-Free Ventures September 10, 2019 By L.S. Howard Although the insurance market is awash with capacity and competition, two new specialty companies—a re/insurer and a broker—formed earlier this...
Nephila Launches Independent Lloyd’s Managing Agency September 10, 2019 Nephila Capital, the Bermuda-based specialist ILS re/insurer and investment manager, has received UK regulatory approval to establish its own Lloyd’s...
India’s Reliance Capital Ends Talks to Sell Its General Insurance Unit September 10, 2019 By Baiju Kalesh and P R Sanjai Reliance Capital Ltd. has called off a sale of its general insurance unit to Hero Fincorp, forcing embattled Indian tycoon...
Marsh Appoints Smith as Chairman and CEO of UK Aviation Practice September 10, 2019 Marsh announced the appointment of Andy Smith as chairman and CEO of its UK Aviation Practice, within Marsh JLT Specialty....
Hurricane Dorian Insured Losses in Caribbean from Wind, Storm-Surge Could Hit $6.5B September 10, 2019 Insured losses in the Caribbean from Hurricane Dorian is estimated at $3.5 billion to $6.5 billion, according to RMS, the...
UK Government Will Not Delay Brexit, Says PM Johnson September 10, 2019 By William James and Kylie MacLellan Prime Minister Boris Johnson said on Tuesday he would not request an extension to Brexit, hours after a law came...
Typhoon Faxai Makes Landfall in Tokyo Area, Killing 1, Disrupting Travel September 10, 2019 By Haruka Nuga A typhoon blew across the Tokyo metropolitan area Monday morning, killing one person and causing dozens of injuries, while disrupting...
China Regulator Puts Cap on Insurers’ Investments in Shareholders September 9, 2019 China’s banking and insurance regulator put a cap on Monday on how much insurance firms can invest in their shareholders,...
Guy Carpenter Names Priebe as Chairman September 9, 2019 Guy Carpenter & Co., LLC, the global risk and reinsurance specialist and a wholly owned subsidiary of Marsh & McLennan...