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High general liability losses are cause for concern despite modest improvements in other lines.
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The reinsurer confirmed Andrew Phelan’s exit, as of 15 May.
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Companies often purchase policies with limits far exceeding their actual exposure needs.
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From our other titles
From our other titles
From our other titles
From Insurance Insider US
Compre appoints HSCM’s Bardon to newly created CUO role
Rachel Bardon will also join the board of Compre's Bermuda-based reinsurer Pallas Re.
In Partnership With
Swiss Re Corporate Solutions
From Insurance Insider
Climate change remains a ‘pervasive threat’ to economy: Swiss Re CorSo North America CEO McGrath
Parametric insurance and multi-year, multi-line structured solutions are two tools that can help insureds manage natural catastrophes, said Katie McGrath, regional CEO of North America for Swiss Re Corporate Solutions.
From Insurance Insider ILS
State Farm, Citizens and Twia mull mega-bond deals equal to ~$3bn
The mega cat bond season in Q2 last year recorded issuance of $8.2bn.
From Insurance Insider ILS
Casualty ILS market can double annually in next two years: MultiStrat CEO
Industry sources estimate the market to be around $3bn.
From Insurance Insider
Arcas promotes Deane to MD, head of US
The firm also promoted Devin Inskeep to an expanded role as SVP, head of ratings and advisory.
In Partnership With
Falvey Insurance Group
From Insurance Insider
‘Successful MGAs Must Bring Real Value’: Falvey
Jack Falvey, CEO of Falvey Insurance Group, talked to Insider on Air about what sets his MGA apart in an increasingly crowded field and why “just having relationships” isn’t enough anymore.

Insurance Insider provides robust insights, sharp analysis and exclusive news on the global insurance-linked securities market.

Insurance Insider ILS provides robust insights, sharp analysis and exclusive news on the global insurance-linked securities market.