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Hamilton Re makes cat bond debut
The reinsurer has secured $60mn of protection against named storms and earthquakes in the US from the capital markets.
Emmanuel Kenning
,
June 20, 2019
Allstate pegs May cat losses at $473mn
The American carrier identified 14 catastrophic events, with one accounting for half the total losses.
Samuel Casey
,
June 20, 2019
Turk swaps JLT for NFP
The former JLT Group executive has joined expansive NFP to oversee its West region in the US.
Christopher Munro
,
June 19, 2019
Victor appoints Hanuschak North America president
Hanuschak replaces CEO Schaper, who is leaving to join AIG Re.
Bernard Goyder
,
June 19, 2019
AIG Re launches with Marsh’s Schaper joining as CEO
The new platform combines all of AIG’s assumed reinsurance units into one.
Christopher Munro
,
June 19, 2019
Ex-Guy Carp execs who joined TigerRisk in legal limbo
Kevin Feldman and Elliott Freer remain subject to conflicting court rulings in New York and California over their move.
Christie Smythe
,
June 19, 2019
Lloyd’s approves half of 34 syndicate capacity increase requests
Of the 34 syndicate requests to increase capacity, Lloyd’s performance management directorate has agreed to half.
Christopher Munro
,
June 19, 2019
Flock launches drone fleet product
It is being launched to UK-based companies with liability limit of up to £25mn ($31.3mn).
Anna Sagar
,
June 19, 2019
Citizens approves capped rate rises following AOB reform
The board approved a 2.3 percent increase for homeowners’ multiperil cover.
Laura Sanicola
,
June 19, 2019
Expiry of terrorism programme could cause ‘capacity shortfalls’: Marsh
The broker testified in Congress in support of the renewal of the Terrorism Risk Insurance Program Reauthorization Act.
Laura Sanicola
,
June 18, 2019
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