News
ILS
Despite a concerted effort to hold fast against competition from the convergence sector, underwriting discipline may be waning as levels of alternative capital intensify, a report from AM Best has found. 4 April 2014
News
Allied World US has launched Privacy//403, a coverage solution for sensitive information in the event of a data breach. 3 April 2014
News
Despite the strength of the magnitude 8.2 earthquake that struck off the coast of Chile, insured losses are expected to be negligible, according to reports from AIR. 3 April 2014
News
While it is expected a slightly revised TRIPRA will be signed into law, the government backstop and the bundling of risk is causing some US insurers to lose sight of potentially dangerous aggregations. 2 April 2014
News
Kiskadee Investment Managers the ILS asset management subsidiary of Hiscox Re, has appointed Richard Lowther as COO and Alan Cossar as non-executive chairman of the two new Kiskadee ILS funds managed by Kiskadee Investment Managers. 2 April 2014
News
The energy insurance market is “buzzing with talk of softening”, a new report by Marsh has found, with overcapacity and a lack of major losses creating a volatile and competitive marketplace. 2 April 2014
News
Enstar Group and Stone Point Capital have completed their acquisition of Torus Insurance Holdings, in the largest such transaction undertaken by Enstar. 1 April 2014
News
Watford Re has announced that it has completed a $1.13 billion capital raise that provides some indication of investor appetite for reinsurance stock. 1 April 2014
News
Reinsurance pricing fell almost universally at the April renewals, a report by Willis Re has found, with the downward trend seen at January 1 continuing to accelerate. 1 April 2014
News
Argo International, Argo Group’s Lloyd’s platform, has appointed Greg Walters as class underwriter for its onshore energy account. 1 April 2014
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