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Sompo International Holdings has launched a new brand campaign and tagline, “Promise. Trust. Protect. At the center of everything we do.” 19 November 2020
News
Convex Group has secured commitments for an additional $1 billion of equity capital, subject to the requisite regulatory approvals. 18 November 2020
News
Enstar Group and Stone Point Capital have signed definitive agreements to sell StarStone Underwriting, the Lloyd’s managing agency, to Inigo, together with the right to operate Lloyd’s Syndicate 1301. 18 November 2020
Life
Arch Insurance has hired Stephen Ruschak as executive vice president for surety. 18 November 2020
News
The Caribbean Catastrophe Risk Insurance Facility (CCRIF) will make a payout of $10.7 million to the Government of Nicaragua following the passage of Tropical Cyclone Eta. 18 November 2020
News
The Association of Bermuda Insurers & Reinsurers (ABIR) has entered a strategic partnership with Bermuda College and New York’s St. John’s University, Maurice R. Greenberg School of Risk Management, Insurance & Actuarial Science, to develop diversity, equity and inclusion initiatives. 18 November 2020
ILS
Only 5 percent of ILS end investors are attracted to the idea of investing in securitised cyber risk, according to the new Global Insurance-Linked Securities Market Survey Report from Willis Towers Watson. 18 November 2020
News
The global modeled insured average annual loss from catastrophes is nearly $100 billion worldwide in 2020, according to AIR Worldwide’s 2020 Global Modeled Catastrophe Losses report. 17 November 2020
News
AXA XL has partnered with COMPASS to expand its subcontractor default insurance (SDI) business in North America with new prequalification tools for its construction clients. 17 November 2020
News
A proper understanding and integration of environmental, social and governance (ESG) factors is increasingly critical to the long-term viability of re/insurance companies, according to research by AM Best. 16 November 2020
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