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AXIS Capital Holdings has appointed Keith Schlosser as chief information officer (CIO). 17 January 2019
ILS
New York-based mutual fund firm Rational Funds aims to bring the benefits of insurance-linked securities (ILS) to the mutual fund market with the launch of Context Insurance Linked Income Fund (ILSIX). 16 January 2019
News
Hiscox Re, along with Japanese re/insurance group MS&AD, have invested in AkinovA, an electronic marketplace for the transfer and trading of re/insurance risk. 16 January 2019
News
Argo Group's European subsidiary ArgoGlobal Assicurazioni has partnered with Italian insurance broker Axieme to provide on-demand insurance for temporary and short-term workers in Italy. 15 January 2019
ILS
Investors that purchased Markel Corporation securities between July 26, 2017 and December 6, 2018, have filed a class action lawsuit against the re/insurance holding company, alleging they were misled regarding the company's financial condition. 15 January 2019
News
2018 was the fourth highest annual catastrophe loss year on record, however its overall impact on property rates was limited, raising questions over pricing adequacy, underwriting strategy and available capital, according to Guy Carpenter's annual renewal report. 14 January 2019
News
Hong Kong's Securities and Futures Commission (SFC) has reprimanded and fined FWD Life Insurance (Bermuda) HK$2.4 million ($306,142) for non-compliance with investment experience requirements. 14 January 2019
News
Arch Capital Group has estimated pre-tax losses of $110 million to $130 million related to 2018 fourth quarter catastrophic events. 11 January 2019
News
Premia Holdings has acquired Public Service Insurance Company (PSIC) and its wholly-owned subsidiary Western Select Insurance Company (WSIC) from the Director of the Illinois Department of Insurance, acting in her capacity as statutory and court affirmed Rehabilitator for PSIC. 11 January 2019
ILS
Against a backdrop of Californian wildfires and other 2018 catastrophe losses, along with trapped capital from 2017 events has contributed to November being the worst performing month for ILS funds, according to the December ILS market report by ILS Advisers based on the Eurekahedge ILS Advisers Index by Stefan Kräuchi and David Yao. 10 January 2019
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