News

News

Speedy resolution the key to the success of parametric products: Stonybrook Capital

Parametric triggered products such as insurance loss warranties (ILW) are gaining in popularity because of the simple and speedy resolution of payments, according to Joe Scheerer, principal and chief executive officer at Stonybrook Capital.   12 March 2021

News

CEOs cite pandemics as top concern in 2020, knocking overregulation off top spot, says PWC survey

Pandemics and health, cyber risk, tax and misinformation have been cited as the top challenges for business by PwC’s 24th annual Global CEO Survey.   12 March 2021

News

Aspen enters three sponsorship partnerships to promote diversity and inclusion

Aspen Insurance Holdings has entered into three sponsor partnerships as part of its commitment to increasing and promoting cultural awareness, diversity and inclusion across its business.   11 March 2021

News

Chubb launches Robert M Hernandez Scholarship to promote diversity

The Chubb Charitable Foundation has established the Chubb Robert M Hernandez Scholarship for undergraduates studying risk management and insurance (RMI) at Georgia State University's Robinson College of Business.   11 March 2021

News

Gallagher Re beefs up its legacy capabilities

Gallagher Re has named Andrew Rothseid, a former commercial trial lawyer who served as general counsel of Bermudian and US property and casualty run-off insurers and reinsurers, as partner and head of legacy, a new role.   10 March 2021

News

Davies acquires Texas-based claims management group

Davies Group has acquired The Littleton Group, a Texas-based provider of third party administration and claims adjusting services for insurance carriers, managing general agents, captives and other businesses.   10 March 2021

News

Mosaic begins writing war, terrorism and political violence coverage from London and New York

Mosaic, the specialty insurer with operations in Bermuda, London, the US and Asia, has commenced underwriting war, terrorism and political violence risks globally out of offices in London and New York.   9 March 2021

News

Athene to merge with Apollo, cementing long standing partnership

Apollo and Athene have agreed to merge in an all-stock transaction that implies a total equity value of approximately $11 billion for Athene.   9 March 2021

ILS

ILS issuance doubles in 2020, perils increasingly diversified: Swiss Re

Over $11.3 billion of insurance linked securities (ILS) were issued in 2020 making it a record year for new issuance, up over 106 percent on the levels seen in 2019, according to Swiss Re’s 34th ILS Market Insights report.   9 March 2021

News

BMS Re snares Conning business development executive

BMS has appointed Ryan Saul as senior vice president at BMS Re.   8 March 2021

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