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Liberty Mutual Re (LM Re) has appointed Sara Steiner as vice president and director of assumed reinsurance. 29 June 2020
News
Golden Tree Reinsurance has been awarded a financial strength rating of B+ with a stable outlook by AM Best. 29 June 2020
News
The financial guaranty business drove an increased year on year loss for American Overseas Group (AOG) in 2019, despite a healthy increase in property and casualty premiums. 29 June 2020
News
Global Indemnity will redomesticate its business to the US from its current bases in the Cayman Islands and Bermuda. 26 June 2020
News
The Caribbean Catastrophe Risk Insurance Facility (CCRIF) has paid $203,136 to the Government of Belize on its excess rainfall parametric insurance policy, following three days of heavy rains during Tropical Storms Amanda and Cristobal. 26 June 2020
News
Bermuda will end its state of emergency on June 30 as it reopens its economy. 26 June 2020
Re/insurance
Many cannabis companies initially viewed insurance as an expensive necessity they required to satisfy investors and fulfil regulatory compliance, but there is a growing understanding of its importance as a risk management tool, says Skyfront Bermuda’s Neil Hitchcock. 25 June 2020
Life
UK-based flood forecasting insurtech Previsico has appointed Matthew Grant, formerly of RMS, as a board advisor. 25 June 2020
ILS
A secondary market for ILS can only emerge once the broader market fully embraces electronic platforms, according to Brad Adderley, a partner at Appleby in Bermuda. 25 June 2020
ILS
Willis Re Securities and Willis Re have structured and placed €100 million of insurance-linked securities (ILS) for Achmea Reinsurance Company, the reinsurance arm of Dutch insurance group Achmea. 24 June 2020
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