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Sirius International’s second quarter results were hit by prior year loss reserves relating to Typhoon Jebi but it continued to enjoy steady growth and said its underlying business is performing well. 12 August 2019
ILS
The insurance-linked securities (ILS) market decreased in size in the second quarter of 2019 partly because loss creep from prior year catastrophe events has dented investor confidence. 12 August 2019
News
Everest Re Group has named the successor to its existing CEO who will start from the start of 2020. 12 August 2019
ILS
Hiscox has boosted its reinsurance and insurance-linked securities (ILS) teams with several appointments. 12 August 2019
News
AM Best has upgraded PartnerRe’s financial strength rating to A+ (Superior) from A (Excellent). 12 August 2019
News
A new reinsurer has formed on Bermuda focused on acquiring active and run-off blocks of annuity business and other forms of long-term life insurance liabilities. 12 August 2019
ILS
New opportunities and challenges are on the horizon as the ILS sector looks to help manage everything from cyber risk to cryptocurrency and intangible assets, says Peter Dunlop at Walkers Bermuda. 12 August 2019
News
Bermuda-based Sompo International Holdings has announced that Sompo Global Risk Solutions (GRS) has formed a new team offering insurance solutions to smaller businesses in the US and Mexico, including its industry vertical and Asian interest accounts. 9 August 2019
News
Randall & Quilter Investment Holdings (R&Q) has announced the issuance of a loss portfolio transfer reinsurance covering workers’ compensation, product, auto, and general liability risks. 9 August 2019
ILS
As reinsurance and ILS have become more sophisticated, so have some of the collateral solutions they rely on. Robert Quinn of Wilmington Trust reflects on the evolution of these industries. 9 August 2019
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