| Register for our Prospectus 2021 conference Iordanou & Hendrick's Vantage to launch Vantage, a new insurance and reinsurance start-up business is being brought to market. Delta insured loss to onshore properties will near $1.25bn KCC says that $950mn relates to wind & storm surge losses in the US, and $300mn to wind in Mexico. Derecho insured property loss seen at $5bn by Holborn The Derecho struck the Iowa and Illinois region on August 10th, resulting in severe thunderstorms. P&C premiums to rebound by 3.8% in 2021 Swiss Re's Chief Economist, Jerome Haegeli, explores the potential for non-life market growth. | Sponsored by Swiss Re |  | Cyber reinsurance
The market is not sitting idly by, and rates have shown signs of strengthening since the fourth quarter of 2019. |  | Extreme heat in Europe
Over the last few years, drought-related cats have been responsible for some of the biggest uninsured losses around the world. | Capital influx could derail prolonged firming of reinsurance Moody's warns that an influx into ILS does have the potential to make it more short-lived. Munich Re Specialty Insurance adds CUO Elizabeth Kramer, formerly of Zurich North America, joins as its new Chief Underwriting Officer (CUO). Nexus partners with Crum & Forster As part of the deal, C&F will work with Nexus to establish a platform in London.  Elementum hires Ahmed from Axis Re Shabnam Ahmed joins as Senior Vice President, Underwriting in Bermuda. Howden to acquire majority stake in ADRISA The deal will see the two companies merge, with Jose Luis Ordás becoming Executive Chairman. AM Best lends weight to pandemic backstop Analysts noted that insurers are likely to face significant reserve uncertainty Parametrics to grow in areas where indemnity models struggle: panellists ILS Convergence panellists noted an ongoing need for innovation in an ever-changing environment. BoE reaches out to insurers on negative interest rates Interest rates in the UK and elsewhere have reached historically low levels since the financial crisis. US social inflation continues to erode reserving buffers: Jefferies Social inflation has, say analysts, resulted in persistent eroding of reserving buffers. Congress should bring ILS issuance onshore to the U.S. – Syroka, Fermat there are clear benefits for the US Gov were it to foster an onshore marketplace for ILS. Zurich to acquire HealthLogix & HealthInsite The companies, jointly known as HLX, will be acquired from the founders.  Insurer optimism is growing but regulatory interventions a challenge: survey The survey notes continued challenges from regulatory interventions for insurers and brokers. Lockton to leverage CyberCube's risk analytics platform CyberCube has designed Broking Manager specifically to the needs of the broking space. Generali (GC&C) appoints Alan Moore as UK Branch General Manager Reporting to CEO Manlio Lostuzzi, Moore will also retain his current role as Head of GC&C UK. John Ludlow steps down as Airmic CEO He will remain in the position until a successor is appointed, with the handover expected in Q1 2021. BILTIR adds Kevin Hovi to board Hovi currently serves as president and Chief Financial Officer of Kuvare Life Re. Mercury launches two programs to protect Californians from wildfires Policyholders will also have the option for Mercury to cover damages from other perils. Artex vehicle issues $30m private cat bond Total private cat bond issuance for 2020 has now reached almost $320 million. 
| 
No comments:
Post a Comment