| Register for our Prospectus 2021 conference RSA decides not to appeal against BI ruling RSA will not fight the verdict of the COVID-19 business interruption case put forward by the FCA. Kathleen Reardon named CEO Hiscox Re & ILS She will succeed Mike Krefta, who is due to step down in early 2021. W.R. Berkley posts 93.7% combined ratio for Q3 despite cat impacts The company reported operating income of $121.1 million, down slightly from last year. Above average 2020 catastrophe losses driven by frequency: Jefferies Further losses may fall to reinsurance capital if the trend towards more frequent loss events continues. BMS adds Miller, Howard as VPs within US fac division Denny Miller and Jessica Howard both join BMS from Willis Towers Watson. CRESTA launches its global catastrophe industry loss index – CLIX CLIX promises to cover all natural catastrophe loss events that cost re/insurers more than $1 billion. Peak Re adds Swiss Re's Clarence Wong as Chief Economist He takes on responsibility for delivering strategic insights on economic, insurance and emerging risk. Cyber ILS need to be repeatable, scalable & sensible: Johansmeyer, PCS There could be a role for ILS in the cyber sector, but a few things have to change first, says Johansmeyer.  Munich Re backs EQ One's earthquake solutions Additional capacity from Munich Re will enable EQ One to write larger earthquake risks. Chubb adds Alex Forman as casualty manager for UK & Ireland Joining from Swiss Re CorSo, Forman will oversee the growth of Chubb's UK&I Casualty portfolio. CRC Group makes senior leadership changes Mike Brennan will take over as CEO of Commercial Solutions and Neil Kessler will be President & COO. Heather Clarkson joins LIIBA board Clarkson is Divisional CEO, Specialty at Ed and will replace Andrew Draycott. Root, the auto insurtech targeting a $1bn+ IPO, uses ILS for aggregate reinsurance Root confirmed it uses ILS-backed reinsurance capacity to help manage volatility in its business. Gallagher recruits Market Management Director from Zurich Nick Price will support Gallagher's Retail division in managing insurer relationships. Hannover Re US, insurtech Ladder announce partnership growth The partnership has previously involved risk management solutions & underwriting consultation. Average premium renewal rates up through Q3: IVANS Rates increased year-on-year but were relatively flat compared to Q2.  Pandemic risk bigger than reinsurance & ILS Paul Schultz of Aon Securities said broader capital market support is required. Munich Re's HSB expands Cyber Suite New services include security scans and computer system upgrades to help prevent cyber crimes. Genworth back for second mortgage ILS, $350m Triangle Re 2020-1 Genworth first tapped the capital markets for mortgage reinsurance capacity in November 2019. Kemah Capital enters US marine market The specialty lines MGA will initially offer a recreational yacht insurance product. AXA XL's New Energy Risk insures fuel cell project in South Korea An insurance solution will facilitate the purchase and financing of fuel cells by Bloom Energy. SageSure launches commercial insurance products for coastal businesses The insurtech will offer a new line for underserved coastal markets, starting in South Carolina. Whitespace announces new Advisory Board Executives from Ascot, Convex, Chubb and others will advise the digital e-trading platform. New Mexico state pension adds $25m to ILS Capital allocation: Report The pension already had a $125 million allocation to the Management's flagship 1609 Fund. 
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