US treasury

US to sign post-Brexit insurance pact with UK

2018-12-12T11:52:00+00:00

The US Treasury and US Trade Representative’s office said on Tuesday they intended to sign a new bilateral insurance agreement with the UK that will provide insurance market regulatory certainty and continuity after Britain leaves the European Union. 

Bermuda, Hamilton

Enstar partners with Allianz and Hillhouse to form $470mn Class 4 Bermudian reinsurer

2018-12-12T08:28:00+00:00

Enstar has entered into a joint venture to invest in Enhanzed Re - a Bermuda-based Class 4 and Class E reinsurer.

Albert-Benchimol

Benchimol to remain at Axis until 2023

2018-12-12T08:51:00+00:00

Axis has extended the contract of its CEO Albert Benchimol by a further five years, with the exec now set to remain at the helm of the Bermudian carrier until the end of 2023.

Brexit referendum uk 1468255044b ix

Liberty receives regulatory nod for Luxembourg hub

2018-12-12T12:43:00+00:00

Liberty Specialty Markets, has received a licence for its European insurance company Liberty Mutual Insurance Europe SE (LMIE) to operate from Luxembourg.

Aviation

Starr continues aviation expansion drive with Brazil operation

2018-12-12T11:52:00+00:00

Starr Insurance Companies’ Brazilian subsidiary has been granted a local license to offer aviation insurance.

Bermuda, Hamilton

Enstar partners with Allianz and Hillhouse to form $470mn Class 4 Bermudian reinsurer

2018-12-12T08:28:00+00:00

Enstar has entered into a joint venture to invest in Enhanzed Re - a Bermuda-based Class 4 and Class E reinsurer.

Albert-Benchimol

Benchimol to remain at Axis until 2023

2018-12-12T08:51:00+00:00

Axis has extended the contract of its CEO Albert Benchimol by a further five years, with the exec now set to remain at the helm of the Bermudian carrier until the end of 2023.

Brexit referendum uk 1468255044b ix

Liberty receives regulatory nod for Luxembourg hub

2018-12-12T12:43:00+00:00

Liberty Specialty Markets, has received a licence for its European insurance company Liberty Mutual Insurance Europe SE (LMIE) to operate from Luxembourg.

Aviation

Starr continues aviation expansion drive with Brazil operation

2018-12-12T11:52:00+00:00

Starr Insurance Companies’ Brazilian subsidiary has been granted a local license to offer aviation insurance.



Denis-Kessler-scor

Scor rewarded for traditional early 2019 retro renewal

Tier one global reinsurer Scor has been rewarded for its traditional early renewal of its annual P&C retro program by renewing its core XoL coverage before the November California wildfires and benefiting from a more favorable pricing environment, The Insurer can reveal.

Largest-Mercury-General-reinsurers-($mn)-i

Cali wildfire disclosures, data now pointing to circa $15bn loss

2018 now appears odds on to have exceeded last year in terms of insured losses from the California wildfires following a series of disclosures and loss estimates late last week.

Ardonagh-debt

Ardonagh debt weighs heavily as UK broker sells assets

*Debt yielding circa 11 percent ** New $235mn bond takes issuance beyond £1bn *** Acquires Nevada 3 assets at near 30 percent premium to cost

Denis-Kessler-scor

Scor rewarded for traditional early 2019 retro renewal

Tier one global reinsurer Scor has been rewarded for its traditional early renewal of its annual P&C retro program by renewing its core XoL coverage before the November California wildfires and benefiting from a more favorable pricing environment, The Insurer can reveal.

Largest-Mercury-General-reinsurers-($mn)-i

Cali wildfire disclosures, data now pointing to circa $15bn loss

2018 now appears odds on to have exceeded last year in terms of insured losses from the California wildfires following a series of disclosures and loss estimates late last week.

Ardonagh-debt

Ardonagh debt weighs heavily as UK broker sells assets

*Debt yielding circa 11 percent ** New $235mn bond takes issuance beyond £1bn *** Acquires Nevada 3 assets at near 30 percent premium to cost



The ILS Holy Grail

The Holy Grail of secondary market cat trading…

The holy grail of creating a truly liquid trading instrument for catastrophe risk has been pursued by innovative marketeers for more than 25 years.

Hong Kong city skyline

The CatCo crunch…

*1.1 Retro quotes being re-priced ** Ajit’s phone “already ringing” *** Late renewal just got a lot tougher

Brexit-megaphone

Brexit – continuing to be heard

London market lobbying group LMG says there is much work to be done ahead of “Brexit” regardless of what occurs in Westminster next week

The ILS Holy Grail

The Holy Grail of secondary market cat trading…

The holy grail of creating a truly liquid trading instrument for catastrophe risk has been pursued by innovative marketeers for more than 25 years.

Hong Kong city skyline

The CatCo crunch…

*1.1 Retro quotes being re-priced ** Ajit’s phone “already ringing” *** Late renewal just got a lot tougher

Brexit-megaphone

Brexit – continuing to be heard

London market lobbying group LMG says there is much work to be done ahead of “Brexit” regardless of what occurs in Westminster next week