In the ‘Best’s Briefing’, it explained that the current catastrophe bond market exists primarily to provide reinsurance for catastrophic events like Hurricane Irma
Canada Life Reinsurance has entered into a long-term reinsurance agreement to cover the longevity risk on £1.7 billion of liabilities for pension members of the Marsh & McLennan Companies (MMC) UK Pension Fund
Insurers are increasingly concerned about “silent cyber” exposure, a recent Willis Re poll revealed.
The results suggested that the levels of growth were profitable and in line with historical averages, marking it the fifth year of above-par operating results
A.M. Best continues to hold its outlook for the reinsurance sector at "negative", suggesting the ongoing market challenges “hinder” the potential for positive ratings action
According to the insurance investor, the favourable results were aided by commutation activity in the US and favourable development in certain captive accounts
Nayler will report to Charles Beresford-Davies, risk management practice leader for the UK and Ireland
The state of Hawaii has promoted Andrew Kurata to acting insurance administrator for the department of commerce and consumer affairs insurance division
