Content from L.S. Howard
Global Reinsurance Capital Remains Resilient Despite Huge Cat Losses: Aon
Global reinsurance capital – comprising traditional and alternative capital – fell 2 percent in 2018 to $595 billion from $605 billion in 2017, remaining resilient in the face of insured natural ...
Liberty Mutual Once Again Taps Capital Markets’ Reinsurance Capacity
Liberty Mutual has once again directly tapped capital markets' reinsurance capacity via the Bermuda collateralized reinsurance sidecar, Limestone Re Ltd. Limestone Re provides approximately $150 ...
Liberty Mutual Forms $1B Risk-Sharing Deal with OPIC, Furthering Diversification Strategy
Liberty Mutual Insurance has formed a $1 billion risk-sharing agreement with the Overseas Private Investment Corp. (OPIC), the U.S. government's development finance institution, which furthers the ...
QBE Group CEO Regan: Role-Modeling QBE DNA to #RampItUp #Together
This article is part of Carrier Management's Cultural Q&A series featured in the Nov/Dec 2018 print edition. Q: Do you spend more time on culture or strategy? Pat Regan, Group CEO, QBE Insurance: ...
SCOR Forces Resignation of Covéa CEO From Board Following Spurned Takeover Bid
French reinsurer SCOR forced one of its board members — Thierry Derez, the CEO of Covéa — to resign this week. It was the culmination of a boardroom squabble that began in September when SCOR ...
For RenRe CEO O’Donnell, Acquiring Tokio Millennium Re Is All About Independence
RenaissanceRe's planned $1.5 billion purchase of Tokio Millennium Re (TMR) reinforces its strategy of being an independent reinsurer, according to Kevin O'Donnell, president and CEO of RenRe. "The ...
Reinsurance Backed by ‘Alternative’ Capital Is Now Mainstream: Willis Towers Watson
The insurance-linked securities (ILS) market is here to stay, said a new survey from Willis Towers Watson. End investors, ILS funds, and buyers – the three groups active in ILS – have ...
Growth vs. Accumulation Disaster: Cyber Reinsurers Mull Both Sides
Cyber insurance is a market with enormous growth potential – but one that also has the potential to become a costly, worldwide event in a matter of seconds. Unlike natural catastrophes, cyber isn't ...