Reinsurance
What Happened to Hedge Fund Reinsurers?
The latest group of reinsurers to emerge in the Bermuda market is starting to look different. Even the name that once described the cohort has changed in the past five years. And at least one member ...
Top Shipping Insurance Group Won’t Cover Russia, Turkish Pipelines Over U.S. Sanctions Risk
The world's largest group of shipping insurers will not insure vessels involved in the Russian-led Nord Stream 2 and TurkStream gas pipeline projects because of the threat of U.S. sanctions. ...
Insurers May Slash Allocations for Hedge Fund Investments After Dismal Pandemic Performance
Having complained for years about hedge funds' high fees and lackluster performance, insurance firms may be preparing to cut allocations to the sector after its poor performance during recent market ...
Executives On The Move at Beazley and PartnerRe
Specialist insurer Beazley has fleshed out its U.S. Executive Risk team with new hires in New York, Boston and San Francisco. PartnerRe Ltd. appointed a new Head of Retrocession along with two new ...
Insurers, Banks Wait for Regulatory ‘Brexit’ Dividend in UK
Britain will adopt tough but less bureaucratic financial rules after Brexit, starting with simpler regulation of small banks, Bank of England Deputy Governor Sam Woods said on Tuesday. Britain will ...
Reinsurance Demand Rises, Along with Flight to Quality, Say Industry Experts
Not only has reinsurance buying increased, but there also has been a flight to quality reinsurers by ceding insurance companies, according to several reinsurers and brokers in recent webinars held in ...
EasySend Raises $16M for ‘No Code’ Digitization Platform
InsurTech EasySend has raised $16 million, and the startup will use the money to fuel a global expansion of its AI-based platform designed to help insurers and others digitize their processes without ...
Catastrophe Losses Driven Higher by Secondary Perils – And Climate Change
Secondary perils, exacerbated by climate change, are driving catastrophe insurance losses, warn a growing chorus of reinsurers and brokers. Indeed, broker Aon reveals that more than 60% of 2020's ...