Reinsurance
Financial Market Volatility of Russia-Ukraine War Likely to Impact European Insurers
According to Fitch Ratings, the Russia-Ukraine war is more likely to affect the European insurance sector through second-order financial market volatility than through direct effects from sanctions. ...
How Lloyd’s is Responding to Events in Ukraine
Russia and Belarus represent less than 1 percent of business transacted by Lloyd's of London, the commercial insurance market said, adding that it would look to curtail Russian exposure in several of ...
Swiss Re, Allianz, WTW Cutting Russia Ties
Allianz and Swiss Re said on Monday they were cutting back on Russian business as European financial institutions turn their backs on Russia. The German insurer and Swiss reinsurer join banks ...
ILS for Casualty: The Backstory of Ledger Investing
In the aftermath of Hurricane Andrew's $15.5 billion in insured losses in 1992, insurance-linked securities emerged to distribute a portion of future property-catastrophe risk to investors. At the ...
James River Reserve Charge, ‘Strategic Actions’ Won’t Damage AM Best Rating
AM Best announced on Tuesday that the rating agency won't change the A- (Excellent) financial strength ratings for the operating subsidiaries of James River Group Holdings, Ltd., a day after the ...
Ukraine Invasion Analysis: AM Best Sees ‘Significant Implications’ for Insurers
AM Best believes that Russia's invasion of Ukraine could have a "substantial impact" on the world's insurance industry in the near to midterm, the rating agency said in a report published on Friday. ...
Cyber Market Primed to Grow and Eclipse Property by 2040: Gallagher Re
Following a pause to stabilize the vessel, the cyber market is poised for a wave of growth that could make it larger than the property-catastrophe market by 2040, said Gallagher Re. In fact, if the ...
Executives on the Move at National Interstate, BHSI, Conduit Re, At-Bay
National Interstate Insurance Company, a member of Great American Insurance Group, has promoted Shawn V. Los to president and chief operating officer. Los joined National Interstate in 2001 as an ...