Operations/tech
-
Guy Carpenter will rebrand as Marsh Re, as a new central tech/operations unit is created. -
The ILS services specialist has worked in the ILS market in Bermuda for 10 years.
-
It is understood that CyberCube has been considering a sale of the business.
-
Insurers must write policies in high-risk areas in order to incorporate the model.
-
The fund’s ILS portfolio is split between 70% property cat and 30% cyber risk.
-
The business offers parametric windstorm coverage.
-
Indirect exposure to cat risk through long-term investors gives Markel optionality.
-
-
HCI will now consist of two operating units – the other being its four underwriting entities.
-
The broker also plans to hire from LSN Re and Aon Re, as part of a build-out of its team in the French capital.
-
The company’s reinsurance premiums ceded fell by 58% to $149mn.
-
Fee income fell by 42% to $25.1mn in Q3 over the prior-year quarter.
-
Artex said the solution should allow for the expansion of services in the Middle East and Africa.
-
Better performance data and clarity around entry are key, report says.
-
Relentless focus on annual outcomes provides a packaging that doesn’t fit the purpose.
-
Revenue, country and industry sector drive modelled output divergence.
-
Exposure updates played a greater role than expected.
-
The vulnerability updates are the biggest driver of loss changes.
-
SCS accounted for nearly two-thirds of global first-half catastrophe losses.
-
Demex said its RCR Re platform enables cedants to buy reinsurance for secondary peril risks that aggregate over time.
-
The largest loss of the year outside the US was the Australia flooding in February and March.
-
The modelling firm has introduced a slew of tweaks and new additions to its nat-cat suite.
-
Lenders, business owners and investors can assess the impact of climate driven shifts.
-
The company aims to make its services more recognisable
