Insurance & Reinsurance

AEGIS Upgrades Coverage on Mine Rescue Claims

The latest update in coverage for mine rescue operations; The Lloyd’s insurance market’s only product writing cover for the rescue of miners trapped underground has more than doubled its available cover from $10m to $25m […]

Insurance & Reinsurance

Markel Launches New Product Suite For Construction Sector

Markel, a leading insurance, tax and legal services provider, has developed a new product for the UK construction sector that combines over 30 years of construction PI experience with its highly specialist ECIC capability, delivering […]

Insurance & Reinsurance

We Are Reaching Nirvana on Reinsurance

Reinsurance rate increases continued for most major lines and territories during the 1.6 and 1.7 renewal period however, in many cases reinsurers had to accept firm order terms below their initial quotes. That indicates that […]

Insurance & Reinsurance

Randall & Quilter Sticks With Atos For Three Years

Randall and Quilter Investments Holdings, a leading nonlife global speciality insurance company focusing on Program Management and Legacy Insurance businesses, has renewed its contract with Atos for a further three years as its core digital […]

Insurance & Reinsurance

WTW Report on Reinsurance Trends 2020-21

Total capital dedicated to the global reinsurance industry measured USD 658 billion at year-end 2020 reflecting 7% year-on-year growth. The rise was driven primarily by strong investment market appreciation. New capital raised both by incumbents […]

Insurance & Reinsurance

Insurers & Brokers Back Oasis Open Source Platform

Open source catastrophe modelling platform Oasis Loss Modelling Framework (Oasis) is pleased to announce significant further investment and support from ten leading re/insurance companies that will increase the choice, efficiency and quality of risk models […]

Insurance & Reinsurance

Riskbook Just Got Superceded, And It’s a Good Thing

Supercede is a powerful, Lloyd’s-approved, data-centric, global trading platform, specifically created for the reinsurance sector. It is a natural evolution of Riskbook’s offering as the first independent, hyperconnected reinsurance marketplace for the efficient matching of […]

Insurance & Reinsurance

MetLife Completes Reinsurance Transactions With L&G

Metropolitan Tower Life Insurance Company, a subsidiary of MetLife, Inc. (“MetLife”), announced it has completed four United Kingdom longevity reinsurance transactions with Legal & General Assurance Society Limited (“Legal & General”) in 2020. “Legal & […]