Financial

AGILE Risk Partners, a specialist and technology focused direct & facultative (D&F) property risk underwriting start-up, has partnered with experienced mapping and data experts HERE Technologies as it seeks to improve the quality of risk data used in underwriting decision-making. AGILE is a combination of broker and underwriter and is looking to advanced technological capabilities…

After a period of relatively low activity over the first half of the year, analysts at Moody’s believe that some alternative capital investors could return to the market based on a combination of hardening prices, low interest rates, and growing clarity on COVID claims. Speaking at a briefing alongside the release of Moody’s Global Reinsurance…

Hyperion X Analytics, the data and technology focused analytics and advisory unit of the global Hyperion Insurance Group, has announced the hiring of experienced insurance and reinsurance sector executive Julian Alovisi as Head of Research. The move continues to build-out of Hyperion X as a best-in-class insurance and reinsurance industry advisory and research house, adding…

Brokers are reporting increasing demand for cyber reinsurance in 2020, across the range of structures available in the market, the latest annual cyber insurance market survey from PartnerRe shows. Bermuda headquartered reinsurance firm PartnerRe has surveyed the cyber insurance market in partnership with Advisen, speaking to 260 cyber insurance brokers and 190 cyber underwriters from…

Hamilton Insurance Group, the Bermuda based insurance and reinsurance holding company, is in the process of developing and establishing a collateralised retrocession offering and third-party capital manager named Ada Capital Management, as it targets the most dislocated segment of reinsurance. Ada Capital Management Limited will be a retro focused collateralized underwriting agent and manager, sitting…

When natural disasters strike around the world the single biggest solution to aid recovery is pre-disaster financing (predominantly insurance or reinsurance based products), with the ability to payout rapidly, according to AXA XL. Working alongside the Centre for Risk Studies (CCRS) at Cambridge Judge Business School, AXA XL has published a report that seeks to…

Akinova, the start-up that aims to create a platform or marketplace for the transfer and trading of insurance and reinsurance risks, is adopting a focus on clearing trades, signing up Ian Axe to its advisory team, a former Group CEO of LCH.Clearnet. Clearing refers to the reconciliation of purchases or sales of securities, or other…