Insurance
Insurance Careers Corner: Q&A with Suzanne Meraz, External Affairs Executive, CSAA Insurance Group
By Kris Maccini, Social Media Director, Triple-I Triple-I’s “Insurance Careers Corner” series was created to highlight trailblazers in insurance and to spread awareness of the career opportunities within the industry. February is Insurance Careers Month, and this month we interviewed Suzanne Meraz, an external affairs executive at CSAA Insurance Group. Suzanne discusses why she chose…
Read MoreEIOPA calls for capital markets capacity for pandemic NDBI insurance
There is a clear role for risk transfer to the capital markets in the provision of capacity to address pandemic related non-damage business interruption risks, according to Europe’s insurance and reinsurance sector watchdog, the European Insurance and Occupational Pensions Authority (EIOPA). The Authority has published a new staff working paper that lays out ideas for…
Read MoreClimate to drive massive demand for contingent risk capital: Douglas, ILS NYC 2021
The deepening of the world’s understanding, measurement and valuation of climate risks is going to drive a massive demand for contingent risk capital, which parametric triggers and insurance-linked securities (ILS) will be well-suited to serve, Rowan Douglas of Willis Towers Watson explained during our ILS NYC event this week. Rowan Douglas, Head of the Climate…
Read MoreWeston Insurance promotes Deanne Nixon to CEO, as Lyons retires
Weston Insurance Company, the Florida-headquartered domestic specialty property insurer with a focus on catastrophe and in particular wind-exposed properties, has promoted Deanne Nixon as its new Chief Executive Officer, with its founder Michael Lyons set to retire. Lyons launched Weston Insurance around a decade ago after leaving catastrophe reinsurance specialist RenaissanceRe. He is now set…
Read MoreThe unexpected could drive Covid industry loss higher: Johansmeyer, ILS NYC 2021
Widespread uncertainty remains around much of the ultimate industry loss from the ongoing Covid-19 pandemic, but if the numbers reach as high as some of the early estimates, it’s likely to be for unexpected reasons, says Tom Johansmeyer, Head of PCS. So far, publicly reported pandemic-related losses, IBNR reserves and estimates from insurance and reinsurance…
Read MoreBrit’s third-party capital investors take fewer losses, more income in 2020
Third-party investors participating in the underwriting of specialty insurance and reinsurance player Brit Ltd. have shared in fewer losses and taken a greater share of income through these activities in 2020, than in the prior year. Brit reported its results this morning and the use of third-party reinsurance capital from investors and insurance-linked securities (ILS)…
Read MoreInsurers Are Addressing Climate Risks
By Richard Creedon The insurance industry is uniquely positioned to provide leadership in the public policy dialogue over climate risks. Our contribution to this conversation is crucial because insurers recognize the growing intensity of threats to the properties insurers financially protect. In 2020, the U.S. witnessed a record hurricane season with 30 named storms; 12…
Read MoreBlack History Month Business Profile: The Flip Shop
By Scott Holeman, Media Relations Director, Triple-I During Black History Month, Triple-I is sharing inspirational stories from business owners who overcome obstacles to reach success through resilience. Teddy Johnson, owner of The Flip Shop in Joplin, Missouri, raised the bar to score a ‘10’ in business, after a life-changing accident. At the Flip Shop, kids…
Read MoreCredit Suisse launches UCITS cat bond fund, with Gawron & Brogli hires
Credit Suisse’s Insurance Linked Strategies team has its first UCITS catastrophe bond fund offering, after hiring the team that ran the Lombard Odier cat bond strategy and merging its fund into a new Credit Suisse fund product. The arrangement sees the UCITS catastrophe bond fund that had been launched by Lombard Odier Investment Managers (LOIM),…
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