Specialty Lines/Emerging Markets
Contents
A change in cat strategy drives specialty growth at AXA XL Re
AXA XL Re has a strategy in Bermuda of rebalancing its book by writing more specialty business. To do this, it is leveraging its footprint but changing appetite in the property-cat space.
Execution is everything: how Banyan Risk targets specialty lines
Banyan Risk brought much-needed capacity to the D&O sector. Its co-founders and co-CEOs discuss how the company approaches this complex and nuanced line of business.
Why Argo is committed to professional lines
Argo Group specifically targets professional lines through Argo Pro. Ken Jaegge, vice president of marketing and distribution manager, Argo Group, explains why that unit is so important to the business.
Bermuda carriers grapple with the cyber opportunity
Some carriers are eyeing an era when the industry refers to PC&C business—the final ‘C’ standing for cyber. For now, however, it remains a specialty line with great potential. We examined how some firms are looking to leverage that.
IFRS 17: its impact on shareholders’ equity
Disclosures suggest a wide variation in IFRS 17’s effect on shareholders’ equity, says Anthony Silverman of AM Best.
Diversification: a broker’s perspective
In challenging market conditions, some investors will seek greater diversification in specialty lines, says Steve Hearn, CEO of Inver Re.
Itasca Re’s secret sauce: made in Bermuda
New Bermuda reinsurer Itasca Re will offer insurance financing solutions to buyers and owners of commercial aircraft assets. It’s niche, but its work might just become a catalyst for a lucrative new(ish) asset class.
LIBOR: the transition to SOFR is rapidly approaching
As the transition deadline approaches, insurers should be aware of their exposure and assess their operational capabilities in anticipation of the number of contracts that may be changing after that date.
Bermuda—LIFE
News in brief
Bermuda’s life sector continues to generate regular news and developments. We pulled together some of the key news stories of recent months.
Bermuda—ILS
Mapping the future growth of ILS
Recent innovative ILS deals designed to help re/insurers manage capital have the potential to grow the sector exponentially, says one of the industry’s pioneers, Dirk Lohmann.
News in brief
