alternative risk transfer

With P&C insurance premiums rising rapidly over the last two decade and an increasing proportion of the risk finding its way down the market chain to reinsurance and retrocessional sources of capital, Jérôme Jean Haegeli, Group Chief Economist at Swiss Re said the industry has experienced a renaissance.

Swiss Re has highlighted the capital efficiency that a modern and layered risk transfer architecture brings to the property and casualty insurance market, seeing the capital markets and investors as now key elements in a chain that is supporting growing volumes of global risks.

Generali Global Corporate & Commercial (GC&C) has named Michele Pignoli as Head of a newly established unit focused on Alternative Risk Transfer (ART) and Parametric insurance solutions, as the company sets its sights on scaling up this segment under its new 2025–2027 Next Level strategic plan.

Allianz Commercial, part of global insurer Allianz, has announced the appointment of Lara Martiner as Global Head of Alternative Risk Transfer at Allianz Global Corporate & Specialty SE (AGCS), effective April 1st, 2025, succeeding Grant Maxwell, who is leaving the German insurer at the end of June.

Brokerage Willis, a WTW business, has announced the appointment of Derrick Easton as the new Global Head of Alternative Risk Transfer (ART) and Head of Western Europe for Risk and Analytics, where he will report to John Merkovsky, Global Head of Risk & Analytics, and Hugo Wegbrans, Head of Risk & Broking Europe.

Insurance and reinsurance broking group Gallagher, through its captive, alternative risk transfer, insurance-linked securities (ILS) facilitation and capital solutions subsidiary, Artex, has expanded its services in the Middle East & Africa (MEA) region with the launch of alternative risk management services in the Abu Dhabi Global Market.

Independent, licensed insurance manager, Polo Insurance Managers (PIM), offers optionality and a unique proposition, providing independent professional management services to ILS, Commercial and Captive clients, Chief Executive Officer (CEO) Mark Elliott told Artemis at this year’s RVS in Monte Carlo.

SRS Altitude, a managing general underwriter (MGU) based in Europe and part of Strategic Risk Solutions, Inc., has announced a partnership with Generali Global Corporate & Commercial, providing access to insurance and reinsurance capital, as well as a global footprint and technical expertise.

Strategic Risk Solutions, Inc., an independent provider of insurance, reinsurance and captive management and consulting services, has announced that it has reached an agreement to acquire Robus Group from The Ardonagh Group, subject to approvals.

Strategic Risk Solutions, Inc., an independent provider of insurance, reinsurance and captive management and consulting services, has announced the launch of a managing general underwriter (MGU) named Altitude, through which it intends to offer a range of alternative risk transfer solutions, including parametric risk transfer.