News
News
ACE Life Insurance division has appointed Allan Lam as Hong Kong’s new country president. He will replace Anthony Mak who will retire in March. 12 March 2014
News
XL has entered into joint agreement with American Specialty Insurance and Risk Services to offer joint underwriting capacity for the sports and entertainment industries. 12 March 2014
ILS
Florida’s legislature is looking to reduce the Florida Hurricane Catastrophe Fund (FHCF) by $3 billion, a move that could spell opportunity for Bermuda players, particularly those with a capital markets focus. 11 March 2014
News
A 6.9 magnitude earthquake off the coast of North California is likely to have caused little economic damage or insured loss reports AIR, but it does raise the spectre of a more significant California earthquake. 11 March 2014
News
Rapid growth markets offer the prospect of considerable opportunities for global re/insurers, but players will need to consider each market carefully, balancing prospects for growth with potential regulatory and economic pitfalls. 11 March 2014
News
The European Parliament has approved the Omnibus II Directive, finalising the new risk-based regulatory framework for Solvency II. 11 March 2014
News
AIG launches a segregated cell captive, Grand Isle SAC, which will extend alternative risk financing facilities to small and medium-sized companies globally. 10 March 2014
News
Aon Benfield appoints Alejandro Galizia as CEO of Aon Benfield Latin America. He will report to William Farmer, vice chairman Aon Benfield. 10 March 2014
News
Claus-Michael Dill and Beatrice Hollond will stand for election as non-executive directors at Catlin’s general meeting in May. 7 March 2014
News
In his new role David Bidmead, who has been with Marsh for almost 20 years, will be responsible for the strategy and execution of the company’s multinational client service team and delivery approach. 6 March 2014
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