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Peter Stubbings has taken on the position of chairman of Guy Carpenter’s Bermuda operations. He is replaced as CEO of continental Europe and MENA by Massimo Reina.   5 March 2014
News
Impact Forecasting, the catastrophe model development centre within Aon Benfield, announces the launch of a new European windstorm model which allows insures to incorporate their own claims data.   5 March 2014
Sweden launches first cat bond fund
ILS
Sweden is set to get its first cat bond fund, to be extended by Entropics Asset Management, subject to approval from the Swedish Supervisory Authority.   5 March 2014
ILS
Traditional reinsurers will either have to get big or get technical if they are to survive a market that is evolving faster than it has in 35 years.   5 March 2014
News
Hiscox pays $55 million for Direct Asia, Whittington Group’s Singapore-based online motor and home business.   3 March 2014
ILS
Argo Re and Horseshoe Re have inked a deal to create “a seamless link between the reinsurance and capital markets”.   3 March 2014
News
Embry Nichols will play a role in the growth of the practice and focus on account management and new business development.   3 March 2014
News
Congressional revenue raising efforts could mean non-US reinsurers will face significantly higher US tax on affiliate reinsurance transactions, with a suggestion that non-affiliate reinsurance may be next.   3 March 2014
News
The insurance and reinsurance industry faces an unprecedented global ‘regulatory tsunami’ that will test the mettle of the sector as it responds to proliferating regulatory demands.   28 February 2014
ILS
Convergence capital is encouraging traditional reinsurers to consider how to remain relevant and compete with the alternative market’s cost of capital with “renewed vigour”.   28 February 2014

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