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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
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
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
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
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
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
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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