News

News

Non-essential insurance programs should shift to private sector

ABIR president Brad Kading has called for insurance risk to be moved from non-essential government insurance programs to the private sector, noting this was in the long term best interest of taxpayers and consumers.   23 May 2014

News

ACE online extends its scope to multinational lines

ACE Group has enhanced its ACE Worldview portal to provide its multinational clients and brokers with online access to detailed loss and claims information for all multinational lines of business.   23 May 2014

News

US muddling towards a solution in mortgage insurance

The US government is edging towards a public-private understanding over the provision of mortgage insurance that will see more private participation, but not as much as the commercial sector might want.   23 May 2014

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Amlin enjoys growth despite softening rates

Amlin benefited from solid growth in the first quarter of 2014 despite reducing rates on most lines of business, particularly property-catastrophe lines.   22 May 2014

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Catlin selects AIR's Touchstone platform

Catlin Group has added cat modelling firm AIR's next-generation catastrophe risk management platform, Touchstone(R), to its suite of licensed products.   22 May 2014

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WCMA develops its capital raising proposition with senior hire

Willis Group has appointed Rafal Walkiewicz as managing director of its insurance investment banking division, Willis Capital Markets & Advisory (WCMA).   22 May 2014

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Appleby advises ARC on first sovereign risk insurance pool

Appleby has acted as Bermuda counsel to African Risk Capacity (ARC), on establishing a specialist hybrid mutual insurance company to help AU member states become more resilient to extreme weather events.   22 May 2014

News

Marsh appoints head of placement in its national corporate practice

Marsh has appointed David Bramall as head of placement within its national corporate practice, which provides risk and insurance services to corporate businesses and SME’s across the UK and Ireland.   21 May 2014

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Departure of Endurance COO raises questions over M&A bid

Endurance’s COO has left the company months into her tenure, suggesting possible issues concerning the firm’s M&A bid for Aspen and the turnaround strategy being pursued by CEO John Charman.   21 May 2014

News

Authorised: second lowest collateral requirement for Tokio Millennium

Tokio Millennium Re AG has announced that it has been granted approval by the State of New Jersey Department of Banking and Insurance (NJDOBI) to post lower collateral than previously required when underwriting business for New Jersey-domiciled cedants.   21 May 2014

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