News
News
Rates for California earthquake coverage are placing pressure on risk adjusted returns for reinsurers operating in the state, in spite of recent seismic activity. 12 March 2014
ILS
Insurance CFOs believe that the lower cost of capital afforded by alternative insurance options is the top benefit associated with the current soft market cycle, a survey conducted by Towers Watson has found. 12 March 2014
News
Willis Global, the broker’s specialist brokerage and consulting service, has appointed Pietro Menghi as director of strategy and transformation. 12 March 2014
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
The dynamics of the cycle are establishing which re/insurers have the relationships and quality of underwriting to maintain lines and sustain relationships in spite of current conditions. 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
The European Parliament has approved the Omnibus II Directive, finalising the new risk-based regulatory framework for Solvency II. 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
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