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Wilton Re has completed the acquisition of Conseco Life Insurance Company (CLIC) from CNO Financial Group. 4 July 2014
ILS
GC Securities, a division of MMC Securities Corp., a U.S. registered broker-dealer has announced the placement of the Series 2014-1 Notes, with notional principal at $400,000,000, through a newly formed catastrophe bond shelf program, Alamo Re Ltd. 4 July 2014
News
Marsh has announced the launch of a new global placement organisation and the appointment of Dean Klisura as head of the operation. 3 July 2014
News
ACE has announced it will appoint Paul Wilderspin, formerly of Marsh, as client relationship manager for the UK and Ireland. 3 July 2014
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Hannover Re has transferred storm risk for the Texas Windstorm Insurance Association into the capital markets in its latest ILS transaction. 3 July 2014
News
European economies faced $3 billion of economic losses following severe thunderstorms in June, according to Impact Forecasting. 3 July 2014
News
CoreLogic has released a updated version of its EQECAT natural catastrophe modelling platform, with three new proprietary risk models.. 3 July 2014
News
More insurance companies with a physical presence and long-term plans to grow are forming in Bermuda, creating new jobs and opportunities for the industry, according to one of the island’s leading law firms. 2 July 2014
News
The reinsurance sector saw significant rate reductions at the mid-year renewals as excess capital continues to chase muted demand. 2 July 2014
News
Fitch has upgraded the insurer financial strength (IFS) ratings of Wilton Re and all its various units to A+ from A. 2 July 2014
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