News

News

Canopius to be springboard for NKSJ’s global ambitions

Japanese insurance giant, NKSJ has said that Canopius will be a key platform in its international growth plans.   28 May 2014

News

RAA: National Indemnity led spike in 2014 premiums

Quarterly results from the Reinsurance Association of America (RAA) revealed a significant spike in premiums written, thanks largely to a sharp rise in underwriting volume at National Indemnity.   27 May 2014

News

Willis advances its global strategy with new employee benefits leader

Willis Group has announced that it will acquire a controlling stake of approximately 75 percent in Max Matthiessen, a leading employee benefits adviser in Sweden, for $205 million.   27 May 2014

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NOAA predicts an uneventful hurricane season

For re/insurers grappling for levers for a potential turn in the market, the US National Oceanic and Atmospheric Administration has issued further cause for gloom, predicting a below average Atlantic hurricane season.   27 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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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

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

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

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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

News

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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