News

News

Guy Carp: hurricane season may throw up surprises

Despite suggestions that the US hurricane season will be quitter than normal, Guy Carpenter has released a new report cautioning against assumptions and a lack of preparedness.   25 June 2014

News

Super-tall building create dizzying challenge for insurers

With a kilometre-high building planned in Jeddah, Saudi Arabia, insurers will have to grapple with the increasing complexities of providing coverage for the construction and property risks of super-tall structures.   25 June 2014

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IIS panel warns ring-fencing will damage emerging market potential

Members of the Global Reinsurance Leaders panel at the International Insurance Society’s 50th annual meeting in London have argued that emerging markets will suffer if regulators look to ring-fence capital and delink affiliate transactions.   24 June 2014

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Hamilton appoints COO for US operations

William Thygeson has been appointed chief operating officer of Hamilton USA, the US operation of Bermuda-based Hamilton Insurance Group.   24 June 2014

News

Validus acquires US insurer; reaches for levers of diversification

Validus has announced a definitive agreement to acquire US specialty lines insurer, Western World Insurance Group, as it looks to develop a more diversified group portfolio.   24 June 2014

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Marsh launches cyber insurance risk modelling tool

Marsh has launched a Cyber Risk Financing Optimisation Tool in Europe that will help firms manage their cyber risks more effectively, by enabling them to evaluate their insurance needs and exposures.   24 June 2014

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Aon develops global committee for power industry

Aon Risk Solutions has created a global power committee to support the increasing needs of the power industry as it looks to tackle new and existing power risks.   24 June 2014

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ABIR: corporates may develop their own sidecars

Brad Kading, president and executive director of ABIR, believes that corporates may follow the industry’s lead in developing sidecars backed by third party capital.   24 June 2014

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Axis COO to step down

Axis Capital’s chief operating officer, Jack Gressier, is to step down from the end of June 2015.   23 June 2014

News

Argo’s French platform appoints new space underwriter

Argo Global Assurances, the Paris-based underwriting platform of Argo, has appointed Édouard Merlet, who previously worked at Allianz Global Corporate & Specialty as space underwriter.   23 June 2014

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