News
ILS
The short-term focus of ILS investors suggests that there is greater potential for litigation over ILS contracts and wording than in the traditional catastrophe reinsurance sector. 3 April 2014
News
Despite the strength of the magnitude 8.2 earthquake that struck off the coast of Chile, insured losses are expected to be negligible, according to reports from AIR. 3 April 2014
News
Allied World US has launched Privacy//403, a coverage solution for sensitive information in the event of a data breach. 3 April 2014
News
Kiskadee Investment Managers the ILS asset management subsidiary of Hiscox Re, has appointed Richard Lowther as COO and Alan Cossar as non-executive chairman of the two new Kiskadee ILS funds managed by Kiskadee Investment Managers. 2 April 2014
News
The energy insurance market is “buzzing with talk of softening”, a new report by Marsh has found, with overcapacity and a lack of major losses creating a volatile and competitive marketplace. 2 April 2014
News
While it is expected a slightly revised TRIPRA will be signed into law, the government backstop and the bundling of risk is causing some US insurers to lose sight of potentially dangerous aggregations. 2 April 2014
ILS
US deals continue to predominate in the cat bond space, but smaller cat bond lite deals and greater geographic diversity were apparent among those bonds issued during the first quarter of 2014. 2 April 2014
News
Argo International, Argo Group’s Lloyd’s platform, has appointed Greg Walters as class underwriter for its onshore energy account. 1 April 2014
News
Enstar Group and Stone Point Capital have completed their acquisition of Torus Insurance Holdings, in the largest such transaction undertaken by Enstar. 1 April 2014
News
Watford Re has announced that it has completed a $1.13 billion capital raise that provides some indication of investor appetite for reinsurance stock. 1 April 2014
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