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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
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
Aon Benfield appoints Alejandro Galizia as CEO of Aon Benfield Latin America. He will report to William Farmer, vice chairman Aon Benfield. 10 March 2014
News
AIG launches a segregated cell captive, Grand Isle SAC, which will extend alternative risk financing facilities to small and medium-sized companies globally. 10 March 2014
News
Claus-Michael Dill and Beatrice Hollond will stand for election as non-executive directors at Catlin’s general meeting in May. 7 March 2014
News
In his new role David Bidmead, who has been with Marsh for almost 20 years, will be responsible for the strategy and execution of the company’s multinational client service team and delivery approach. 6 March 2014
ILS
Traditional reinsurers will either have to get big or get technical if they are to survive a market that is evolving faster than it has in 35 years. 5 March 2014
ILS
Sweden is set to get its first cat bond fund, to be extended by Entropics Asset Management, subject to approval from the Swedish Supervisory Authority. 5 March 2014
News
Peter Stubbings has taken on the position of chairman of Guy Carpenter’s Bermuda operations. He is replaced as CEO of continental Europe and MENA by Massimo Reina. 5 March 2014
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