Anthony O’Brien comes to head ACE Group’s marine insurance in Asia Pacific with 20 years of transport insurance experience, signalling an increased focus on marine in Asia. 24 January 2014
XL Group’s CEO Mike McGavick has called for integration of societal needs into business models in a talk at the World Economic Forum (WEF). 24 January 2014
In their drive to develop business in diverse geographies, re/insurers may be unwittingly exposing themselves to legal challenges relating to contract wordings and clauses developed for one system of law and/or jurisdiction that may not be understood or even recognised in other jurisdictions. 24 January 2014
Florida has set up a property insurance clearinghouse designed to offer consumers an alternative to state-backed Citizens, raising the prospect of greater private insurance and reinsurance buying in the Florida market. 24 January 2014
As part of the Bermuda Monetary Authority’s (BMA) 2014 business plan the Authority will participate in the full National Association of Insurance Commissioners (NAIC) qualified jurisdiction assessment. 23 January 2014
The cat bond, which provides Achmea Reinsurance Company with EUR40 million of collateralized protection, is the first to provide Europe windstorm indemnity for a European insurance sponsor. 22 January 2014
Kinesis Re has underwritten its first tranche of multi-class reinsurance agreements from January 1, extending collateralised combined aggregate limits in excess of $250 million to market. 22 January 2014
