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Insurance-linked securities are helping to drive legal innovation in the re/insurance sector and creating a vibrant environment for law firms active in the space. 19 September 2013
News
Regional reinsurers will face an increasingly tough time coping with catastrophe losses and global competition in areas such as Asia and Latin America. That is the view of David Watson, president and CEO of XL Re Europe. 19 September 2013
News
Tokio Millennium Re Group (TMR) will begin offering its services to Asian clients from January 1, 2014, the group announced last week. 19 September 2013
ILS
Insurance rates, which have been decidedly more buoyant than those in the reinsurance sector, and rates on specialty business could come under attack if convergence capital pushes more players out of property-catastrophe. 19 September 2013
News
Swiss Re’s latest report on catastrophe risk entitled Mind the Risk: A global ranking of cities under threat from natural disasters, has highlighted flood as the leading global catastrophe risk. 18 September 2013
News
85 percent of insurers would pull terrorism risk cover if the Terrorism Risk Insurance Act (TRIA) expires, according to a new report by Aon. 18 September 2013
News
The NAIC has indicated that the BMA is the first international regulator to be invited to participate in the association’s Process for Developing and Maintaining the NAIC List of Qualified Jurisdictions. 18 September 2013
ILS
ILS outstanding at the Bermuda Stock Exchange (BSX) topped $8.5 billion this year, with $3.2 billion of new ILS issued in 2013, as interest in the island’s alternative offering continues to gain momentum. 12 September 2013
ILS
While many in the reinsurance industry are concerned about the potential implications of the influx of alternative capital, it also offers an opportunity to leverage increasingly diverse sources of retrocessional
capacity. 12 September 2013
News
Canopius’ purchase of Omega has helped to deliver scale, which alongside strong organic growth and an active reduction in attritional losses, has led to a strong 2013 for Canopius. 11 September 2013
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