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Tokio Millennium Re is to reshuffle its executive management in a change that will see Tatsuhiko Hoshina, its chief executive, step aside and take the role of vice chairman in April 2015. 2 October 2014
Alternative Risk Transfer
Rating agency AM Best has published new draft rating criteria for insurance-linked funds (ILF) and is seeking comments from market participants. 30 September 2014
Insurance
State Insurance, a New Zealand subsidiary of Insurance Australia Group (IAG), is consulting with employees on proposals that could see the closure of the bulk of its branch network. 29 September 2014
Insurance
Steadfast Group, Australia’s largest broking network, has announced that Jonathan Upton, will retire as a non-executive director. 26 September 2014
Insurance
OAC Actuaries and Consultants has launched a takaful compliant model for Mo.net, its financial modelling software, as it looks to broaden its offering to include Islamic finance. 25 September 2014
Insurance
QBE Insurance has appointed Pat Regan, who joined QBE in the role of group chief financial officer in June 2014, as an executive director. 25 September 2014
Insurance
SART Underwriting, a Lloyd’s coverholder based in Hong Kong, has strengthened its construction and power expertise with two hires. 24 September 2014
Insurance
AXA has partnered with the International Finance Corporation (IFC), a member of the World Bank Group, to boost insurance coverage and capacity and improve safety in emerging markets. 23 September 2014
Insurance
Lloyd’s new branch office in Beijing will allow the market to enhance the services it supplies to the Chinese market and allow it to access what it calls the significant local talent pool. 22 September 2014
Alternative Risk Transfer
Over the past two years, around $20 billion of new capital has entered into the reinsurance market. 19 September 2014
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