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Alternative Risk Transfer
Aetna uses ILS structure as capital management tool
Aetna, the healthcare benefit company, has entered into a four-year reinsurance arrangement with Vitality Re VII as part of its long-term capital management strategy.   29 January 2016
Insurance
Compass starts 2016 with 10 new members
Compass, the UK networks division of insurance broker Arthur J Gallagher, has added 10 new members since the start of the year.   29 January 2016
Insurance
Matrix launches marine operations in London
Matrix Insurance and Reinsurance Brokers has launched Matrix Marine Brokers, a joint venture with a team of experienced London market marine professionals headed by Dan Plummer and Stuart Lilley.   29 January 2016
Insurance
Chubb partners with Crawford on cyber risk platform
Insurer Chubb has launched a new partnership with claims and crisis management firm Crawford & Company as part of an investment in building its cyber enterprise risk management capabilities.   29 January 2016
Insurance
Chubb profits up but operating income suffers for Q4 2015
Chubb (legacy ACE) has reported an increase for its fourth quarter profits, but a fall in full year profits for 2015.   28 January 2016
Insurance
Pioneer launches financial lines product
Pioneer Underwriters, the underwriting group within Minova Insurance Holdings, has launched its comprehensive financial lines product aimed at property investment managers.   28 January 2016
Insurance
ArgoGlobal hires MSIG exec as head of exposure management
ArgoGlobal, the Lloyd’s insurer and member of Argo Group, has appointed Matthew Foote as head of exposure management.   28 January 2016
Insurance
Allied World poaches XL Catlin exec for VP role
Allied World Assurance Company Holdings, has appointed Michael Herron as vice president, professional liability at Allied World Global Markets.   28 January 2016
Insurance
Hyperion acquires surety broker PMG
Insurance company Hyperion has acquired surety broker, PMG Financial Services.   28 January 2016
Insurance
IAIS proposals on non-insurance activities need fine tuning: GFIA
Proposals made by the International Association of Insurance Supervisors’ (IAIS) in its consultation on assessing non-traditional non-insurance activities and products (NTNI) status are overly complex and in need of fine tuning, according to the Global Federation of Insurance Associations (GFIA).   28 January 2016

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