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Insurance
AIR unveils cyber risk model
Catastrophe risk modelling firm AIR Worldwide has unveiled plans to build an advanced cyber risk model.   14 September 2015
Insurance
Aon Benfield unveils marine cat model
Aon Benfield, the reinsurance intermediary of Aon, has partnered with catastrophe modelling firm RMS to develop a marine and energy catastrophe model.   14 September 2015
Insurance
Smaller panels have benefited Berkshire Hathaway
The trend of buyers rationalising their reinsurance programmes—using fewer, bigger players with a broader reach—has benefited Berkshire Hathaway, Manfred Seitz, managing director of international reinsurance at Berkshire Hathaway, told Monte Carlo Today.   14 September 2015
Insurance
DARAG launches R-pad: first sidecar for run-off business in EU
DARAG, the European run-off specialist, has formed what is effectively the first run-off sidecar within the EU using a protected cell company in Malta.   14 September 2015
News
Rescue Re aid appeal launched
European run-off specialist DARAG is seeking partners to help it fund an initiative that would enable a search and rescue vessel in the south Mediterranean Sea to operate for longer than it normally would—something that could save the lives of thousands of refugees.   13 September 2015
Insurance
Pioneer launches new P/L unit
Pioneer Underwriters, a subsidiary of Minova Insurance, has appointed two former XL Catlin executives to launch a professional liability division.   13 September 2015
Insurance
Liberty takes credit/surety team
Liberty Specialty Markets (LSM), part of Liberty Mutual Insurance Group, has unveiled plans for Lloyd’s insurer Novae’s Zurich-based credit and surety reinsurance team to transfer to LSM   13 September 2015
Insurance
Marsh acquires Jelf
Broker Marsh has agreed to acquire independent insurance broker Jelf for 215p ($3.3) per share.   13 September 2015
Insurance
Barbican to manage ILS syndicate
Barbican Insurance Group has received in principle approval from Lloyd’s to manage a syndicate funded by Credit Suisse’s ILS team.   13 September 2015
Insurance
Folgate goes active again
Folgate Insurance Company has returned to active underwriting a year after being acquired by APC Underwriting.   13 September 2015

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