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Insurance
The seeds of the recent merger between XL and Catlin were planted some three years ago when the leaders of the firms concluded that consolidation was inevitable and looked to get ahead of the game, Stephen Catlin, executive deputy chairman, XL Catlin, told delegates at Guy Carpenter’s annual Baden-Baden symposium yesterday (Sunday October 18). 19 October 2015
News
K Sanath Kumar, chairman-cum-managing director, GIC Re, talks about the unbreakable link between the risks being both covered and insured against within the re/insurance industry. 19 October 2015
Insurance
The bigger so-called tier 1 reinsurers will be the winners in what is a rapidly changing reinsurance landscape, Martyn Street, senior director in insurance at Fitch Ratings, told Baden-Baden Today. But he also stressed that consolidation was far from a silver bullet for companies seeking greater scale. 19 October 2015
Alternative Risk Transfer
The development of specialist platforms that enable private catastrophe bonds to be structured quickly and in a cost-efficient way is increasingly attracting more traditional counterparties which were not previously active in the insurance-linked securities (ILS) space to get involved in the market, John Butler, managing partner and head of sourcing at Twelve Capital, told Baden-Baden Today. 19 October 2015
Insurance
Re/insurance broker Willis has appointed Julian Vero as regional leader of natural resources in the Central and Eastern Europe, Middle East and Africa (CEEMEA) region. 18 October 2015
Insurance
David Powell, manager of non-marine at Lloyd’s Market Association’s (LMA), has been elected to the new role of deputy chair of Thatcham Research, the UK insurance industry’s automotive testing centre. 18 October 2015
News
Willis Re has unveiled what it called an enhanced approach to catastrophe risk modelling that enables insurers to more accurately measure, mitigate and articulate their catastrophe risk exposure for all major perils and territories globally 18 October 2015
Insurance
Towergate has unveiled a new leadership team for its broking division. 18 October 2015
Insurance
Endurance has said it will not be naming a direct replacement for Peter Mills, its chief underwriting officer and head of global specialty and Europe property and casualty (P&C) who left the re/insurer this week. 16 October 2015
Insurance
Lloyd’s has presented an innovative approach to managing accumulations of liability risk, a challenge the market claims has the potential to send shockwaves through the insurance industry. 16 October 2015
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