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The risk transfer industry and governments should partner to form a state-backed risk pool designed to cover worst-case scenario cyber attacks, Stephen Catlin, the executive deputy chairman of XL Catlin, told Monte Carlo Today. 16 September 2015
Insurance
Hannover Re is seeking third party investors to partner with on its internal fund that invests in insurance-linked securities (ILS), Henning Ludolphs, managing director, retrocessions and the capital markets at Hannover Re, told Monte Carlo Today. 16 September 2015
Insurance
Asta Capital’s newly launched managing general agent (MGA) platform, Asta Underwriting Management (AUM), has appointed Sian Fisher as non-executive director of the board, in the first of what will be a series of hires. 16 September 2015
Insurance
During a period of intense consolidation in the re/insurance industry, Mark Watson, CEO of specialist insurer Argo Group, is unconvinced such a strategy is right for his company, he told Monte Carlo Today. 16 September 2015
Insurance
Novae Group will continue to focus heavily on growing and refining its specialty business, backed firmly by its reinsurers and brokers. 16 September 2015
Insurance
Casualty insurers could lose out if motor companies choose to cover their risks in a different way as technology in that sector advances, Andrew Newman, head of global casualty and co-president of Willis Re, told Monte Carlo Today. 16 September 2015
Insurance
Legacy specialist Compre is eying future deals in the European market as it awaits completion of its recent acquisition by CBPE Capital. 16 September 2015
Insurance
Reacting to an alarming increase in cargo thefts globally, the International Union of Marine Insurance (IUMI) has called for the introduction of a range of measures to help reverse this worrying trend. 16 September 2015
Insurance
PartnerRe believes it can become one of the top four reinsurance companies in the world under the ownership of Italian industrial giant Exor, which finally bought the reinsurer after a prolonged and often bad-tempered battle for the company with Axis. 16 September 2015
Insurance
The CEO of insurance-linked securities (ILS) investment manager Leadenhall Capital Partners said its partnership with Amlin will become increasingly important at this year’s renewals, as the trend of so-called tiering in the market, whereby cedants prioritise partnerships with bigger players, becomes even more pronounced. 16 September 2015
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