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Allianz Re, the company responsible for the Allianz group’s retrocession portfolio, is seeking more protection in this year’s renewals, especially per-event cat cover for emerging regions, the company’s buyer told Monte Carlo Today. 14 September 2015
Insurance
Catastrophe risk modelling firm AIR Worldwide has unveiled plans to build an advanced cyber risk model. 14 September 2015
Insurance
The re/insurance industry is much more accepting today of the validity of exchange-traded risk (ETR) than at any time in the past. 14 September 2015
Insurance
The cyber insurance market could grow to $7.5 billion in annual premiums by 2020, according to professional services firm PwC. 14 September 2015
News
Lloyd’s insurer Canopius Group has formed an integrated unit to manage the assumed reinsurance business previously written separately by Canopius and Sompo Japan Nipponkoa Insurance. 14 September 2015
Insurance
Against a backdrop of continued consolidation in the industry, Stuart Shipperlee, managing director, and Karin Clemens, senior consultant, at Litmus Analysis, consider what the rating agencies focus on in a merger or acquisition, and why. 14 September 2015
News
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 Underwriters, a subsidiary of Minova Insurance, has appointed two former XL Catlin executives to launch a professional liability division. 13 September 2015
Insurance
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
Broker Marsh has agreed to acquire independent insurance broker Jelf for 215p ($3.3) per share. 13 September 2015
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