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Insurance
Arthur J. Gallagher (AJG) has built a new collective identity for its UK managing general agencies to build on the creation of a single MGA operating model established earlier this year. 21 August 2014
Insurance
Specialist insurance group Ecclesiastical has appointed Caroline Taylor as director to the board of the group’s insurance business Ecclesiastical Insurance Office. 21 August 2014
News
AM Best is the final agency to revise its outlook on the global reinsurance sector to negative, citing ongoing market challenges which will hinder the potential for positive rating outlooks or upgrades. 20 August 2014
Insurance
Independent re/insurance legacy specialist Compre has completed the acquisition of Hamburger Internationale Rückversicherung (HIR) from Tawa after obtaining regulatory approval from German regulator BaFin. 20 August 2014
Alternative Risk Transfer
The second quarter of 2014 demonstrated strong interest in the market, with catastrophe bond issuance reaching $4.5 billion. As the second half of the year promises to be equally active, Paul Schultz, CEO at Aon Benfield Securities talks to Intelligent ILS about the market’s evolution and how this will impact renewal discussions. 19 August 2014
Alternative Risk Transfer
The insurance-linked securities sector has seen a substantial rise in the number of catastrophe bonds issued with an indemnity trigger structure. Michael Madigan, a partner in the insurance practice, and head of the property and casualty alternative risk transfer practice in New York, at law firm Sidley Austin, explains why this trend is likely to continue. 19 August 2014
Alternative Risk Transfer
A re-structuring of the business and a narrowing of the gap between traditional and capital markets paved the way for Italian insurer Generali to bring its first catastrophe bond to the market. Franco Urlini and Mirko Sartori tell Intelligent ILS how they expect the first Italian bond to affect the wider market. 19 August 2014
Insurance
Only a tiny proportion of captives are covering cyber risks despite this threat being high up the agenda of cyber directors, a study by Aon has shown. 19 August 2014
Insurance
Re/insurers risk under-charging for certain perils and getting stung by higher than expected claims if they base the assumptions in their catastrophe models on inaccurate or outdated data. 19 August 2014
Insurance
Amlin posted a steady set of results for the first half of 2014, with its reinsurance book growing despite challenging market conditions. Its profits dipped, however, largely because of changes in foreign exchange rates. 18 August 2014
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