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Alternative Risk Transfer
Strong ILS issuance forecast for second quarter
Strong levels of investment-linked securities (ILS) issuance are expected in the second quarter of 2014 as issuers benefit from reduced spreads, improved speed to market and more flexible terms.   11 April 2014
Insurance
Axa mulls disposal of US life reinsurance unit
French insurer Axa is reportedly exploring the sale of its US subsidiary Axa Corporate Solutions Life Reinsurance.   11 April 2014
Insurance
Excess capital and competition hit April renewals
Strong balance sheets, an abundance of capacity and a consolidation of buying led to lower reinsurance pricing across most territories and business segments at the April renewals.   10 April 2014
Insurance
ACE forms global property engineering unit
ACE Group, a global property and casualty insurer, has established a global property engineering unit to provide global engineering risk management services.   10 April 2014
Insurance
DARAG acquired by private equity group
Deutsche Versicherungs- und Rueckversicherungs-AG (DARAG), the German insurance run-off specialist, has been acquired by a London-based private equity firm.   10 April 2014
News
Insured losses hit $7bn in first quarter
While insured losses globally in the first quarter of the year were low, insurers must be prepared for the severity of events that typically hit later in the year, according to Aon Benfield.   10 April 2014
News
Guy Carpenter appoints head of Turkish operations
Reinsurance broker Guy Carpenter has appointed Okan Utkueri as managing director and head of the firm’s operations in Turkey.   10 April 2014
Insurance
AIR integrates third-party data and models
Catastrophe modelling firm AIR Worldwide has begun integrating third-party catastrophe data and models within its Touchstone risk modelling software platform.   10 April 2014
Insurance
New EU food regs will mean more claims
ACE has claimed that companies in the food and drink industry could face more claims from consumers as a result of new European food labelling regulations that come into force later this year.   9 April 2014
News
Reinsurance capital hits record levels
The levels of both traditional and alternative reinsurance capital increased in 2013, creating a level of competition of business that is beneficial to reinsurance buyers.   9 April 2014

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