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Insurance
Capita Insurance has appointed Colin Grint as chief executive, corporate insurance, with effect from April 7, 2014. 7 March 2014
News
The reinsurance market is in the midst of some of the biggest turmoil it has seen for decades and traditional players should be cautious about diversifying too quickly into lines they may not understand as they try to remain relevant to clients. 7 March 2014
Insurance
The increasing severity and frequency of losses in some fast-growing countries highlights the need for further investment buy the insurance industry in developing risk models for some of these regions. 7 March 2014
Awards
Some re/insurance brokers are increasingly channelling premium to a smaller number of larger carriers. While this is sometimes at the behest of cedants, it is also occurring because of exclusive agreements they have with selected players. 7 March 2014
Awards
Some re/insurance brokers are increasingly channelling premium to a smaller number of larger carriers. While this is sometimes at the behest of cedants, it is also occurring because of exclusive agreements they have with selected players. 7 March 2014
Insurance
PERILS AG has published a revised loss estimate for European windstorm Xaver. It now believes the storm will cost insurers €727 million. 6 March 2014
News
The first Scandinavian-based manager of a cat bond fund will launch in 2014 subject to regulatory approval by the Swedish Financial Supervisory Authority (Finansinspektionen). 6 March 2014
Alternative Risk Transfer
Swiss insurance investment manager Twelve Capital has issued its second private cat bond. 6 March 2014
Insurance
SCOR’s acquisition of Generali US last year combined its rapidly growing status as a truly global and highly rated reinsurer – at a time when many big cedants are rationalising their reinsurance panels – helped the reinsurer post a record profit in 2013 while also enjoying substantial growth. 6 March 2014
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