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Insurance
Guy Carp’s cat service to estimate UK flood extent
Guy Carpenter’s new satellite-based catastrophe evaluation service will allow insurers to map the extent of flooding in the UK.   25 February 2014
Insurance
BIBA appoints two to head Smaller Brokers’ Advisory
Kevin Hancock and Andrew Gibbons have been appointed as chairman and deputy chairman respectively, of the British Insurance Brokers’ Association’s (BIBA) new Smaller Brokers' Advisory Board.   25 February 2014
Insurance
Hiscox reports profit increase; remains cautious
International specialist insurer Hiscox reported an 11 percent increase in pre-tax profits, but said that it will not take undue risk, “preferring modest investment returns alongside better underwriting results to fuel profits”.   24 February 2014
News
CATCo appoints two directors of underwriting
CATCo Investment Management, the specialist insurance linked securities manager, has hired two underwriters who have both previously worked for AQR Capital Management and Magnetar Capital.   24 February 2014
Insurance
RSA considers rights offering to raise capital
RSA Insurance Group is considering raising capital by way of a rights issue following a £200 million fraud in the Irish unit and substantial losses related to flooding in the UK.   24 February 2014
Insurance
Lloyd’s claims study to standardise report writing
The Lloyd’s Market Association (LMA) will review the quality of claims management in the Lloyd’s market in a pilot project which will standardise report writing.   24 February 2014
News
Guy Carpenter launches new cyber unit
Guy Carpenter has launched a new specialty practice that will focus on the development and delivery of innovative cyber reinsurance solutions.   21 February 2014
News
Swiss Re boosts profits; warns of challenges
Swiss Re has reported very positive results for 2013 but warned it is aware of the challenges ahead. It also announced the appointment of a new CFO.   20 February 2014
Insurance
Willis expands footprint in Nordic region
Willis Group Holdings has appointed Azzizza Larsen to head a new political risk, terrorism and trade credit unit in Copenhagen.   20 February 2014
Insurance
Saturated soil could lead to further flooding says Guy Carpenter
Saturated ground in Europe could lead to further flooding says Guy Carpenter in its Europe, Middle East And Africa Catastrophe Review, 2013.   20 February 2014

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