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Alternative Risk Transfer
The use of insurance-linked securities (ILS) by the world’s biggest insurers and reinsurers is increasingly becoming the norm according to two recent surveys – but only if the T&Cs are competitive compared with more traditional forms of coverage. 19 November 2012
Alternative Risk Transfer
The insurance-linked securities (ILS) market has been quiet of late but the industry appears split on why this is. Some blame nervousness following Hurricane Sandy, while others argue it is typical for this time of year. 14 November 2012
Insurance
The annual cost of regulation and compliance for the UK insurance sector now exceeds £730 million, according to research from law firm Reynolds Porter Chamberlain (RPC). 12 November 2012
Alternative Risk Transfer
Swiss Re has launched the first ever multi-peril bond to the capital markets. 6 November 2012
Alternative Risk Transfer
Lancashire has announced that it will shortly launch Saltire Re I Limited (“Saltire Re I”), a fully collateralised Bermuda incorporated special purpose insurer (SPI). 6 November 2012
Alternative Risk Transfer
Recent cat bond launches have revealed the extent of investor demand for this kind of risk. This is the view of Tony Ursano, chief executive of Willis Capital Markets & Advisory (WCMA). 5 November 2012
Insurance
Reinsurance broker UIB has launched a special risks division to provide tailor-made insurance solutions for a range of business classes. 1 November 2012
Insurance
Law firm Locke Lord has announced that Ian McKenna has joined its London office as partner. 30 October 2012
Insurance
The insurance industry needs to examine the detail of contracts with much more care than usual. That is the view of Matt Fairfield, founder and chief executive officer of ANV Holdings. 29 October 2012
News
Reinsurers need to challenge cedants about their risk management practices and the way they analyse their portfolios. This is the opinion of Henri de Castries, the chief executive of French insurer AXA. 19 October 2012
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