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Alternative Risk Transfer
Last year saw the second highest level of catastrophe bond issuance on record signalling strong growth in the market, according to Willis Capital Markets & Advisory (WCMA). At year end, $5.9 billion of catastrophe bonds had been issued – a 37 percent increase over 2011, according to the unit’s latest Insurance-Linked Securities (ILS) market update. 6 February 2013
Insurance
Acappella Group, the company funded by Willis and Ironshore, has launched as an insurance holdings company. 6 January 2015
Insurance
Allianz Global Corporate & Specialty has appointed a new global head of reinsurance and catastrophe risk management Hyeji Kang. 1 October 2019
Insurance
Julian James, president of Allied World Europe, and Neil Maidment, chief underwriting officer of Beazley, have both been elected to the Council of Lloyd’s for a term of three years commencing in February. 7 January 2016
Insurance
With high security risks and exposures in the hundreds of millions, the London insurance market will play a crucial role in insuring the 2018 FIFA World Cup, according to Lloyd's insurer Beazley. 11 June 2018
Insurance
Reinsurance broking and risk/capital management firm TigerRisk Partners has hired Lindsey Frase to take on the role of partner and member of the company’s North American current client division. 18 June 2019
Insurance
The Caribbean Catastrophe Risk Insurance Facility (CCRIF) has paid out $12.8 million to the Bahamas Government for Hurricane Dorian that caused widespread devastation in the northern part of the country. 27 September 2019
Insurance
The corporation benefitted from the financial markets positive upswing. 5 December 2019
Insurance
Currently fewer than 1% of apprentices are over 50. 6 February 2020
Insurance
The UK Court of Appeal has granted Willis an injunction against JLT preventing it from recruiting any more staff after a mass defection. 23 April 2015
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