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Insurance
Broker Marsh has appointed two senior leaders from Aon and Howden in its UK real estate practice, which is a part of Marsh JLT Specialty and provides insurance and risk advisory services to real estate owners, operators, managers, and developers. 20 June 2019
Alternative Risk Transfer
Twelve Capital, an independent investment manager specialising in insurance with approximately $4 billion in assets under management, is expanding its product range for insurance-linked securities (ILS) investors, including cat bonds, collateralised reinsurance and multi-asset offering, across its target markets in Europe. 19 June 2019
Insurance
BGC Insurance Group (BGCI), a division of global brokerage firm BGC Partners which owns Ed and Besso, is launching a new specialist global aviation and aerospace re/insurance intermediary under the leadership of JLT's Marcel Chad. 18 June 2019
Alternative Risk Transfer
The development and growth of weather risk protection products, in response to increasing awareness of climate change, “feels like the early days of the catastrophe ILS market”, Nephila Climate chairman Barney Schauble has said. 18 June 2019
Alternative Risk Transfer
Zurich-based catastrophe insurance data provider PERILS has acquired Canadian loss and exposure aggregation firm Catastrophe Indices & Quantification (CatIQ). 18 June 2019
Alternative Risk Transfer
Artex Risk Solutions, a Bermuda-based global insurance management firm, has made a series of key appointments within its international division. 18 June 2019
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 number of securities class action lawsuits has more than doubled in the past four years, but according to insurer Chubb, the beneficiaries of the payouts are not “harmed investors” but instead its lawyers bringing cases of “dubious merit”. 11 June 2019
Alternative Risk Transfer
Aon Securities, the investment banking division of re/insurance broker Aon, has made two new strategic hires to help drive growth and innovation within its capital markets function. 11 June 2019
Insurance
Berkshire Hathaway Specialty Insurance (BHSI) has launched a new office in Paris, and appointed François-Xavier d’Huart as country manager, as part of its strategic expansion in Europe. 11 June 2019
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