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ILS fortifies its position
Alternative Risk Transfer
Issuance volumes of cat bonds fell in the 12 months to June 30, 2018, but this is not a true reflection of the market’s inherent robustness as it continues to mature and evolve, according to Aon’s latest ILS report.   29 November 2018
Insurance
Some of the industry’s most influential companies including Lloyd’s of London, Allianz, Aon Benfield and Guy Carpenter have joined forces on a project that could revolutionise the way risk models are used by the industry.   29 January 2014
Insurance
Argo Group, a specialty property and casualty re/insurer based in Bermuda, has boosted gross written premiums in 2016 but profits declined nevertheless.   14 February 2017
Insurance
Chris Elliott, the group chief executive officer (CEO) of Lloyd's broker Tysers and staff-owned broker Hawkes Bay Holdings, has stepped down from the position with immediate effect.   14 March 2017
Insurance
Arch Insurance, a member of Arch Capital Group, has appointed Greg Johnson in the US as vice president of business development for travel.   14 February 2017
Insurance
Hong Kong-based reinsurer Peak Re has hired Christopher Lee as head of life and health to oversee its reinsurance business. He joins from Swiss Re.   17 November 2016
Insurance
A class-action lawsuit seeking $12.5 billion, or $25 for each customer whose privacy may have been jeopardized, has been filed against Marriott after the hotel chain revealed a data breach affecting 500 million customers of its Starwood hotels, according to a Dec. 1, 2018 report by The Oregonian.   3 December 2018
Insurance
Swiss insurer Zurich has appointed Peter Huber as CEO of its international business.   7 September 2017
Insurance
Re/insurer XL Catlin has appointed Phil Xue as chief executive officer of XL Insurance China.   12 February 2018
Insurance
Speciality re/insurer Brit posted solid growth in the first six months of 2017 but its profits dipped on lower investment returns and a continued softening of rates, which were 2.2 percent down overall during the period.   4 August 2017

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