Articles

Alternative Risk Transfer

Early hints at ILS trends in 2016

We are two months into the New Year and Paul Schultz, chief executive officer of Aon Securities, reports that the ILS market is already seeing the first clues as to how 2016 might go.   18 February 2016

Insurance

Brokers must be won over for LMG’s TOM to succeed

Xuber, Xchanging’s insurance software business which delivers solutions to the commercial insurance, health insurance and reinsurance marketplaces, has said that the long-term success of the London Market’s Target Operating Model (TOM) depends on winning over brokers and carriers across the whole London insurance market.   16 February 2016

News

Aon Benfield launches tool to estimate US thunderstorm losses

Impact Forecasting, Aon Benfield’s catastrophe model development unit, has launched a US severe thunderstorm (STS) scenario model to help insurers better estimate annual losses based on historical data.   15 February 2016

Insurance

Integro poaches entertainment broker from Arthur J Gallagher

Integro Insurance Brokers has hired entertainment specialist broker Kevin O’Shea to work in UK film and television team, part of the firm’s entertainment practice, in London.   11 February 2016

Insurance

Antares Asia hires Chubb and Allied World execs for underwriting team

Antares Asia, a member of the QIC Group, has expanded its underwriting team.   10 February 2016

Insurance

January natural disasters cause billion-dollar damages worldwide

A severe winter storm that hit the Eastern US during the second half of January has resulted in economic losses of $2 billion, and insured losses well into the hundreds of millions, according to Impact Forecasting, Aon Benfield’s catastrophe model development unit.   10 February 2016

Insurance

IAG poaches Aon Benfield exec for reinsurance manager role

IAG, the multinational insurance company, has appointed Scott Grove as group general manager, reinsurance.   9 February 2016

Insurance

Aon posts solid profits despite volatility and headwinds

Broker Aon has reported a slight dip in its profits for 2015. It posted a net income of $1.42 billion, compared with $1.43 billion in 2014 – a decrease of one percent.   8 February 2016

Insurance

JLT Specialty USA poaches Aon exec for SVP role

JLT Specialty USA, a US subsidiary of re/insurance firm Jardine Lloyd Thompson Group (JLT), has appointed Jim Gaubert as senior vice president (SVP) for its entertainment and hospitality specialty practice.   3 February 2016

Insurance

LMG launches steering board for new model

The London Market Group (LMG) has launched its London Market (LM) Target Operating Model (TOM) Steering Board.   27 January 2016

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