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Insurance
Insured losses from natural disasters in 2015 hit $35 billion, 31 percent below the 15-year average of $51 billion and the lowest annual insured loss total since 2009. 14 January 2016
News
SCOR has successfully sponsored a new catastrophe bond, Atlas IX Series 2016-1, which will provide the group with multi-year risk transfer capacity of $300 million to protect itself against US Named Storm and US and Canada Earthquake events. 13 January 2016
Insurance
ArgoGlobal, the Lloyd’s insurer and member of Argo Group, has appointed Stewart Muirhead as casualty wordings manager. 12 January 2016
Insurance
Global catastrophe losses are expected to surpass $2 billion for the month of December, according to Impact Forecasting’s monthly catastrophe recap report. 7 January 2016
Insurance
JLT Specialty USA, subsidiary of re/insurance broker Jardine Lloyd Thompson Group (JLT), has appointed Roger Madden as a senior vice president. 6 January 2016
Insurance
London-based Barbican Insurance Group has appointed Michael McGeown as a marine liability underwriter. 5 January 2016
article
SCOR, the global reinsurance firm, has made a number of executive appoints to its Americas property & casualty subsidiaries. 23 December 2015
Alternative Risk Transfer
For the insurance-linked securities (ILS) market 2015 was the year the market matured, according to Paul Schultz, chief executive officer at Aon Securities. 22 December 2015
News
Aspen Re, the reinsurance segment of Aspen Insurance Holdings, has announced that its Aspen Capital Markets division has renewed Silverton Re for 2016. 15 December 2015
Insurance
As the re/insurance industry struggles to turn good ideas into tangible innovation, one solution could be investing in ideas and ventures in the same way as a venture capital fund, James Berkeley, managing director of Ellice Consulting, tells Intelligent Insurer. 14 December 2015
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