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Five separate periods of bad winter conditions in parts of the US will likely cost the industry more than $1 billion, according to Impact Forecasting, Aon Benfield’s catastrophe model development team, which has launched the latest edition of its monthly Global Catastrophe Recap report. 9 March 2015
Insurance
Lloyd’s broker Lonmar Global Risks has hired Alastair Johnstone as divisional director of its non-marine division. 6 March 2015
News
Advocate Reinsurance Partners, a reinsurance broker in Dallas, has appointed two senior executives to run its new Minneapolis/St. Paul office – one joins from Capital Risk Partners and the other from TigerRisk Partners. 5 March 2015
Insurance
The old adage of ‘in a soft market you want a consultant, in a hard market you want a broker’ is simply not true anymore, Eric Andersen, CEO of Aon Benfield, told delegates at the Economist’s Insurance 2015 event yesterday (March 3). 4 March 2015
Insurance
The increasing instability of oil-producing countries is the largest risk facing emerging markets investors as a result of the low oil price, according to Aon Risk Solutions’ 2015 Political Risk Map. 4 March 2015
Alternative Risk Transfer
There are five key trends in the insurance space that are currently producing two consistent responses, according to Mike McGavick, chief executive officer (CEO) of XL. 3 March 2015
News
Jardine Lloyd Thompson (JLT) has rebranded its Bermuda-based operation JLT Park to JLT Specialty Bermuda and reshuffled its senior management. 2 March 2015
Alternative Risk Transfer
The year ahead will continue to see the emergence of innovative structures between the traditional and ILS markets, as Paul Schultz, CEO of Aon Benfield Securities explains. 25 February 2015
Insurance
Arthur J Gallagher (AJG) has appointed Grahame Chilton as chief executive officer (CEO) of the company’s UK-based international brokerage division. 20 February 2015
Insurance
JLT Specialty Insurance Services, a US subsidiary of Jardine Lloyd Thompson (JLT), has appointed Jennifer Fahey and Steve Davey as senior vice presidents. 19 February 2015
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