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Insurance
According to Aon Benfield’s Evolving Criteria report, which reviews the latest developments in rating agency protocol and impact for the insurance industry in the Asia Pacific region, the regional insurance markets have slowly recovered from 2011. 25 September 2013
Insurance
The sidecar recently formed by Aon and Berkshire Hathaway, whereby the latter takes a 7.5% quota share on all retail subscription business placed by Aon with some Lloyd’s participation, has resulted in more business being placed in the Lloyd’s Market, according to a letter seen by Intelligent Insurer. 25 September 2013
News
Aon has made a number of changes to its senior management team. 25 September 2013
News
TigerRisk Partners has named Martin Bartell as head of its UK-based retrocessional and specialty reinsurance practice. He joins from Aon Benfield’s Global Re Specialty team where he focused on per-risk and catastrophe business placed with traditional reinsurers and ILS markets. 24 September 2013
Awards
Aon Benfield has claimed the title of Reinsurance Broker of the Year (with reinsurance brokerage revenues of more than $1bn) at Intelligent Insurer’s Global Awards. 19 September 2013
Insurance
SCOR Global Life SE, a subsidiary of SCOR SE, has completed a deal that provides it with collateralised extreme mortality protection against increases in US mortality rates from any cause. 19 September 2013
Insurance
According to Aon, 85 percent of insurers would pull terrorism risk cover if the Terrorism Risk Insurance Act (TRIA) expired. The revelation comes as the broker calls on the US government to extend The Act, saying that it “remains the best solution for handling the terrorism insurance exposure in the US”. 18 September 2013
News
Q-Re has appointed David Forcey to its board of directors as an independent non-executive member. 16 September 2013
News
The new European windstorm model created by Aon Benfield’s in-house catastrophe development team, Impact Forecasting, is set to create a better understanding of this key peril and the uncertainty surrounding risk modelling, as John Moore, head of International Analytics at Aon Benfield Analytics, explains. 10 September 2013
Reinsurance
Reinsurers will innovate their capital structures to turn headwinds from alternative capital sources into tailwinds, says Aon Benfield’s Bryon Ehrhart. 9 September 2013
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