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Insurance
Brit renews and expands reinsurance sidecar
Re/insurer Brit has renewed and expanded the collateralised reinsurance capacity provided by the Bermuda domiciled special purpose insurer Versutus, in support of Brit’s property treaty portfolio for 2016.   13 January 2016
Insurance
JLT Speciality USA appoints SVP
JLT Specialty USA, a US subsidiary of Jardine Lloyd Thompson Group, the insurance and reinsurance broker, has appointed Matt Reese as senior vice president.   12 January 2016
Alternative Risk Transfer
Cat bond issuance falls 25% in 2015: PCS
Catastrophe bond issuance activity in 2015 fell approximately 25 percent year over year by limit, according to a report from Property Claims Services (PCS), a division of Verisk Analytics.   8 January 2016
News
Guy Carpenter claims stable 2016 renewal, but sees challenges ahead
The January 2016 reinsurance renewals were orderly, stable and very business-like, according to Nick Frankland, chief executive officer of Guy Carpenter’s EMEA operations division.   7 January 2016
News
Reinsurance capital levels show no growth: Guy Carpenter
Overall capital levels dedicated to reinsurance have stabilised, according to Guy Carpenter, the global risk and reinsurance specialist and wholly owned subsidiary of Marsh & McLennan Companies.   6 January 2016
Insurance
JLT poaches Aon exec for SVP role
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
News
Guy Carp hires ACE exec as EMEA managing director
Guy Carpenter, the global risk and reinsurance specialist and a wholly owned subsidiary of Marsh & McLennan Companies, has appointed Matthias Meyenhofer as managing director, Guy Carpenter.   5 January 2016
News
Rates continue to decline: Willis Re
Despite some signs of pricing stabilisation in peak property catastrophe zones at the June/July 2015 renewals, the forecasts for a “softening in the softening” in reinsurance pricing have proved deceptive, according to Willis Re.   4 January 2016
Alternative Risk Transfer
Looking Forwards – and Back
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
JBA Risk Management launches UK flood model
JBA Risk Management, a provider of flood modelling services, has released a high resolution, multi-peril flood model of the UK to assist the insurance industry place household risks with the new reinsurance facility, Flood Re.   18 December 2015

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