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Insurance
Vario Global Capital, the new venture unveiled by Guy Carpenter and Vario Partners last week, will help create a new asset class of insurance-linked securities (ILS) that will revolutionise the way insurers manage their capital and which could grow to be six times bigger than the now established asset class of catastrophe-linked bonds.   13 September 2015
Alternative Risk Transfer
Catastrophe bond coverage has reached a $24 billion year-end high, despite a decrease in catastrophe bond issuance from last year.   11 September 2015
News
Roderick Thaler, the former vice chairman of the Americas at Aon Benfield, has resurfaced at reinsurance broker Holborn.   11 September 2015
Alternative Risk Transfer
Barbican Insurance Group has received in principle approval from the Lloyd’s to manage a syndicate funded by Credit Suisse’s insurance-linked securities (ILS) team.   11 September 2015
Insurance
Pioneer Underwriters, a subsidiary of Minova Insurance, has appointed two former XL Catlin executives to launch a professional liability division.   11 September 2015
Insurance
Lloyd’s insurer Novae has appointed James Green as class underwriter for renewable energy.   11 September 2015
Insurance
Financial holding company Markel and specialist investment management business CATCo Investment Management (CATCo) have jointly announced that they have entered into an agreement whereby Markel will acquire all of the assets of CATCo.   10 September 2015
Insurance
Vario Partners, an insurance analysis and modelling firm, and Guy Carpenter, have unveiled a new joint venture that will structure and place non-catastrophe insurance linked securities (ILS).   10 September 2015
Insurance
Insurers that rely on cheap reinsurance backed by inadequate underwriting standards to support growth could face being downgraded, Standard & Poor's (S&P) has warned.   7 September 2015
Insurance
The recent explosions and subsequent losses in Tianjin, China, will likely be one of the biggest man-made losses ever to have occurred in Asia.   4 September 2015

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