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Reinsurance buying spend has reduced every year for the last ten years as a result of the change in buying patterns, greater centralisation of companies and higher retentions. 9 January 2015
News
Further consolidation will reshape the market in 2015 as re/insurers continue to seek value. 8 January 2015
News
Alastair Speare-Cole, the former chief executive officer (CEO) of JLT Re, has joined Qatar Re as chief underwriting officer. 8 January 2015
Alternative Risk Transfer
A series of ‘firsts’ seen by the insurance-linked securities (ILS) market in 2014 have been transformational for the sector, which saw $7.8 billion of issuance, of which $1.5 billion represented the largest catastrophe bond in the market’s history. 7 January 2015
Insurance
Jardine Lloyd Thompson (JLT) has, through its Irish subsidiary, acquired Liberty Asset Management from Friends First Life Assurance Group. 7 January 2015
News
In a continuing trend, reinsurance pricing fell at the January 2015 renewals in almost all lines of business and geographies. 7 January 2015
Insurance
JLT Specialty Insurance Services, a US subsidiary of Jardine Lloyd Thompson (JLT), has strengthened its energy team with a number of appointments. 6 January 2015
Alternative Risk Transfer
Swiss insurer, Gebäudeversicherung Bern (GVB), has launched the first ever Swiss Franc catastrophe bond. 6 January 2015
News
Integro Re, the reinsurance division of broker Integro, has appointed Joseph Leotta as a principal in New York. 6 January 2015
News
Specialty re/insurer Brit has launched a new Bermuda-based special purpose reinsurer to provide collateralised capacity support for Brit’s property treaty portfolio. 5 January 2015
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