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Insurance
Kane boosts its growing ILS team
Independent insurance manager Kane has promoted Stephen Lister to the position of insurance-linked securities (ILS) manager in Kane Bermuda.   14 April 2014
Insurance
Willis boosts ILS unit with two hires
Willis Capital Markets & Advisory (WCMA), part of broker Willis, has strengthened its capital markets division with two appointments.   14 April 2014
Alternative Risk Transfer
Strong ILS issuance forecast for second quarter
Strong levels of investment-linked securities (ILS) issuance are expected in the second quarter of 2014 as issuers benefit from reduced spreads, improved speed to market and more flexible terms.   11 April 2014
Insurance
AIR integrates third-party data and models
Catastrophe modelling firm AIR Worldwide has begun integrating third-party catastrophe data and models within its Touchstone risk modelling software platform.   10 April 2014
News
Guy Carpenter appoints head of Turkish operations
Reinsurance broker Guy Carpenter has appointed Okan Utkueri as managing director and head of the firm’s operations in Turkey.   10 April 2014
Insurance
Excess capital and competition hit April renewals
Strong balance sheets, an abundance of capacity and a consolidation of buying led to lower reinsurance pricing across most territories and business segments at the April renewals.   10 April 2014
Insurance
PCS adds weather maps to cat service
Property Claim Services (PCS), a division of Verisk Analytics, has launched a new service featuring weather analysis maps of affected areas as part of the catastrophe designation and loss estimate bulletins for the property/casualty insurance industry.   9 April 2014
Alternative Risk Transfer
Generali and Everest Re seek ILS first
In a year that has already seen a number of first time issuers use the insurance linked securities (ILS) markets to secure protection, two more notable issuers are in the process of marketing cat bonds.   8 April 2014
Insurance
Bermuda life reinsurer Aurigen seeks IPO
Aurigen Capital, the Bermuda-based insurance holding company with a focus on the reinsurance of life insurance policies, is looking to complete an initial public offering (IPO) in Canada.   8 April 2014
Alternative Risk Transfer
Tokio cat bond will encourage Japanese issuers
The recently closed $245 million catastrophe bond issued by Tokio Marine & Nichido Fire Insurance could prompt other big Japanese insurers to also tap the insurance linked securities (ILS) markets as an alternative means of risk transfer.   4 April 2014

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