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Insurance
Lucy Clarke, deputy chief executive officer (CEO) of JLT Specialty, has been appointed to the JLT Group executive committee. 27 September 2016
Insurance
Ascot Underwriting has appointed John Lloyd, a founding director of Lloyd Thompson (now JLT), to its board as an independent non-executive director. 22 September 2016
Insurance
Re/insurance broker and consultant JLT Re has appointed Jonathan Garnett as managing director of Malaysia, based in the company’s Kuala Lumpur office. 21 September 2016
Insurance
Willis Towers Watson has appointed Andrew Boal as regional head of Australasia, following the departure of chairman and CEO Tony Barber, who has now moved to JLT. 16 September 2016
Insurance
The question of whether the growing diversity of capital entering the risk transfer industry will ultimately end its traditionally cyclical nature was debated by senior industry executives at the annual Intelligent Insurer roundtable in Monte Carlo. 14 September 2016
News
India reinsurer GIC Re enjoyed growth of 21.4 percent last year (in the 12 months to March 31, 2016) and anticipates similar levels of growth in the next period driven by both international expansion and growth in its domestic market, Alice Vaidyan, chairman-cum-managing director, GIC Re, told Monte Carlo Today. 14 September 2016
Insurance
Reinsurance remains a very attractive option for insurers in the current economic environment, especially because it is now so flexible, David Flandro, global head of JLT Re’s analytics division, told Monte Carlo Today. 13 September 2016
Alternative Risk Transfer
Jardine Lloyd Thompson Capital Markets (JLTCM), part of JLT Re, has closed catastrophe bond Market 2016-5 (Weather) at $30.8 million. 13 September 2016
Insurance
While the idea that the current soft market environment is a “new norm” for the industry will be greeted as bad news by many reinsurers, there are companies which believe the industry can rise to and embrace this challenge, putting themselves ahead of the pack in the process. 13 September 2016
News
The idea that tiers are emerging in the reinsurance industry is valid, but not in the way some expect. The industry’s new class of tier 1 players are nimble, innovative, savvy in their use of technology, cutting-edge in their risk selection and have their costs and expenses under control, Kathleen Reardon, chief executive of Hamilton Re, told Monte Carlo Today. 12 September 2016
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