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Insurance
In response to growing levels of business travel, AIG has launched a product that covers the policyholder for everything from lost baggage to incidents of terrorism. 21 March 2014
News
JLT Towers Re has appointed Bart Zanelli, formerly of Guy Carpenter GC Securities, as head of advisory for North America. 21 March 2014
Insurance
Most re/insurers are now managing capital using metric-based frameworks and are publishing more about their risk management targets than ever before. 20 March 2014
News
Howden Broking Group, part of Hyperion Insurance Group, will acquire NMB Colombia Corredores de Reaseguros SA, a reinsurance broker located in Bogota. 19 March 2014
Alternative Risk Transfer
Tokio Marine & Nichido Fire Insurance, the property and casualty subsidiary of Tokio Marine, has issued a $245 million Bermuda-based bond for Japanese earthquake risk. 19 March 2014
Insurance
Insurance investment manager, CATCo has launched Aquilo, the firm's first fund pursuing a traditional reinsurance investment strategy. 18 March 2014
News
JLT Towers Re Bermuda has launched its newly combined operations following the merger of JLT Re Bermuda and Towers Watson Re Bermuda. 18 March 2014
News
Cayman-based property and casualty (P&C) reinsurer Oxbridge Re has filed an Initial Public Offering (IPO) with the US Securities and Exchange Commission. 18 March 2014
Insurance
The US Senate has cleared a bill which will prevent the proposed flood-insurance premium increases for areas including Florida, Louisiana and New Jersey, which could have seen home owners face a 25 percent rate increase annually. 14 March 2014
Alternative Risk Transfer
The rapid growth of the insurance linked securities (ILS) markets on Bermuda will benefit the island’s economy by driving a new wave of capital spending and hiring on the island – a dynamic similar to what the waves of reinsurance start-ups brought to the island over the years. 13 March 2014
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