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Insurance
A senior executive from the National Flood Insurance Program (NFIP) has said the body wants insurers and reinsurers to find ways of moving this risk back into the private sector. 6 March 2014
News
The first Scandinavian-based manager of a cat bond fund will launch in 2014 subject to regulatory approval by the Swedish Financial Supervisory Authority (Finansinspektionen). 6 March 2014
News
Israeli insurer Israel Direct Insurance (IDI) has completed an innovative first of its kind cat bond deal using a parametric trigger facilitating protection against earthquake losses. 6 March 2014
Alternative Risk Transfer
The growth of the insurance linked securities (ILS) markets could be good for the insurance industry as a whole but some concerns remain around the risk modelling used by these deals and standardisation of documentation in the market could be improved. 6 March 2014
Alternative Risk Transfer
It is unlikely that activity in the insurance-linked securities (ILS) markets in 2014 will outstrip the level seen in 2013. 6 March 2014
News
Guy Carpenter has made several changes to its senior leadership team including appointing a new CEO of Continental Europe. 5 March 2014
Insurance
Argo Re, part of the Argo Group, has become the latest reinsurer to form a vehicle that will allow it to participate in the rapidly growing insurance-linked securities (ILS) markets. 4 March 2014
Insurance
Jardine Lloyd Thompson Group (JLT) posted strong results for 2013 but also warned that the environment in which it is operating is becoming increasingly challenging. 4 March 2014
News
Broker JLT Towers has appointed Embry Nichols as vice president of JLT Towers Re Public Entity Practice. Nichols previously worked at Willis North America. 4 March 2014
Insurance
The insurance industry watchdog in Pakistan has taken the first steps towards what could become a fundamental overhaul of its regulatory regime for the insurance industry in the country. 4 March 2014
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