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Citi once again reached the top spot for best bank for letters of credit with a score of 6.43. Following closely behind were Barclays with 6.42 and HSBC with 6.36. 14 September 2014
Awards
Best Reinsurance Broker for Client Responsiveness (revenues of more than $1bn) winner: Guy Carpenter
Guy Carpenter shot into first place for best reinsurance broker for client responsiveness with revenues of more than $1 billion with a score of 7.10 out of 10. 14 September 2014
Awards
The award for the overall reinsurance broker with less than $1 billion in revenue went to JLT Towers Re with a score of 150 based on the methodology explained below. Commended throughout the survey, the broker received positive feedback from many responders. 14 September 2014
Awards
Two brokers, JLT Towers Re and Beach & Associates, battled it out for the top slot for best reinsurance broker for innovation with revenues of less than $1 billion, with the former just pipping Beach & Associates to the post with a score of 6.478 out of 10. 14 September 2014
Alternative Risk Transfer
Interest from small and mid-sized cedants in the use of ILS as a risk transfer mechanism is growing fast and several platforms are now able to facilitate transactions around the $10 million mark, as Robert Eastham, managing director of Kane Bermuda, tells Intelligent ILS. 13 September 2014
Insurance
Broker Marsh has appointed Dean Klisura as global head of industries and placement. He replaces Jim Pierce who has joined Jardine Lloyd Thompson as chairman of its new US specialty business. 12 September 2014
Insurance
Jardine Lloyd Thompson (JLT) has appointed Jim Pierce as chairman of its new US specialty business, JLT Specialty Insurance Services. 11 September 2014
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