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Insurance
A growing number of big brands are buying death and disgrace insurance coverage through Lloyd’s to protect themselves against financial losses incurred on campaigns involving celebrity athletes, musicians, and film stars where the celebrity in question either behaves inappropriately or is unable to continue to represent the brand.   30 June 2014
A view from both sides
Alternative Risk Transfer
The catastrophe bond market is rapidly developing to engage a broader universe of participants. Michael Popkin and Rick Miller, managing directors—co-heads of ILS at Jardine Lloyd Thompson Capital Markets discuss the changing dynamic in the sector.   27 June 2014
ILS systems: a matter of survival
Alternative Risk Transfer
As technologies evolve and the ILS sector continues on a rapidly expanding road, Dmitry Mnushkin, president of Treefrog Consulting, explains that current market leaders must seek a swift transition to the next generation of products or risk being made irrelevant by new entrants.   27 June 2014
Insurance
Despite the belief that the changing climate is impacting London businesses’ operations, few are quantifying the financial costs and, as a result, are failing to invest in suitable risk mitigation strategies.   27 June 2014
Insurance
Marsh & McLennan (MMC) is to acquire a 34 percent share in South African insurance and investment consultant Alexander Forbes. The broker said the deal will broaden its exposure to the growth prospects present in South Africa and sub-Saharan Africa.   25 June 2014
Insurance
Marsh has launched a cyber risk financing optimisation tool in Europe in a move it says will help firms manage their cyber risks more effectively, by enabling them to evaluate their insurance needs and exposures.   25 June 2014
Insurance
Bermuda-based Validus has agreed a deal to buy US specialty lines insurer Western World Insurance Group for $690 million.   24 June 2014
Insurance
ACE has appointed Adam Groves, formerly of Marsh, to the role of energy underwriter for ACE in the Middle East North Africa (MENA) region, as it continues to strengthen it energy insurance capabilities in the region.   24 June 2014
Insurance
Marsh has appointed Ann Longmore, previously of Willis, as multinational practice leader of the firm’s FINPRO practice in New York.   24 June 2014
Insurance
Marsh has launched cyber gap insurance in a move it says will combat the failure of existing cyber insurance policies to provide adequate protection.   24 June 2014

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