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Insurance
Why cat models require a more proactive than reactive approach
Catastrophes in 2016, both natural and manmade, have reinforced Impact Forecasting’s view that cat models require a more proactive than reactive approach, Adam Podlaha, the company’s chief executive, told Monte Carlo Today.   14 September 2016
Insurance
CEO of broker ‘Ed’ justifies new name; reveals plans to launch in Bermuda
Possibly the biggest single talking point of Monte Carlo 2016 has been the surprise and somewhat bizarre rebranding of broker Cooper Gay as Ed.   14 September 2016
Insurance
Barbican Managing Agency seeks partnerships
Barbican’s managing agency is seeking diversification and growth through corporate partnerships, Ian Bremner, managing director of Barbican Managing Agency, told Monte Carlo Today.   14 September 2016
Insurance
Antares seeks reinsurers for new business lines
Specialist Lloyd’s re/insurer Antares is seeking reinsurance partners to work with on several new classes of business including casualty and accident and health (A&H).   14 September 2016
Insurance
Novae hires Beazley and Liberty execs
Lloyd’s insurer Novae has strengthened its cyber team with three appointments.   13 September 2016
Insurance
THB lures Hiscox COO
Re/insurance and risk management group THB has appointed Sasa Brcerevic as chief operating officer (COO).   13 September 2016
Insurance
Carriers must assess risk of losing passporting rights
If UK insurers lose passporting rights as a result of the country’s exit from the European Union, they must develop the right solutions to manage the related risks going forward, Paul Latarche, director of Moore Stephens, told Monte Carlo Today.   13 September 2016
Alternative Risk Transfer
JLT Capital Market closes $30.8m cat bond
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
Lloyd’s could negotiate directly with EU as it seeks post-Brexit certainty
Lloyd’s has not ruled out direct negotiations with the European Union as it looks to secure access to the European Economic Area (EEA) when the UK leaves the European Union, Inga Beale, chief executive of Lloyd’s, told Monte Carlo Today.   13 September 2016
Insurance
Asta finances UK-focused MGA
Managing agent Asta has finalised a transaction to finance the development of UK-focusing managing general agent (MGA) OverArk.   12 September 2016

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