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Guernsey’s new ILS hybrid: even closer to the risk
Alternative Risk Transfer
Christopher Anderson, partner at law firm Carey Olsen in Guernsey, has introduced the concept of a hybrid ILS vehicle. Here he explains why and how he came up with the idea.   24 April 2019
Lockton launches agribusiness practice in Asia Pacific with JLT hire
Insurance
Broker Lockton has launched a food and agribusiness practice across Asia-Pacific with the hiring of Stephane Baldanoff as regional director.   24 April 2019
Aon merges construction and inland marine groups in growth strategy
Insurance
Re/insurance broker Aon is merging its construction & engineering and inland marine teams into a single global unit within its reinsurance solutions business, in a move it hopes will enhance its growth opportunities.   24 April 2019
Insurance
Broker Marsh & McLennan Companies (MMC) is merging the Latin American facultative reinsurance operations of its wholly owned subsidiaries Marsh and Guy Carpenter with that of Jardine Lloyd Thompson Group (JLT). The combined business will be known as Carpenter Marsh Fac Re.   23 April 2019
Insurance
Bermuda-based specialty re/insurer Sompo International Holdings has appointed Thomas Brazil as the new chief executive officer of SI Insurance (Europe), the company’s platform for European Economic Area (EEA) insurance business.   23 April 2019
Insurance
Tony Ursano is stepping down as the president of reinsurance broking and risk/capital management firm TigerRisk Partners.   23 April 2019
News
While the insurance industry has traditionally been slow-moving and often late to embrace technology, this has changed in the past two years with most carriers now willing to explore the potential of artificial intelligence (AI) specifically as they bid to stay ahead of the curve.   18 April 2019
Insurance
Specialty re/insurer Canopius has signed a definitive agreement to merge its Lloyd’s business with AmTrust at Lloyd’s, a division of AmTrust Financial.   18 April 2019
Insurance
Liberty Specialty Markets (LSM), part of Liberty Mutual Insurance Group, has promoted Emmanuel Silvestre to deputy general manager of its French operation.   18 April 2019
Insurance
The British Insurance Brokers’ Association (BIBA) has appointed Alastair Blundell, formerly head of distribution at Tokio Marine Kiln Group, to a new position of head of general insurance.   17 April 2019

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