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Insurance
Tokio Marine Europe, which will become Tokio Marine Kiln later this year, has appointed Zurich’s head of property lines for global corporate business as its chief underwriting officer. 24 April 2014
News
Flood Re, the UK Government’s scheme to pool flood risk, has appointed Harriet Boughton as its general counsel and Karen Clautour as head of operations. 14 January 2016
Insurance
The regulatory environment in Australia and New Zealand means that traditional reinsurance remains a more favoured option than the use of insurance-linked securities (ILS), according to Anthony Day, the chief executive of insurance at Suncorp, with responsibility for one of the largest placements of reinsurance in the world. 11 September 2017
Insurance
The insurance-linked securities (ILS) market is entering a new phase of innovation as investors seek new risks and issuers seek innovative solutions that are beyond the means of traditional reinsurers to deliver. 11 September 2017
Insurance
Reinsurers—especially those writing long-tail quota share business—should pay much closer attention to the financial health of their cedants or face what could be dire consequences if that insurer goes out of business. 11 September 2017
Alternative Risk Transfer
The recent issuance of a new cat bond by the World Bank Group’s International Bank for Reconstruction and Development (IBRD) covering natural catastrophes in Mexico, demonstrates the further maturity of the ILS sector and an increasing willingness by governments to use this form of risk transfer. 11 September 2017
Insurance
Liability losses in excess of $1billion are becoming more commonplace for companies and are no longer confined to the US and Europe, according to an Allianz report. 3 April 2017
Insurance
Indian reinsurer GIC Re is preparing to launch an IPO. Chairman-cum-managing director Alice G Vaidyan explains the reasons behind it and the company’s plans for the months ahead to Monte Carlo Today. 10 September 2017
Insurance
Following the major fire at Grenfell Tower in North Kensington, west London, casualty accumulations and casualty losses have come right into the focus of casualty re/insurers and the assessment shows that commercial clients are not buying enough liability limits. 23 June 2017
Insurance
Ascot Underwriting, Ascot’s US operation, has appointed Scott Beall as chief underwriting officer of casualty facultative and Lex Smart as senior vice president of Ascot Fac. 3 June 2015
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