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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
Nexus Underwriting Management (Nexus) is looking to acquire specialty niche MGA's in order to boost underwriting profit, according to executive chairman Colin Thompson. 6 July 2016
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
Cooper Gay has expanded its energy division with the appointment of Simon Hirst-Marsden as head of energy technical upstream and Tony Rastall as divisional director of energy, specialising in onshore construction risks. 7 September 2016
News
Jardine Lloyd Thompson Group (JLT) has acquired South African employee benefits and healthcare broker and consultant, Eluleka Consulting. 28 November 2013
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
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
News
Sompo Japan Canopius Reinsurance has been assigned financial strength ratings (FSR) of ‘A’ (Excellent) from AM Best and ‘A+’ from Standard & Poor’s (S&P). 26 November 2015
Insurance
Broker Integro has strengthened its entertainment practice with the acquisition of London-based managing general agent (MGA) Entertainment Risk Management (ERM). 26 August 2015
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