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Liberty Mutual has launched a new source of reinsurance, equipment breakdown, for property and casualty insurers. 9 May 2014
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Cooper Gay Asia, the Asian arm of the reinsurance and wholesale broker Cooper Gay Swett and Crawford (CGSC), has appointed a Willis executive to develop niche product offerings. 1 October 2014
Insurance
Modernising the London Market is essential if it is to compete with other re/insurance hubs and competitors in the world. But resistance from the front office, where brokers and underwriters may be reluctant to change their behaviour, could threaten the plan’s success. Intelligent Insurer reports. 11 August 2016
Insurance
More than half (64 percent) of insurance chief executive officers view the increasing tax burden as a threat to their growth prospects. 6 July 2015
Insurance
The merger of broker Willis and professional services company Towers Watson makes strategic sense according to Keefe, Bruyette & Woods (KBW). 3 July 2015
Insurance
While the insurance-linked securities market remains very active in 2015, Aon Benfield’s investment banking team is seeing growth in several other diverse areas, as Paul Schultz, CEO, Aon Securities, tells Intelligent Insurer. 15 September 2015
Insurance
A new re/insurer has been formed with $750 million of capital provided by various funds managed by Golden Gate Capital, a private investment firm, and led by two seasoned industry executives who have also invested. 14 May 2015
Insurance
The chief financial officer (CFO) of re/insurance intermediary Hyperion Insurance Group, Eric Fady, is set to step down. 1 July 2015
Insurance
Munich Re’s primary insurance subsidiary Great Lakes Australia (GLA) has reached an agreement to support Australia’s largest broker network, Steadfast Group, in its proposed acquisition of Calliden Group. 27 August 2014
Insurance
A UK inquiry into Solvency II (S2) and the impact of post-Brexit change is likely to look closely at capital requirements for annuities and at potential risks for reinsurers if future UK rules are not considered equivalent to S2, Fitch Ratings has said. 15 September 2016
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