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Overcapacity in the international construction, property & casualty markets in the first half of 2014 has resulted in rate reductions of up to 30 percent for commercial insurance buyers, according to Willis. 16 July 2014
Alternative Risk Transfer
Hiscox enjoyed strong growth in the first quarter of the year with its ILS business and speciality lines portfolio making up for tough market conditions in other lines including its reinsurance business Hiscox Re. 12 May 2015
Insurance
Capita Insurance Services has completed a transaction to finance the start–up of Pardus Holdings by taking a minority stake. 19 May 2014
Insurance
Howden Broking Group, part of Hyperion Insurance Group, has acquired two Colombian insurance brokers, Wacolda and Proseguros. 17 February 2014
Insurance
RenRe's planned acquisition of Platinum Underwriters has caused mixed reviews amongst rating agencies. 26 November 2014
Insurance
Marsh & McLennan (MMC) is to acquire a 34 percent share in South African insurance and investment consultant Alexander Forbes. The broker said the deal will broaden its exposure to the growth prospects present in South Africa and sub-Saharan Africa. 25 June 2014
News
The proposed initial public offering (IPO) filed by Third Point Reinsurance proves that investor interest in the reinsurance sector is alive and well – although the success and pricing of the eventual offering will indicate exactly how much this is the case. 17 July 2013
Insurance
Steve Hearn, deputy CEO of Willis Group Holdings has been elected as chairman of the London & International Insurance Brokers’ Association (LIIBA), an association which represents insurance brokers in London and international markets. He succeeds Graham Clarke of Miller, who continues as deputy chairman of LIIBA. 17 March 2014
Insurance
Windstorm risk is an “acquirable commodity”, and one that the private sector is working hard to gain control over. 16 February 2015
News
The amount of reinsurance capacity entering the market has slowed compared with previous years, Ulrich Wallin, CEO of Hannover Re, said at a press conference in Monte Carlo yesterday (Monday September 14). 14 September 2015
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