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ILS woes could trigger hardening in retro markets
Alternative Risk Transfer
A combination of losses in 2018, capital still trapped in relation to 2017 events and a lack of new capacity entering the market, will likely lead to a hardening of the pricing of ILS deals and higher prices in the retro market in 2019.   10 January 2019
Insurance
Specialty re/insurer MS Amlin has increased its protection and indemnity (P&I) capacity for 2019.   10 January 2019
Willis Towers Watson names new head of Australasia
Insurance
Broker Willis Towers Watson has appointed Simon Weaver as new head of Australasia, replacing Andrew Boal who has resigned after 27 years at the company.   10 January 2019
Insurance
AXA XL Risk Consulting has partnered with Expert System, a specialist in the use of artificial intelligence (AI), to help its underwriters make better decisions to when assessing property risk engineering risks.   10 January 2019
Insurance
Re/insurance broker Aon has partnered with SBC InsurTech, a company focused on innovation programmes for the insurance industry, help its clients make better decisions around how they might partner with and invest in insurtech start-ups.   10 January 2019
Insurance
Marsh & McLennan Companies (MMC) has outlined pricing plans to issue $5 billion of senior debt across six different bonds used to fund its acquisition of JLT Group.   9 January 2019
Alternative Risk Transfer
US insurer Liberty Mutual has secured $150 million of collateralised reinsurance capacity through its Bermuda domiciled segregated account company Limestone Re.   9 January 2019
Insurance
Specialty re/insurance underwriter Argo Group International Holdings has renewed Harambee Re as its sidecar reinsurer for 2019.   9 January 2019
News
Liberty Mutual Re, part of Liberty Mutual Insurance Group, has appointed Uwe Haug as head of underwriting strategy and business development for its global financial risks reinsurance business.   8 January 2019
Insurance
Swiss Re Corporate Solutions has launched a new parametric water-level insurance coverage called FLOW.   8 January 2019

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