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Sidecar activity will dominate 2015

Europe02-02-2015Alternative Risk Transfer News

Growth in the collateralised market will increase in 2015, with a heavy focus on sidecars, but catastrophe bond growth is likely to be flat.

Niche reinsurers still have a role, reveals II survey

Europe02-02-2015Reinsurance News

Despite the wave of consolidation in the reinsurance industry at the moment, many believe that there remains a role for smaller, niche players, a survey by Intelligent Insurer has revealed.

Towergate to sell to creditors

Europe02-02-2015Insurance News

The board of UK-based Towergate Insurance has agreed a financial restructuring deal, which will see senior secured creditors take over ownership of the group.

TRIA lapse demonstrated terrorism risk appetite

North America02-02-2015Insurance News

The temporary lapse of the Terrorism Risk Insurance Act (TRIA) highlighted the willingness of the private sector to assume some types of risk currently off limits.

Obama signs order for higher flood risk standards

North America02-02-2015Reinsurance News

All federal investments in and affecting floodplains must meet higher flood risk standards, according to an executive order signed by President Barack Obama.

Cayman enacts PIC regulations

North America02-02-2015Insurance News

The Cayman Islands has enacted regulations aimed at enhancing the Island's insurance statutory framework and providing more flexibility for insurers.

CNA Hardy expands healthcare segment through Lloyd’s

Bermuda02-02-2015Insurance News

CNA Hardy has expanded its healthcare segment through Hardy, the company’s Lloyd’s platform.

EU regulators approve Flood Re

Europe30-01-2015Reinsurance News

The European Commission has approved Flood Re, the UK Government’s scheme to pool flood risk.

XL poaches AIG alternative solutions head

Europe30-01-2015Insurance News

XL Group has appointed Rob Turner as lead consultant to establish its complex accounts capabilities in London.

Secondary ILS market could generate price discounts

Europe30-01-2015Alternative Risk Transfer News, Insurance News, Reinsurance News

Increased trading in the secondary insurance-linked securities (ILS) market will offer many benefits to the reinsurance industry, such as a more detailed view of appropriate pricing.

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