Endurance Specialty appoints CEO of US Insurance
Endurance Specialty Holdings has appointed Douglas Worman as executive vice president and chief executive officer of US Insurance.
TransRe opens office in Singapore
TransRe has received a license from the Monetary Authority of Singapore for its fifth office in the region, joining Hong Kong, Shanghai, Sydney and Tokyo.
JLT invests in Dubai-based broker
Jardine Lloyd Thompson Group (JLT) has invested in a significant shareholding in Insure Direct (Brokers), a Dubai-based insurance broker and employee benefits advisor.
JLT Towers Re is officially launched
Jardine Lloyd Thompson Group (JLT) has formally launched JLT Towers Re, following its acquisition of Towers Watson's reinsurance broking business.
European insurers will sustain wind losses
Non-life insurers in the UK and Western Europe remain on course to post strong overall performances in 2013, despite the windstorm of October 28. However, smaller, regionally focused German companies may incur underwriting losses for the year from an accumulation of natural catastrophes.
Aon-XL unveil cat product for healthcare clients
Aon Risk Solutions and XL Insurance (Bermuda), XL Group's Bermuda insurance, have launched a new stand-alone integrated occurrence product for the healthcare industry called Catastrophic Integrated Occurrence or CAT IO.
Bullish outlook for reinsurance across Asia
The reinsurance markets across Asia are bustling with confidence although the outlook on pricing and profitability for the next 12 months is slightly waning.
Deutsche Bank launches longevity index
Deutsche Bank it has launched a new population-based longevity product to help insurance companies and pension funds hedge their longevity risk exposure.
Guy Carpenter extends industrial parks database
Guy Carpenter has extended a database of digitised boundaries of industrial parks are across Asia to include Vietnam, Malaysia and South Korea. The database can be used as a tool to better understand and price flood risk in the region.
CGSC responds to Moody’s downgrade
Cooper Gay Swett & Crawford (CGSC), the global wholesale and reinsurance broking group, has responded to a recent downgrade by Moody’s from B2 to B3.
