News
Insurance
Greg Case, the chief executive of Aon, has defended the broker’s controversial sidecar deal with Berkshire Hathaway last year and said the facility has been a resounding success with clients despite a mixed reaction to it in the wider markets. 11 April 2014
Alternative Risk Transfer
2017 was a record-breaking year for ILS—and Bermuda again led from the front in terms of being both the domicile of choice for the special purpose vehicles issuing ILS and a hub of innovation for new structures and risks. 28 March 2018
Awards
We polled our readers and carried out independent research to compile our list of winners of the Intelligent Insurer European Awards 2012. Here, we present the results. 1 October 2012
Alternative Risk Transfer
Towers Watson Capital Markets last week arranged a private placement catastrophe bond, Oak Leaf Re 2012-1, which closed at $22.78 million. 2 July 2012
Insurance
SCOR’s acquisition of Generali US last year combined its rapidly growing status as a truly global and highly rated reinsurer – at a time when many big cedants are rationalising their reinsurance panels – helped the reinsurer post a record profit in 2013 while also enjoying substantial growth. 6 March 2014
Insurance
American International Group (AIG) has been loss-making for the last two years, but the reported 2017 net loss of $6.08 billion hides improvements on the operating side as a more in-depth look into the numbers reveals and CEO Brian Duperreault is working on getting the insurance giant back on a growth path. A changed reinsurance cover structure is also part of the plan. 22 February 2018
Insurance
Litmus Analysis, the specialist insurance analytical and advisory boutique, has hired former Morgan Stanley managing director Dominic Skeet, who joins the firm as a senior consultant. His appointment will improve the company’s expertise in relation to the banking sector, Litmus said. 30 January 2013
Insurance
Mark Hews has been appointed as group chief executive officer at Ecclesiastical – the UK specialist insurer of charities – after joining the company in 2009 as group chief financial officer and executive director of Ecclesiastical Insurance Office. 2 May 2013
Insurance
An EU-wide compulsory environmental liability insurance system would not benefit customers and so should not be introduced, according to Insurance Europe, the European insurance and reinsurance federation. 7 July 2014
Insurance
With a peak in solar and geomagnetic activity expected in 2013-2014, insurers need to work towards a better understanding of the consequences of a space weather event, according to a new report by Aon Benfield. 21 January 2013
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