News
Alternative Risk Transfer
A lot happened quickly in the first half of 2017, but should that define the market for the quarters and years yet to come? Tom Johansmeyer of Verisk Insurance Solutions investigates. 28 July 2017
Insurance
Professional services firm Marsh & McLennan Companies increased revenue across its risk and insurance services in the second quarter of 2017, including reinsurance arm Guy Carpenter which grew 4 percent. 28 July 2017
Insurance
AXIS Capital saw its income for the first six months of 2017 decline by almost half, blaming the fall on the impact of the Ogden rate change in the UK, as well as property losses. 27 July 2017
Insurance
Aspen’s second quarter 2017 results showed that the company made a profit of $75.8 million for the period, up on the $64.9 million it made in the same quarter of 2016. 27 July 2017
Insurance
Lancashire Holdings has announced that it made a net operating profit of $30.9 million over the second quarter of 2017, an improvement over the $25.6 million it made in the same period of 2016. 27 July 2017
Insurance
JLT grew both its risk and insurance business and employee benefits business in the first half of 2017, in spite of challenging trading and economic conditions. 27 July 2017
Insurance
Mapfre reported substantial increases in both its direct insurance and accepted reinsurance in the second quarter of 2017, which it attributes to the performance of its Latin American businesses. 27 July 2017
Alternative Risk Transfer
With London’s insurance-linked securities hub set for an autumn launch, Guernsey Finance chief executive Dominic Wheatley, who before joining the island’s promotional agency was chief marketing officer of the Willis Global Captive Practice and managing director of its Guernsey business, shares his thoughts on what to expect. 27 July 2017
Alternative Risk Transfer
The pipeline of ILS products hit a record high at the midpoint of the year, according to Paul Schultz, CEO of Aon Securities. 27 July 2017
Alternative Risk Transfer
As the size of its economy grows, Russia is increasingly vulnerable to the devastating effects of a big catastrophe hitting the country. To manage these growing risks, the country’s governments and insurers should consider the many advantages of using insurance-linked securities, say Kirill Savrassov of Phoenix CRetro, Clive O’Connell of McCarthy Denning, and Rom Aviv of IBI ILS Partners. 27 July 2017
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