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Insurance
The Isle of Man Government has launched new Insurance Special Purpose Vehicle (ISPV) legislation designed to facilitate Insurance Linked Securities (ILS) and similar transactions. 9 March 2015
Insurance
Law firm Drinker Biddle & Reath has added two US lawyers to its London Office. 9 March 2015
Insurance
MSIG at Lloyd’s has hired a property underwriter and a power & utilities underwriter. 9 March 2015
Insurance
Lloyd’s broker Lonmar Global Risks has hired Alastair Johnstone as divisional director of its non-marine division. 6 March 2015
Alternative Risk Transfer
ILS Fund Services, a Bermuda fund administrator, has hit a significant landmark with its assets under administration exceeding $3 billion for the first time. 6 March 2015
Insurance
CGSC North America, part of broker Cooper Gay Swett & Crawford, has made three senior appointments in its business development, partnerships and marketing operations. All will report to Tom Ruggieri, CEO of CGSC North America. 5 March 2015
Alternative Risk Transfer
Christophe Fritsch, who heads the insurance-linked securities unit at AXA Investment Managers, the asset management unit of AXA, has been handed the role of head of structuring in addition to his existing roles. 5 March 2015
News
Advocate Reinsurance Partners, a reinsurance broker in Dallas, has appointed two senior executives to run its new Minneapolis/St. Paul office – one joins from Capital Risk Partners and the other from TigerRisk Partners. 5 March 2015
Alternative Risk Transfer
The ILS market has seen encouraging and solid growth, despite debate and skeptism on the durability of the capital flow into the sector. 4 March 2015
Alternative Risk Transfer
Global reinsurer Sequant Re has appointed Lola Myshketa, former head of asset management of Bermuda Commercial Bank, as executive vice president. 4 March 2015
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