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JLT Re has appointed David Unsworth, formerly of Guy Carpenter, as senior vice president. He will be based in the new JLT Re Tampa office which will open later this month. 23 September 2014
Insurance
JLT Specialty Insurance Services, the US subsidiary of Jardine Lloyd Thompson Group (JLT), has strengthened its cyber risk team with three hires from Lockton. 23 September 2014
Alternative Risk Transfer
Ukraine-based insurance company BROKBUSINESS, a strategic partner of Bermudian niche reinsurer Phoenix CRetro, has been awarded a licence from the National Bank of Ukraine to post collateral abroad as part of its retro reinsurance capacity provision. 22 September 2014
Alternative Risk Transfer
The influx of alternative capital into the US property catastrophe reinsurance market is not being widely deployed into terrorism risk. 19 September 2014
Alternative Risk Transfer
Over the past two years, around $20 billion of new capital has entered into the reinsurance market. 19 September 2014
News
Zurich Insurance is buying less reinsurance as it seeks to actively deploy its own internal capital, according to Paul Horgan, global head of group reinsurance at the insurer. 17 September 2014
News
It would be “crazy” to carry more risk on the balance sheet than is necessary at a time when reinsurance is so cheap, believes William Dewsall, chief executive of European non-life insurer Gable Insurance, who attends Monte Carlo to meet and negotiate with his company’s reinsurers and brokers. 17 September 2014
Alternative Risk Transfer
As SCOR Global Investments marks the third anniversary of its insurance-linked securities (ILS) fund, the challenge for further growth now lies with those sourcing the risk, Maria Rapin, ILS portfolio manager, SCOR Global Investments, told Monte Carlo Today. 16 September 2014
Alternative Risk Transfer
With an increasing number of re/insurers beginning to enter the insurance-linked securities (ILS) market and issue cat bonds, two senior executives from users of these markets described the process at an event in Monte Carlo. 16 September 2014
News
As insurers in the EMEA region seek to manage their capital base more strategically, reinsurance is increasingly presenting itself as a useful form of capital. This presents a big opportunity for reinsurers, according to Eric Paire, head of EMEA Strategic Advisory for Guy Carpenter. 16 September 2014
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