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Insurance
Property Claim Services (PCS), a division of Verisk Analytics, has launched a new service featuring weather analysis maps of affected areas as part of the catastrophe designation and loss estimate bulletins for the property/casualty insurance industry. 9 April 2014
Alternative Risk Transfer
In a year that has already seen a number of first time issuers use the insurance linked securities (ILS) markets to secure protection, two more notable issuers are in the process of marketing cat bonds. 8 April 2014
Insurance
Aurigen Capital, the Bermuda-based insurance holding company with a focus on the reinsurance of life insurance policies, is looking to complete an initial public offering (IPO) in Canada. 8 April 2014
Alternative Risk Transfer
The recently closed $245 million catastrophe bond issued by Tokio Marine & Nichido Fire Insurance could prompt other big Japanese insurers to also tap the insurance linked securities (ILS) markets as an alternative means of risk transfer. 4 April 2014
Insurance
Willis Group has appointed Alan Hewitt, formerly of Jardine Lloyd Thompson, as multinational practice leader in its global human capital and benefits practice. 3 April 2014
News
Reinsurance broker Guy Carpenter has hired the direct reinsurance team from a subsidiary of Endurance Specialty Holdings. 3 April 2014
Alternative Risk Transfer
Kiskadee Investment Managers, Hiscox Re’s insurance-linked securities (ILS) asset management subsidiary, has hired the former chief operating officer of AlphaCat Managers and the former chairman of the Bermuda Monetary Authority (BMA). 2 April 2014
Alternative Risk Transfer
The world’s first fund-of-funds dedicated solely to investing in insurance-linked securities (ILS) has been launched by ILS Advisers, an Asia-based investment consultant focused exclusively on ILS deals. 2 April 2014
Insurance
Specialty insurer, Ironshore Canada has appointed key executives within its Mergers & Acquisitions division and IronPro, the professional and management liability unit of Ironshore. 1 April 2014
Insurance
Argo International, the Lloyd’s insurer and member of Argo Group, has appointed Greg Walters as class underwriter for its onshore energy account. He will report to head of marine & energy Philip Thorpe-Apps. 1 April 2014
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