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Hyuk Hee Won, chairman of Korean Re, has passed away at the age of 90. 4 April 2016
Insurance
Ryan Direct Group (RDG), the insurance services business and a subsidiary of Chicago-based Ryan Specialty Group (RSG), has announced it acquisition of Midas Underwriting was completed on 31 March, 2016. 1 April 2016
Alternative Risk Transfer
Artex Risk Solutions, subsidiary of broker Arthur J Gallagher, is to buy a company that offers protected cell company (PCC) facilities to the insurance-linked securities (ILS) industry – a move it said strengthens its offering in this sector. 30 March 2016
News
Zurich-based catastrophe data company PERILS has issued its fourth and final loss estimate for windstorm Mike-Niklas. 29 March 2016
Insurance
Terrorism threats are gradually increasing and that today’s policies are not meeting today’s evolving threat, according to a new report by JLT Re and JLT. 24 March 2016
Insurance
PERILS, provider of European catastrophe insurance data, has estimated its second loss estimate for the floods in the UK which occurred between 25 December 2015 to 14 January 2016 following storms Eva and Frank in late December, and further low pressure systems in early January 2016. 24 March 2016
Insurance
Despite falling revenues, energy firms must maintain their investment in risk management to reduce the potential for future major incidents and insurance claims, according to broker Marsh. 23 March 2016
Insurance
International broker Arthur J Gallagher & Co has acquired Kane Group’s insurance management operations (KIM). 23 March 2016
Insurance
Insured catastrophe losses in 2015 were below average, according to a new report by Guy Carpenter, despite the year being one of the strongest El Niño periods on record. 22 March 2016
Alternative Risk Transfer
Artex Risk Solutions, the Bermuda-based global insurance management firm, has acquired the captive management and insurance linked securities (ILS) administration business of fellow insurance manager Kane. 22 March 2016
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