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Insurance
The large number of acquisitions made by Arthur J. Gallagher in recent years has partly driven rapid consolidation in the UK commercial lines broking market. But it remains less concentrated than the French and Italian markets. 7 July 2014
Insurance
Broker Jardine Lloyd Thompson (JLT) has acquired a 26 percent stake in Independent Insurance Brokers (IIB). 3 July 2014
Insurance
Broker Marsh has launched a new global placement organisation headed by Dean Klisura. 3 July 2014
Alternative Risk Transfer
More details have emerged of the catastrophe bond that has been issued by the World Bank on behalf of the Caribbean Catastrophe Risk Insurance Facility (CCRIF). 2 July 2014
Insurance
American Overseas Group has appointed David Alexander as executive vice president of the company. 2 July 2014
News
Rating agency Fitch has upgraded the insurer financial strength (IFS) ratings of Wilton Re and all its different units to A+ from A. 2 July 2014
Insurance
A growing number of big brands are buying death and disgrace insurance coverage through Lloyd’s to protect themselves against financial losses incurred on campaigns involving celebrity athletes, musicians, and film stars where the celebrity in question either behaves inappropriately or is unable to continue to represent the brand. 30 June 2014
Insurance
Despite the belief that the changing climate is impacting London businesses’ operations, few are quantifying the financial costs and, as a result, are failing to invest in suitable risk mitigation strategies. 27 June 2014
Alternative Risk Transfer
The catastrophe bond market is rapidly developing to engage a broader universe of participants.
Michael Popkin and Rick Miller, managing directors—co-heads of ILS at Jardine Lloyd Thompson Capital Markets discuss the changing dynamic in the sector. 27 June 2014
Alternative Risk Transfer
As technologies evolve and the ILS sector continues on a rapidly expanding road, Dmitry Mnushkin, president of Treefrog Consulting, explains that current market leaders must seek a swift transition to the next generation of products or risk being made irrelevant by new entrants. 27 June 2014
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