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Alternative Risk Transfer
The African Risk Capacity (ARC) agency has launched the first ever African catastrophe insurance pool. The deal is underpinned by $55 million of index-based reinsurance capacity from the international weather risk markets secured by Willis. 15 May 2014
Insurance
Broker Miller has strengthened its non-marine reinsurance team with the appointment of Tim Mullis to its accident and health treaty reinsurance business. 15 May 2014
Insurance
Marine insurer Skuld and the board of managing agency Asta Syndicate have appointed Mike Bennett as active underwriter on Syndicate 1897, following his interim appointment in early March. 13 May 2014
Insurance
Enstar Group, the Bermuda-based run-off specialist, increased its profits in the first quarter of 2014 as the company digested several key acquisitions made in the past 12 months. 12 May 2014
Insurance
ING Group, the Dutch financial services group, posted a solid set of results in the first quarter of 2014 as it prepares to fully divest its subsidiary NN Group via an IPO. 12 May 2014
Alternative Risk Transfer
Jardine Lloyd Thompson Capital Markets (JLTCM), part of JLT Towers Re, has completed a $10 million catastrophe bond for an unnamed cedant using a newly formed vehicle designed to make the capital markets more accessible to issuers looking to do smaller-sized cat bonds. 9 May 2014
Insurance
Scandinavian insurance group Sampo enjoyed higher profits in the first quarter of 2014 in a set of solid results. But it warned on the unpredictable long-term implications of the rising tensions between Russia and the west over Ukraine. 8 May 2014
Insurance
European insurer Allianz posted record revenues in the first quarter of 2014 and said it is well on track to achieve its target of a €10 billion operating profit for the year. 7 May 2014
Insurance
Guy Carpenter has strengthened its mutual company specialty practice with two new executives from JLT Towers Re. 6 May 2014
Insurance
Marsh & McLennan Companies posted solid growth in the first quarter of 2014 through a mixture of incremental growth across the business, including in reinsurance brokerage unit Guy Carpenter, and double digit growth in some of its emerging markets units in broker Marsh. 6 May 2014
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