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Insurance
Martin Sullivan, the former chief executive of AIG and now a partner in Lightyear Capital, has denied rumours that the private equity firm is looking to sell its stake in broker Ed—of which he is also non-executive chairman. 13 September 2017
Insurance
The current hurricane activity, which may continue during the rest of the year, could prove to be an acid test of reinsurers’ enterprise risk management (ERM) strategies, Stuart Shipperlee, partner at Litmus Analysis, told Monte Carlo Today. 13 September 2017
Insurance
Losses from hurricanes Harvey and Irma could take a long time to be resolved and could hit lines of business the industry may not have considered, according to John Warwick, managing director and partner, ILS Capital Management. 13 September 2017
Insurance
Re/insurers who have been wishing for the return of the hard market should also be aware of the true ramifications of what they have been yearning for, according to Bermuda-based law firm Appleby. 13 September 2017
Insurance
UK law firm Bond Dickinson is to combine with Womble, Carlyle, Sandridge & Rice, which is mainly based in North and South Carolina in the US. 13 September 2017
Insurance
Brendan Plessis, head of emerging markets at XL Catlin, said that the company is excited by the launch of its Indian reinsurance branch earlier this year. 13 September 2017
Insurance
Property/casualty insurer Chubb said on Sept. 11 that it plans to establish its EU headquarters in France. 12 September 2017
News
Reinsurance broker and consultant JLT Re has appointed Thierry Cuisenier as a partner in its Paris office. 12 September 2017
Insurance
Lloyd’s is expected to be among the hardest hit from Hurricane Irma, according to a Sept. 11 Moody’s report. 12 September 2017
Insurance
The proliferation of sidecars, re/insurance funds and other instruments that enable capital markets investors to easily invest in risk transfer will dampen potential peaks in pricing following big losses—but that does not mean that prices will not rise. 12 September 2017
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