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Alternative Risk Transfer
Tokio Marine & Nichido Fire Insurance, the property and casualty subsidiary of Tokio Marine, has issued a $245 million Bermuda-based bond for Japanese earthquake risk. 19 March 2014
Insurance
Broker Miller Insurance has bolstered its marine hull business production, broking and account handling capabilities with the appointments of Heather Clarkson and Rick Kerr, both formerly of Aon. 18 March 2014
Insurance
US insurer St. Johns Insurance has appointed Hugh Brewer to the board of directors. 14 March 2014
Insurance
Insurance broker Lockton has expanded its Real Estate and Construction (REAC) team with the appointment of a claims consultant and client executive, bringing the total number in the team to 71. 14 March 2014
Insurance
Capita Insurance Services has hired a director of business development. 13 March 2014
News
Aon Benfield has appointed Alejandro Galizia as CEO of its Latin America department. 10 March 2014
Insurance
The increasing severity and frequency of losses in some fast-growing countries highlights the need for further investment buy the insurance industry in developing risk models for some of these regions. 7 March 2014
News
Israeli insurer Israel Direct Insurance (IDI) has completed an innovative first of its kind cat bond deal using a parametric trigger facilitating protection against earthquake losses. 6 March 2014
Insurance
Impact Forecasting, the catastrophe model development unit of Aon Benfield, has launched a new European windstorm model. Windstorm is the number one peril in Europe, causing the highest annual insured losses, according to the broker 6 March 2014
News
Aon Risk Solutions, the risk management business of Aon Corporation, has appointed Mark Parker as director in the Aon Global Broking Center, which is led by Luigi Sturani. 5 March 2014
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