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Run-off specialist Deutsche Versicherungs- und Rueckversicherungs-AG (DARAG) continued to see an influx of business as it signed three European Run-off portfolio transactions in December, bringing the total number of deals signed in 2013 to seven. 29 January 2014
Insurance
Brazil faces an increasing risk of terrorist attacks while the retail sector was the hardest part of the economy hit by such attacks last year, according to analysis by Aon Risk Solutions, which has released its annual Terrorism and Political Violence Map. 28 January 2014
Insurance
Novae Group, the specialist listed Lloyd’s insurer, has appointed Cliff Payne as class underwriter energy. He joins from Marsh. 22 January 2014
News
Achmea Reinsurance Company, the Dutch reinsurance group that mainly manages the reinsurance risks of the wider Achmea group, has completed the first indemnity cat bond that transfers Europe windstorm risk into the capital markets for a European insurance sponsor. 22 January 2014
article
Gable Holdings, the European non-life insurance company, has established a new delegated underwriting agreement that will cover commercial combined risks across its European territories, with Aon UK. 22 January 2014
Insurance
Aon has appointed Michael Wolf as vice president and chief counsel – corporate. He will provide legal counsel on corporate and transactional matters. He will also be responsible for the management of all corporate transactions on a global basis. He will report to Peter Lieb, executive vice president and General Counsel of Aon. 21 January 2014
News
Aon Benfield has appointed Stephen Hofmann as its Chicago business leader. He moves from his role as executive managing director within Aon Benfield's treaty team, and as a member of the origination team. 15 January 2014
Insurance
Re/insurers faced natural catastrophe losses of $45 billion in 2013 – 22 percent lower than the ten-year average of $58 billion and the lowest total since 2009, according to Aon Benfield’s Impact Forecasting. 14 January 2014
Insurance
Equinox Global, the Lloyd’s cover holder specialising in trade credit insurance, has appointed Genevieve Ahinful as senior underwriter. She joins from AJG UK. 9 January 2014
Insurance
European windstorms Xaver and Dirk, which hit Europe in December, could cost insurers some €1.16 billion, according to estimates by Impact Forecasting, the catastrophe model development centre at Aon Benfield. 8 January 2014
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