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Alternative Risk Transfer
QBE Insurance Group has completed a $250 million cat bond which is the first such deal to cover Australian perils for a primary insurance company on an indemnity basis. 8 January 2014
News
Aon Benfield has appointed Joe Smith as chief executive officer of its Chile team. 20 December 2013
Alternative Risk Transfer
Global reinsurers’ appetite for pension fund longevity risk is increasing rapidly leading to an increasing number of deals being done that transfer risk into this sector, according to Aon Hewitt, the adviser on the most recent transaction. 17 December 2013
Insurance
Specialist insurers and brokers with deep roots in the professional indemnity business are poised to capitalise on a forecast rapid growth in this market over the next four years. 11 December 2013
News
Benfield founder, Grahame Chilton, is to launch a new reinsurance intermediary with Arthur J. Gallagher. 5 December 2013
Insurance
Impact Forecasting, Aon Benfield’s catastrophe model development centre, has launched the first probabilistic catastrophe model to understand the financial impact of flood damage in the Netherlands for property and motor. 3 December 2013
Insurance
Aon Benfield has appointed Keith Moore as chief business development officer of Aon Benfield’s US business. Moore will report to Bryon Ehrhart, chief executive officer of Aon Benfield Americas. 3 December 2013
News
Aon Benfield has appointed Kelly Smith as president of its US business. She will report to Bryon Ehrhart, chief executive officer of Aon Benfield Americas. 27 November 2013
News
Despite total economic losses estimated between $6.5 and $14.5 billion, Typhoon Haiyan will have little or no impact on renewals or reinsurance uptake in the region. That is the opinion of Malcolm Steingold, CEO of Aon Benfield for Asia Pacific, Matt FitzGerald, managing director, reinsurance, Arthur J. Gallagher and James Vickers, chairman of Willis Re International, who echoed similar views. 27 November 2013
News
As much as another $100 billion in alternative capital could enter the reinsurance markets in the next five years with the affect this will have on the market being a question of how it is managed. 20 November 2013
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