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According to Aon, 85 percent of insurers would pull terrorism risk cover if the Terrorism Risk Insurance Act (TRIA) expired. The revelation comes as the broker calls on the US government to extend The Act, saying that it “remains the best solution for handling the terrorism insurance exposure in the US”. 18 September 2013
News
Q-Re has appointed David Forcey to its board of directors as an independent non-executive member. 16 September 2013
News
The new European windstorm model created by Aon Benfield’s in-house catastrophe development team, Impact Forecasting, is set to create a better understanding of this key peril and the uncertainty surrounding risk modelling, as John Moore, head of International Analytics at Aon Benfield Analytics, explains. 10 September 2013
Reinsurance
Reinsurers will innovate their capital structures to turn headwinds from alternative capital sources into tailwinds, says Aon Benfield’s Bryon Ehrhart. 9 September 2013
News
Gerry Tighe, head of treaty at broker Matrix, believes the recent deal that sees Guy Carpenter take a significant stake in the new venture called Carpenter Turner, which it will use develop business in Greece, Cyprus and adjacent countries, could become a template of things to come in the industry. 9 September 2013
Reinsurance
Challenges around how to achieve growth are increasingly on the minds of top executives in the reinsurance industry, said Aon Benfield co-CEO Dominic Christian at a press conference in Monte Carlo yesterday. 9 September 2013
article
We are delighted to announce the winners of the 2013 Intelligent Insurer Global Awards following a fantastic evening. 9 September 2013
Insurance
Aon Benfield’s catastrophe model development centre, Impact Forecasting, has launched the first catastrophe model for the East Africa region. 4 September 2013
Insurance
Global reinsurance capital totalled $510 billion at June 30, 2013, an increase of 1 percent ($5 billion) relative to December 31, 2012, according to Aon Benfield in the latest edition of its Aon Benfield Aggregate (ABA) report, which analyses the financial results of the world’s leading reinsurers in the first half of 2013. 4 September 2013
Reinsurance
As the ILS market continues to develop, the litmus test of its future potential could be the range of new issuers that are tempted to use this form of risk transfer bringing new risks to the sector. 1 September 2013
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