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A UK framework for ILS
Alternative Risk Transfer
With the UK government looking to attract more ILS vehicles to London, the market is wondering exactly what it’s trying to achieve. Katherine Coates and Ashley Prebble, partners at Clifford Chance, cast an eye over what’s happening.   15 December 2016
Insurance
Guy Carpenter has formed a global strategic advisory organisation, appointing Rob Bentley as its president and Vicky Carter as vice chairman.   14 December 2016
Insurance
SmarterSafer, a national coalition of taxpayer advocates, environmental groups, insurance interests, housing organizations and mitigation advocates, has welcomed proposed changes to the National Flood Insurance Program (NFIP), which is up for reauthorization next year.   9 December 2016
Insurance
US property/casualty insurers can expect losses from third-party liability asbestos claims to increase 18 percent to $100 billion, according to an AM Best report.   29 November 2016
Insurance
It is of vital importance for the insurance sector trade freely in the European single market in a post-Brexit world, Lord Hunt of Wirral said during talks concerning Article 50 in the UK’s House of Lords on November 22.   23 November 2016
Insurance
The Association of British Insurers (ABI) has appointed Amanda Blanc, group chief executive of AXA UK, as the new chair of its general insurance council (GIC).   22 November 2016
Insurance
Broker Towergate has appointed to new non-executive directors to its board including one from the US private equity firm that recently invested in the company.   22 November 2016
Insurance
Broker Towergate Insurance revealed in its third quarter results that it has raised £26 million using a five-year facility secured on certain legacy assets of the group.   22 November 2016
Insurance
Insured losses from the magnitude 7.8 earthquake that struck New Zealand’s South Island on November 14 will be between NZ$1.15 billion ($762 million) and NZ$5.3 billion ($3.5 billion), according to AIR Worldwide.   18 November 2016
Insurance
Reinsurance broking and risk/capital management firm TigerRisk Partners has lured Xuejun Wang from Willis Re to join its Hong Kong subsidiary as chief executive, effective early December.   17 November 2016

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