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Insurance
JLT Specialty USA, a US subsidiary of JLT, has appointed Tom Delaney as senior vice president (SVP). 8 June 2016
Alternative Risk Transfer
Security First Insurance Company, a family-owned homeowners insurer based in Florida, has issued its first catastrophe bond, which will offer it protection from named storms and severe thunderstorms in Florida. 7 June 2016
Reinsurance
Pool Re, the mutual reinsurer, has partnered with Cranfield University and Guy Carpenter to develop what it says is the UK’s first terrorism risk model to include the potential impact of a chemical, biological, radiological or nuclear (CBRN) attack. 7 June 2016
News
JLT Re has appointed Francesca Marc-Antonio as global head of client relationship management. 6 June 2016
Insurance
The majority of homeowner specialist insurers in Florida have brief histories, and their ability to manage a large catastrophic hurricane is uncertain despite recent strong performance, according to a new report from Fitch Ratings. 30 May 2016
Insurance
Ropner Insurance Services, a Lloyd’s and London Market broker, has appointed six new brokers as part of its ongoing expansion. 30 May 2016
Insurance
Vanbridge Holdings, a US-based insurance intermediary, has appointed four new members to its Board of Directors. 27 May 2016
News
Munich Re has placed a $190 million cat bond to protect it against hurricanes affecting the US and windstorms affecting select European countries. 24 May 2016
Insurance
Guy Carpenter has formed a strategic alliance with Symantec Corporation, a global cyber security company to create a cyber aggregation model. 17 May 2016
Alternative Risk Transfer
None of the catastrophe bond deals completed so far in 2016 has incorporated parametric triggers. Enter a new tool, Cat-in-a-Box, which provides a means to verify the figures presented with minimal expertise, as Jinal Shah, director, capital markets at RMS, explains. 17 May 2016
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