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Alternative Risk Transfer
The Louisiana Citizens Property Insurance Corporation has closed a $100 million catastrophe bond hedging its exposure to tropical cyclone risks. 28 May 2015
Insurance
Property Claim Services (PCS), a division of Verisk Analytics, has launched a catastrophe loss estimate service in Turkey. 27 May 2015
Alternative Risk Transfer
The announcement by the UK government that it will develop a new competitive corporate and tax regime to allow ILS to be domiciled in the UK is an exciting development, but significant challenges will need to be overcome, as Colin Graham, partner and insurance tax leader at PwC UK, explains. 27 May 2015
Insurance
The chief executive officer (CEO) of Guy Carpenter’s US operations has departed for Aon Benfield. 27 May 2015
Insurance
Broker Jardine Lloyd Thompson (JLT) has appointed Charlie Rozes as group finance director. 27 May 2015
Alternative Risk Transfer
AIG will again test investor appetite for unusual insurance-linked securities (ILS) with its latest offering. But there is no guarantee that it will succeed in placing its $200 million deal, according to Jeff Mohrenweiser, senior director at Fitch. 18 May 2015
Alternative Risk Transfer
American International Group (AIG) is returning to the capital markets to use insurance-linked securities (ILS) as a source of reinsurance protection with an unusual deal that will provide just six months of coverage to the insurer. 15 May 2015
Insurance
The changing reinsurance model requires more vigilant modelling as the balance of risk tips towards the asset side. 14 May 2015
Insurance
Howden International, part of Hyperion Insurance Group, has hired Goh Chye Huat into its international broking business as chief executive officer and principal officer of its Singapore retail operation. 14 May 2015
Insurance
Reinsurance broker JLT Re has promoted David Flandro to global head of analytics. 14 May 2015
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