News
Insurance
Legal & General Group has completed a £4.4 billion buy-in for British Airways pension scheme, Airways Pension Scheme (APS). 14 September 2018
Insurance
Typhoon Mangkhut will landfall along the northeastern coast of Luzon, Philippines within the next 20 hours as a very intense category 5 super typhoon, according to Aon’s Impact Forecasting Cat Alert. 14 September 2018
Insurance
Boston-headquartered Liberty Mutual Insurance is rebranding its Liberty International Underwriters (LIU Canada) and Ironshore Canada units as Liberty Mutual Canada. 14 September 2018
Insurance
Validus Specialty has expanded its product suite with the launch of crisis management insurance solutions in the US, and appointed Jane McCarthy to lead the development of the new portfolio. 14 September 2018
Alternative Risk Transfer
The ILS market in Bermuda looks very healthy, with more issuances and more platforms being built, Brad Adderley, partner in the corporate department of Appleby’s Bermuda office, told Monte Carlo Today. 12 September 2018
Insurance
The insurance industry has a bright future—if it uses the capacity available to it to increase insurance coverage and reduce the protection gap, Denis Kessler, CEO of SCOR, said during a presentation at the 2018 Monte Carlo Rendez-Vous. 11 September 2018
Insurance
An uptick in mergers and acquisitions (M&A) is accelerating a trend whereby the traditional re/insurance value chain is being replaced by a broader risk ecosystem with less defined boundaries between players, Victor Peignet, CEO of SCOR Global P&C, told Monte Carlo Today. 10 September 2018
Insurance
In association with Swiss Re, Monte Carlo Today conducted a survey of senior industry executives ahead of and during the conference. 10 September 2018
Alternative Risk Transfer
Insurance-linked securities (ILS) are expanding into new perils following investors’ appetite, and London might benefit from this growth potential following the introduction of a new regulatory framework, Jean-Louis Monnier, Swiss Re Capital Markets global co-head of ILS, told Monte Carlo Today. 9 September 2018
Insurance
Reinsurers and brokers should better educate themselves on how reinsurance can impact their clients’ ratings, as focusing on the agency capital models alone is often inadequate. 9 September 2018
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