London Re/Insurance Market Will Weather Brexit Storm: Execs July 1, 2016 By L.S. Howard Brexit has created great uncertainty for the UK, the European Union and perhaps the world. Pretty much everyone agrees on...
Persistent Soft Market Begins to Hit Reinsurer Stock Prices: A.M. Best June 15, 2016 By L.S. Howard While global reinsurers are continuing to withstand challenging market conditions, their stock prices, on average, are starting to take a...
Allianz Expects Blockchain Tech to Expedite Cat Bond Deals June 15, 2016 By Jonathan Gould German insurer Allianz expects the technology underpinning virtual currency bitcoin to encourage trading in catastrophe bonds, which transfer the risk...
Ongoing Soft Market Tops Reinsurers’ Concerns: Xuber Survey June 14, 2016 By L.S. Howard Soft market conditions continue to be the biggest concern for the industry, followed by regulation, competition from third party capital,...
XL Catlin Launches Team to Focus on Alternative Risk Transfer Products June 9, 2016 XL Catlin’s insurance operations has launched a new team to focus on alternative risk transfer and non-traditional insurance globally. The...
Reinsurance Rates Continued Stabilization Trend at June Renewal; Florida Down Just 3.1%: JLT June 1, 2016 Reinsurance rate declines continued to slow at the June 1 renewal, reaffirming a trend of gradual price stabilization that first...
Credit Suisse Sells Operational Risk Bonds, Insuring Rogue Trading, Cyber Crime May 27, 2016 By Jan-Henrik Förster and Tom Beardsworth Credit Suisse Group AG sold 220 million Swiss francs ($222 million) of bonds designed to offload potential losses on events...
Swiss Re Capital Markets Appoints Klugman & Monnier to Lead Global ILS Unit May 10, 2016 Swiss Re announced that Judy Klugman and Jean-Louis Monnier will co-head its global insurance linked securities (ILS) business. Klugman will...
Willis Capital Markets & Advisory Appoints Lien as Managing Director, Hong Kong April 28, 2016 Willis Towers Watson has appointed Vincent Lien as managing director of Hong Kong for Willis Capital Markets & Advisory (WCMA),...
Plenum Launches Diversified ILS Fund, Partnering with Bermuda’s Sequant Re April 11, 2016 Plenum Investments Ltd. has launched an insurance linked securities (ILS) fund, which will invest in collateralized reinsurance transactions, to be...