June 2013/3
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Tokio Solution Management and GC Securities have launched a new platform designed to help smaller insurers source capital markets reinsurance capacity by issuing streamlined private cat bonds.
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GC appoints; Asian Re downgraded; Tiger expands; Ace outlook; R&Q pipeline; Flood losses; Travelers acquires; High-flyer; Axis hires; Colorado wildfires; London negative; Cashed out; XL hire; Sliced sidecar; Sliced sidecar; Sequel launch; Gray steps down; Cat query; Brown & Brown acquisition; Catlin promotes; Claims cost deal; ILFC extended
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Fast-growing London market specialist MGA Nexus Underwriting Management has signed a deal to receive backing from Bermudian (re)insurer PartnerRe in a "game-changing" coup for the underwriter.
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The Marsh marine following facility, known as Project Black, is written by a clutch of significant London markets including Amlin and Hiscox, The Insurance Insider can reveal. In addition to the two London blue-chips, other markets include the global specialty carrier Torus...
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Bermudian (re)insurer Axis Capital is set to start buying retro after having previously been a net writer, the firm said.
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Regulators on both sides of the Atlantic are increasingly tempted to use inflammatory language. The Insurance Insider would prefer less sensationalism and greater consistency
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Swiss Re is "actively looking [at] and evaluating" broker facilities as it looks to grow its share of large ticket corporate business, Swiss Re managing director Fred Kleiterp has told The Insurance Insider.
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