November 2016/5

The New Zealand Super Fund's reinsurance allocation remained stable at about $200mn in 2016.

Generali is seeking EUR180mn ($192mn) of cat bond cover for its motor third-party liability book through a Dublin-based special purpose vehicle called Horse Capital I DAC, sources told sister publication Trading Risk. ‎

The London market ILS framework needs to introduce clearer terminology on the requirement for transaction structures to be "fully funded" to avoid uncertainty, according to Clifford Chance, legal advisers to London Market Group (LMG)'s ILS working group.

When the global specialty and reinsurance markets think of inbound investment from Asia, it is usually Japan and China which spring to mind.

Korean Re's plans to launch a full Lloyd's syndicate are a further step in its ambitions to "dominate" the global reinsurance market.

What will the reinsurance broker of the future look like? That is the question that I would be asking if I were sitting in Peter Hearn's chair now as he determines the strategic direction that he wants to take Guy Carpenter in.

CEO Peter Hearn is expected to attempt to make efficiency savings at Guy Carpenter as he looks to reallocate resources away from transactional broking and towards higher-end consultancy and analytics.

At the interface of technological innovation and traditional underwriting it can be difficult to separate the initiatives that will bring genuine change to the industry from those that promise much, but deliver little.

Hamilton USA is in talks with a number of programme partners as it looks to exit its current portfolio and reposition itself for growth in the middle market segment under new CEO Seraina Macia, The Insurance Insider can reveal.