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Rims taps Cartwright for 2018 president
Risk management trade body Rims yesterday named long-time tyre industry executive Robert Cartwright Jr as its 2018 president, moving him up from a seat on the board of directors which he has held for a decade.
Ted Bunker
,
03 January 2018
JLT Specialty USA hires Aon’s Morgenstein
JLT Specialty USA has hired Art Morgenstein from Aon, naming the risk management specialist as a senior vice president with responsibility for spearheading growth in the western US.
Ted Bunker
,
03 January 2018
California fire’s spread may be curbed by rain
California’s Thomas fire scarcely expanded over the weekend and firefighters may get help from damp weather forecast in the burn area on Wednesday.
Ted Bunker
,
03 January 2018
Big 1.1 rate increases limited to loss-hit lines: JLT Re
JLT Re has bolstered an emerging consensus around the outcome of the 1 January renewals, with the broker's risk-adjusted property catastrophe reinsurance rate index rising by 4.8 percent.
Bernard Goyder
,
02 January 2018
Dutch Pension fund vehicle raises $260mn
Dutch pension fund provider PGGM raised a further $260mn of securitised notes via its Leo Re vehicle just before Christmas, according to a Bermuda Stock Exchange (BSX) listing.
Sofia Geraghty
,
02 January 2018
Cat bond lite issuance hits $1.17bn for 2017
A flurry of deals at the end of last year took total cat bond lite issuance to $1.17bn for 2017, up over 400 percent from 2016's $212.81mn.
Sofia Geraghty
,
02 January 2018
Validus Re’s first cat bond grows by 23%
Validus Re's first cat bond proved to be popular with investors, expanding by 23 percent over the course of marketing to reach $400mn.
Sofia Geraghty
,
02 January 2018
Aquiline-Armour deal furthers legacy market evolution
Aquiline's recent acquisition of Armour rounds off a year in which a number of corporations both inside and outside the legacy market made a bigger bet on run-off for the years ahead.
Catrin Shi
,
02 January 2018
Themes of 2017 and 2018
There are six complexly interlinked themes that can be used to tell the reinsurance sector's stories as we look back to 2017 and into 2018.
Adam McNestrie
,
02 January 2018
Ogden uncertainty adds to divergent motor pricing
Higher-attaching UK motor liability programmes experienced rate rises of as much as 100 percent at 1 January, as uncertainty about Ogden discount rate reforms made for a challenging renewal, according to Willis Re.
Laura Board
,
02 January 2018
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