News – Page 241
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Online onlyAM Best: Toa Re ratings affirmed
Japan’s domestic reinsurer has reduced its catastrophe exposures
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Online onlyFitch: US (re)insurers to withstand 2013 hurricanes
Post-Sandy pricing has improved but capital market competition is changing the market
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Online onlyCalifornia shaken by two earthquakes
M5.7 quake in Northern California part of an ‘earthquake swarm’
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Online onlyKane hires Dubai-based head of compliance
David Cafferty will be responsible for growing Kane’s compliance practice in MENA
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Online onlyErgo seeking acquisitions to grow Asia presence
Insurer awaiting life licences in India and China
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Online onlyAIG and PICC sign China joint venture deal
The deal will allow AIG to enter the Chinese life market
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Online onlyLeadenhall wins mandate from New Zealand government fund
$275m mandate takes Leadenhall’s ILS investment beyond $1.4bn
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Online onlyRMS: Oklahoma tornado could cost insurers $3.5bn
Event has potential to be costliest on record, says RMS director
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Online onlyUN: Why natural catastrophe losses are "out of control"
UN report says that disaster risk is “new multi-trillion dollar class of toxic assets”
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Online onlyGeneral Re asset manager opens London office
GR-NEAM will “build new relationships” with Lloyd’s syndicates
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Online onlyCharman replaces Cash as Endurance chief executive
Charman also steps in as chairman with immediate effect
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Online onlyBrazilian infrastructure group secures $200m surety bond
Export Development Canada and Fairfax structure innovative cover for Brazil’s Odebrecht Group
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Online onlyNOAA predicts active Atlantic storm season
Climate factors support cyclone formation; forecasts three to six major hurricanes
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Online onlyGIC Re eyes Lloyd’s acquisition
Acquisition would allow India’s national reinsurer to trade in 60 countries
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Online only$175m Blue Danube II cat bond issued
Bond protects Allianz from windstorms and earthquakes affecting North America and the Caribbean
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Online onlyMarsh buys Peru-based broker
Rehder y Asociados Group is currently Aon’s representative office in Lima, Peru
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AnalysisHow US tornadoes are boosting demand for frequency covers
The US Midwest braces for more tornadoes as the mid-year renewals approach
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Online onlyAM Best charts the evolution of LatAm insurance markets
Notes increase in regulatory activity to support the insurance and reinsurance markets
