Annual catastrophe bond issuance reached a record $9.4 billion—an increase of 41 percent over the prior year period, according to the latest insurance-linked securities (ILS) sector report by Aon Benfield Securities...
Aon Risk Solutions has made several additions to its US Financial Services Group leadership team...
Global reinsurers' underwriting results deteriorated in H1 2014 due to increased non-catastrophe-related property losses and a higher underlying run-rate loss ratio, according to a newly-published Fitch Ratings report...
Fitch Ratings believes new requirements proposed by the National Association of Insurance Commissioners (NAIC) to subject corporate captive insurers to full accreditation standards could materially increase costs for these captives...
Economic losses from global natural disasters during the six-month period ending 30 June 2014 totalled $54 billion, down from $95 billion in 2013, according to data from Aon Benfield...
Private US property and casualty insurers’ net income after taxes fell to $13.8 billion in Q1 of 2014 from $14.3 billion in Q1 of 2013, according to a report by PCI...
The ILS Second Quarter 2014 Update by Aon Benfield Securities has revealed that 12 catastrophe bonds closed during the period with a total value of $4.5 billion—the most of any quarter in the history of the ILS market...
An outbreak of severe thunderstorms affected Western and Central Europe during the first half of the month, with overall economic losses across Central Europe alone listed in excess of €2 billion...
