The UK has begun the process for introducing a new insurance-linked securities (ILS) framework...
Standard & Poor’s has revised its credit and insurer financial strength ratings on the Bermuda-domiciled captive insurer Stellar Insurance to “A+” from “AA-”. The outlook remains negative...
BNY Mellon has been appointed trustee, paying agent, account bank and custodian for a $100 million Turkish cat bond transaction designed to protect insurers against the risks of potential earthquakes...
Flood Re has appointed Michael Bartholomeusz as chief risk officer...
Websure has appointed Steve Perkins as head of implementation...
Willis Group has appointed Mary O’Connor as the CEO of financial lines for Willis GB, with immediate effect...
Using a captive to hedge longevity risk can provide a lower cost base and guarantee a ‘principal-to-principal’ approach between the pension scheme and the reinsurance market, according to pensions funding expert Ian Aley...
Almost half of organisations only have a basic understanding of exposure to cyber risk, according to Marsh...
