Hurricane activity in the Atlantic basin is projected by seasonal outlook providers to be near or below average for the 2014 season, according to a new briefing by Guy Carpenter & Company, LLC...
Jardine Lloyd Thompson Capital Markets (JLTCM), a part of JLT Towers Re, has established its second Market Re private placement cat bond (Market Re 2014-2), which closed at $31.83 million...
Riccardo Nicolini has been named managing director of Ultimate Risk Solutions (URS) responsible for the company's operations in Europe and Latin America...
Marsh has hired Chris Lay as president of its global captive solutions business, effective 1 July...
Guy Carpenter has called for the reauthorisation of the US Terrorism Risk Insurance Program Reauthorization Act (TRIPRA) amid a spike in terrorist activities...
Jardine Lloyd Thompson Capital Markets (JLTCM), which is part of JLT Towers Re has arranged another private placement catastrophe bond, Oak Leaf 2014-1, which closed at $44.035 million...
Downward pressure on reinsurance pricing has increased since the 1 June 2013 renewal due to continued competitive pressure from alternative markets, strong reinsurer balance sheets and low loss experiences, according to Guy Carpenter & Company LLC...
BNY Mellon has been appointed indenture trustee, reinsurance trustee, registrar and paying agent for the $450 million Kilimanjaro catastrophe (cat) bond transaction sponsored by Everest Re...
