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Good news at June renewals, says GC
04 June 2015
Reporter Stephen Durham

After two years of price decreases averaging 15 percent on US property catastrophe placements, Guy Carpenter has confirmed that risk-adjusted pricing moderated at the most recent June renewals...

Insurance is a drone's best friend
03 June 2015
Reporter Stephen Durham

The rapid development of the drone industry is underpinned by the insurance market’s willingness to provide cover for the deployment of the fledgling technology, according to a report from Marsh...

GC Securities places tropical storm cat bond
03 June 2015
Reporter Stephen Durham

GC Securities has announced the placement of more Series 2015-1 Notes, this time with notional principal of $700 million through the existing catastrophe bond shelf programme, Alamo Re, to benefit the TWIA...

GC Securities completes new cat bond
02 June 2015
Reporter Stephen Durham

GC Securities has confirmed the placement of Series 2015-1 notes, due 6 July 2018, with notional principal of $300 million through a newly formed catastrophe bond shelf programme, Cranberry Re...

GC Securities completes tropical cyclone cat bond
28 May 2015
Reporter Becky Butcher

GC Securities has arranged a placement catastrophe bond, Series 2015-1 Notes, with notional principal of $100 million to manage Louisiana Citizens Property Insurance Corporation's tropical cyclone risks...

Ratings downgrade for Vale S.A. captive
19 May 2015
Reporter Stephen Durham

Moody's has affirmed the “Baa3” IFS rating and changed the outlook to negative from stable for Monticello Insurance Limited, the captive reinsurance subsidiary of Brazil-based mining company, Vale S.A...

Melnick leaves Marsh Captive Solutions
18 May 2015
Reporter Stephen Durham

Jeffrey Melnick has been appointed as CFO at EisnerAmper LLP, replacing partner Brett James, who has retired after 38 years with the firm...

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Captives thinking outside the box, says Marsh
12 May 2015
Reporter Stephen Durham

Captive insurance vehicles are increasingly being used by businesses to provide cover for non-traditional risks with the number of captives doing so rising by 11 percent overall in 2014...

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