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Made in China
13 July 2015
New York

GC Securities has completed the placement of Series 2015-1 notes with notional principal of $50 million through a newly-formed Chinese catastrophe bond shelf programme, Panda Re...

AIRMIC criticises IPT hike
10 July 2015
London

The Association of Insurance and Risk Managers in Industry and Commerce (AIRMIC) has expressed its disappointment with the increase in Insurance Premium Tax (IPT) announced by chancellor George Osborne in the 2015 Summer Budget...

Pricing down at July renewals for GC
09 July 2015
New York

Price declines have continued to moderate, predominantly on programmes covering US wind, in Guy Carpenter’s recent renewal briefing...

ACE increases terrorism insurance capacity
09 July 2015
London

ACE Group is to offer increased insurance capacity of up to $100 million (previously $50 million) for terrorism, political violence and war risks in response to evolving threats and increased demand from multinational clients...

ICS acquires Aceterrus Insurance Resources
08 July 2015
Des Moines, Iowa

Innovative Captive Strategies (ICS) has expanded its captive insurance capabilities by acquiring Aceterrus Insurance Resources of Bigfork, Montana...

Marsh and McLennan launches new unit
07 July 2015
London

Marsh & McLennan has launched its new PICS unit, which offers a range of reinsurance and advisory services designed to help protection and indemnity associations and insurers address the challenges they face...

Caldwell promoted to deputy active underwriter
07 July 2015
London

Barbican Insurance Group has promoted Andy Caldwell to deputy active underwriter of Syndicate 1955, effective immediately. He will report to David Booth, active underwriter of Syndicate 1955...

OECD back Guernsey as "cooperative jurisdiction"
06 July 2015
Guernsey

The Organisation for Economic Cooperation and Development (OECD) has underlined Guernsey’s reputation as a “cooperative jurisdiction”...

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