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Willis Capital Markets and Advisory has changed its name to Willis Towers Watson Securities.
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Average ILS fund returns reached 0.32 percent in February, according to the Eurekahedge ILS Advisers Index, after events in the month had little impact on the sector
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Everest Re ceded $160mn of written premiums to its Mt Logan Re vehicle last year, which was down 23 percent on the $209mn ceded in 2015, according to a US Securities and Exchange Commission filing
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Florida Citizens Property Insurance Corporation has turned its first annual loss in more than a decade, losing $27.1mn in 2016, as a result of increased litigated water damage claims.
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JP Morgan has agreed to settle litigation over two crumbled life insurance securitisations, Ballantyne Re and Orkney Re, for a total of $400mn
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Cyclone Debbie, which made landfall on the north-east Australian coast as a Category 4 storm, will quickly see insurance losses pass to the reinsurance market.
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Recent reductions to mortality improvements can no longer be considered a blip, Aon Hewitt has said in light of a new mortality projection model.
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Insured losses as a result of disasters rose by 42 percent year on year to reach $54bn in 2016, according to Swiss Re's latest Sigma study.
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Swiss Re is seeking $150mn from a First Coast Re 2017-1 cat bond on behalf of Security First, according to sources.
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Hannover Re is seeking to raise $178mn from an Integrity Re 2017-1 cat bond on behalf of Floridian insurer American Integrity Insurance Company (AIIC), according to sources.
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Swiss Re has named its current head of Asian property underwriting Mike Mitchell as head of property and specialty reinsurance.
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Leadenhall Capital Partners has hired former RMS product manager Adrian Mark as an analyst in its non-life investments team, the company announced.
