Trading Risk December 2017
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Several new ILS vehicles are in the works for 2018, marking a resurgence of interest in managing third-party capital from Lloyd's carriers that have been late to the game in setting up such platforms
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A number of outsized third quarter losses at Lloyd's insurers has highlighted the London market's concentrated exposure to the 2017 hurricanes
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Z/Yen has launched a cyber catastrophe ILS research project as part of its two-year programme looking at how mutual distributed ledgers, such as blockchain technology, can be used across a number of fields
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Everest Re has added another year to CEO Dominic Addesso's contract, extending it through 2019, without citing a specific reason for the move.
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Twelve in Frankfurt; Credit Suisse vehicles; ILS returns...
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Brit has appointed Scott Brock as president of Scion Underwriting Managers, its new specialty (re)insurance platform, which intends to write business on behalf of third party capital providers, as well as Brit and other markets.
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Canadian institutional investors strengthened their ties with the reinsurance sector in Q4, with CPPIB funding a Bermuda-based reinsurance platform for Ascot and CDPQ investing $400mn in Hyperion
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Guy Carpenter chairman and reinsurance industry heavyweight Britt Newhouse is set to retire at the end of the year, sister publication The Insurance Insider revealed.
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GC Securities has hired Robert Bray as assistant vice president for ILS structuring and origination in New York.
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This year marked the 25th anniversary of Hurricane Andrew, a storm that would cost reinsurers $56bn if it recurred today, according to modelling company AIR Worldwide
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Allianz Global & Corporate Specialty alternative risk veteran Bill Guffey has stepped down, with Paul Schiavone named as his successor as global head of alternative risk transfer.
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European traders of catastrophe bonds will be required to report transactions under the updated Markets in Financial Instruments Directive (Mifid II), which comes into effect on 3 January