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International

London brokers commit to Ebix-backed platform

28 September 2015

A group of London broking companies that account for more than 80% of business placed in the city’s market have committed to placing insurance deals electronically on a platform powered by Ebix…

Bermudan ILS deals set Q2 record

28 September 2015

A record number of insurance-linked securities were issued in the second quarter, according to the Bermuda Monetary Authority…

Cat losses to rise: AIR Worldwide

21 September 2015

Global insured catastrophe losses are expected to total $US74 billion this year, up from $US72.6 billion last year, according to modeller AIR Worldwide…

Opportunity knocks at Reinsurance Rendezvous

14 September 2015

Demand for reinsurance will increase next year as new opportunities develop, according to an Aon Benfield study launched at the annual Rendezvous de Septembre in Monte Carlo…

More cash means more mergers: Guy Carpenter

14 September 2015

The continuing influx of capital and low number of claims have started the long-awaited consolidation of the reinsurance market, according to speakers at a Guy Carpenter media briefing in Monte Carlo yesterday…

Cat bond issuance drops

14 September 2015

Global annual catastrophe bond issuance totalled $US7 billion in the year to June 30, according to an Aon Securities report…

Allianz warns of cyber catastrophe

14 September 2015

Businesses must prepare for rapidly evolving cyber risks that may cause catastrophic losses, according to Allianz Global Corporate & Specialty…

Reinsurance capital stabilises: Willis Re

14 September 2015

Global reinsurance capital from traditional and non-traditional sources has stabilised at $US425 billion, according to a new report from Willis Re…

Struggling reinsurers enter ‘uncharted territory’

14 September 2015

Reinsurers are venturing into “uncharted underwriting and strategic territories” as they grapple with a challenging environment marked by excess capacity and shrinking demand, Moody’s warns…