S&P: ILS Investors Could Get Burned as Covered Perils Expand, Terms Widen August 19, 2015 By L.S. Howard The catastrophe bond market will continue to grow by 10 to 20 percent per year, driven in part by the...
EU Close to Easing Solvency II Capital Rules to Lure Asset-Backed Debt Buyers August 18, 2015 By Alastair Marsh and Boris Groendahl The European Union’s plan to revive the asset-backed securities market may heed industry concerns by broadening the range of products...
UPDATE: Tianjin Blast Claims Could Top Estimates, Strain Chinese Insurers August 18, 2015 By Jonathan Gould Insurance claims from the devastating explosions at the Chinese port of Tianjin last week could exceed initial estimates and strain...
Typhoons Goni & Atsani Moving Toward Taiwan, Japan, Korea: AccuWeather Report August 18, 2015 The AccuWeather Global Weather Center reports that two typhoons, currently located in the Eastern Pacific Ocean will strengthen further in...
Tianjin Blast, Fires Initial Insured Loss Estimates at $1.0 to $1.5 Billion August 17, 2015 Two explosions in the Chinese port of Tianjin that killed more than 100 people last week could generate total insurance...
ACE Offers New D&O Products in Germany; Dünkeloh Named Financial Lines Mgr. August 17, 2015 ACE Group has launched two new D&O insurance products and has appointed a new financial lines manager in Germany, as...
EXOR CEO Embraces Grandfather’s Dealmaking Style to Revamp Agnelli Empire August 17, 2015 By Dan Liefgreen, Daniele Lepido and Tommaso Ebhardt As a boy, John Elkann watched his grandfather Gianni Agnelli build Italy’s biggest industrial fortune, but as an adult he...
UPDATE: 112 Dead in China Blast; Access Blocked over Contamination Fears August 17, 2015 By Paul Traynor Authorities pulled more bodies from a massive blast site in the Chinese port of Tianjin, pushing the death toll to...
European Captives More Focused on Risk Mgmt., Investments: A.M. Best August 14, 2015 A.M. Best has released a new study -“European Captives Increase Focus on Risk Management and Investments Ahead of Solvency II...
Integro Acquires UK’s AFL Insurance Brokers Aviation Division August 14, 2015 International insurance broker and risk management firm Integro Ltd. announced that it has acquired AFL Insurance Brokers Ltd.’s Aviation division;...