Near Record $7.1 Billion in Cat Bonds Issued in 2013: Willis Capital Markets January 29, 2014 Last year saw a record number of 29 catastrophe bond deals, according to Willis Capital Markets & Advisory (WCMA), the...
ACE Reports Q4 Net Operating Income of $824 Million; FY $2.317 Billion January 29, 2014 ACE Limited reported net income for the quarter ended December 31, 2013, of $998 million, or $2.90 per share, compared...
Aon Releases Terrorism, Political Violence Map; Retail, Transport Most at Risk January 29, 2014 Aon Risk Solutions, the global risk management business of Aon plc, has released its 2014 Terrorism and Political Violence Map...
Iran Oil-Shipping Insurance Seen Unusable on Lack of Clarity January 29, 2014 By Alaric Nightingale Insurance for tankers to export Iranian crude may be unusable even after the U.S. and the European Union eased sanctions...
Oasis Consortium of 21 Insurers, Brokers Launches Independent Cat Model January 28, 2014 The Oasis Loss Modelling Framework has unveiled what it describes as “the most significant development in the modelling of natural...
Oil Train Catastrophe Risk Weighs on Insurers: Kemp January 28, 2014 By John Kemp In the event of a mass-casualty accident involving the derailment of a crude-carrying train in a densely populated urban area,...
Ratings Recap: Ocean Re, RoyalStar, Echelon January 28, 2014 A.M. Best Co. has assigned a financial strength rating of ‘A-‘ (Excellent) and an issuer credit rating of “a-” to...
Cargo Specialist Franks Joins Marketform Underwriting Team January 28, 2014 London-based Lloyd’s specialist underwriter Marketform announced that it has “secured the consultancy services of experienced marine practitioner Howard Franks who...
Xchanging Strengthens APAC Ties with New Office in Singapore January 28, 2014 Xchanging plc, the business process, procurement and technology services provider, announced an expansion of its presence in Singapore, with the...
Aon Supports Observation of Today’s ‘Data Privacy Day’ January 28, 2014 Aon’s London office announced that its risk management and human resources solutions units have “continued as a Champion of Data...