GC Securities has completed the placement of Series 2015-1 notes with notional principal of $50 million through a newly-formed Chinese catastrophe bond shelf programme, Panda Re...
The Association of Insurance and Risk Managers in Industry and Commerce (AIRMIC) has expressed its disappointment with the increase in Insurance Premium Tax (IPT) announced by chancellor George Osborne in the 2015 Summer Budget...
Price declines have continued to moderate, predominantly on programmes covering US wind, in Guy Carpenter’s recent renewal briefing...
ACE Group is to offer increased insurance capacity of up to $100 million (previously $50 million) for terrorism, political violence and war risks in response to evolving threats and increased demand from multinational clients...
Innovative Captive Strategies (ICS) has expanded its captive insurance capabilities by acquiring Aceterrus Insurance Resources of Bigfork, Montana...
Marsh & McLennan has launched its new PICS unit, which offers a range of reinsurance and advisory services designed to help protection and indemnity associations and insurers address the challenges they face...
Barbican Insurance Group has promoted Andy Caldwell to deputy active underwriter of Syndicate 1955, effective immediately. He will report to David Booth, active underwriter of Syndicate 1955...
The Organisation for Economic Cooperation and Development (OECD) has underlined Guernsey’s reputation as a “cooperative jurisdiction”...
Xchanging has confirmed 129 reinsurance carriers are now registered and actively using its reinsurance deal distribution platform, globalREmarket...
Flood Re has begun the process for outward reinsurance protection in one of the world’s largest global programmes...
Aon Benfield has launched version 9.5 of loss calculation platform Elements in an effort to highlight how working with third parties can bring new opportunities...
A.M. Best has affirmed the ratings of Legal & General Group and International General Insurance Company, and placed ACE's ratings under review...