capital markets

A new record for the catastrophe bond and related insurance-linked securities (ILS) market shows that the ILS market has “moved to a new level”, according to Aon Securities CEO Paul Schultz.

Artemis spoke with Sean Bourgeois, Founder and CEO of insurance technology (InsurTech) start-up Tremor Technologies, Inc., to discuss its mission to create an open, technology-driven, programmatic marketplace for reinsurance risk placement.

Insurance and reinsurance broker Aon has announced a reorganisation of the Global ReSpecialty leadership, with Bob Bisset stepping into a new role of UK Growth Leader at Aon, while Peter Stubbings has been hired from Guy Carpenter to replace him as CEO.

Occam Underwriting, the specialty lines-focussed managing general agent (MGA) that was previously known as Sciemus, has appointed Dr Alan Punter, who was formerly the CEO of Aon Capital Markets Ltd. to its Board.

A newly launched unit at global insurance and reinsurance brokerage Aon will target under-insurance opportunities, helping clients including governments to address insurable protection gaps, in work that will include close cooperation with the Aon Securities capital markets and ILS team.

Brian Duperreault, the CEO of insurance giant American International Group (AIG), said yesterday that he sees “huge potential” for using the insurance-linked securities (ILS) market more at the firm.

Welcome to the Artemis ILS Asia 2018 post-conference report, in which we review the event and highlight some of the debates that took place on the day during Artemis’ third event in Asia.

Digital risk trading insurtech start-up Akinova, which promises a digital platform for trading insurance and reinsurance risks and will begin with an industry-loss warranty (ILW) type product, has appointed Thomas Heise of Insurance Income Strategies (IIS) to its advisory board.

The main rating agencies for the reinsurance industry are largely lacking in optimism when it comes to prospects for reinsurance pricing at the key January 2019 renewal season.

Lockton Capital Markets has been launched by the largest independent insurance broker of the same name, the first broker-owned capital markets and alternative reinsurance capital unit launch we’ve seen in a while, reflecting a continued desire to converge insurance risks with the capital markets.