Hints and tips:
...“Japan will continue to be an important source of capital,” says Titus Leung, a financial services banker at Perella Weinberg. “We could be headed for a fair amount of deal activity....
...Stuart McNeill, partner at Pinsent Masons, said it was highly unusual that litigation from an insolvency case would go on for so long....
...Hyperion Insurance and fellow UK-based private insurance and reinsurance intermediary RK Harrison have started merger talks as consolidation in their market heats up....
...● Jaco Cebula, previously of Kames Capital, has joined Multrees Investor Services as chief technology officer....
...The acquisition should help London’s only listed insurance broker take on the largest companies in the reinsurance subsector – Marsh’s Guy Carpenter, Aon Benfield and Willis Re....
...Tens of billions of pounds of fresh funding from investors such as pension funds – especially into reinsurance, or insurance for insurers – has helped keep premiums for consumers and businesses low....
...An index of ILS compiled by Aon Benfield returned 12.7 per cent in the year to the end of March....
...“There are now these deep pockets of capital available which private companies can take advantage of while their revenue model continues to evolve,” says Stuart Francis, vice-chairman of Barclays Capital...
...Both can be reduced by the equivalent coverage obtained through reinsurance....
...Restructuring the reinsurance obligations helped secure approval of the deal....
...Aon’s acquisition of Hewitt marks its second big expansion in the past two years. In 2008, Aon acquired Benfield, a UK reinsurance company that specialised in quantitative risk modelling, for £844m....
...People usually head back to the shops after downturns to buy all the things they had been putting off when times were tough, helping the economy spring back in a cheerful V-shape....
...oil services company....
...Mr Blackie was commercial director for Scotland and head of the Scottish practice at Aon Consulting....
...so-called professional indemnity policies, which protect against claims of negligence in the performance of professional services....
...Swiss Re, meanwhile, suggests the market for Industry Loss Warrants (ILW), whereby recovery under the contract is based on how large the industry loss is as measured by an external reporting service, could...
...Kindler, Chairman and CEO, Pfizer Inc., USA Klaus Kleinfeld, President and CEO, Siemens AG, Germany Mustafa V....
...Jonathan Barnes, director of Aon Capital Markets, part of the world’s second largest insurance broker, estimates that hedge funds have invested more than $12bn in catastrophe bonds, so-called sidecar deals...
...to, and surveys by, ISO’s Property Claim Services unit....
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