AIG sees 'a lot of runway' in ILS: Duperreault


There is major scope for AIG to build products for the insurance linked security (ILS) market, AIG’s president and chief executive officer Brian Duperreault has said.

Aon building, London

Alternative capital reaches record-breaking $98bn: Aon Securities


Alternative capital available in the (re)insurance market has hit $98bn – a record for the sector - according to Aon Securities.

jltre building

JLT Re taps Aon for Capital Solutions director


JLT Re has taken Aon Benfield’s corporate solutions director Vijay Mavani as the broker looks to expand its Global Capital Solutions business.


Cyber ILWs come closer to reality with new PCS cat launch


The industry’s understanding of its full loss exposures to major cyber events took a significant step forward this week with the launch of a new cat cyber loss index that may eventually lead to greater reinsurance and retro capacity being devoted to the fast expanding class.


Markel builds $19bn ILS giant with Nephila acquisition


Markel is set to control around a fifth of the global ILS space after a shock deal to acquire alternative capital giant Nephila, the carrier announced today.

Lloyd's, City of London

Managing agents call for increased ILS capital at Lloyd’s


Lloyd’s managing agencies overwhelmingly support ILS becoming a permanent fixture within the Corporation, a survey by the LMA has found.


Alternative capital continues to ‘surge’: Aon


Global alternative reinsurance capital had climbed to $95bn by the end of first quarter, an increase of 7 percent from the end of 2017, according to estimates by Aon Benfield.

lloyds building exterior

Lloyd’s gives Nephila the go-ahead for its own managing agency


ILS giant Nephila has been given the green light to set up its own managing agency after a meeting of the Lloyd’s franchise board.