August 7th, 2015

Week’s Top Stories: August 1 — 7, 2015

Posted at 7:00 AM ET

Guy Carpenter’s 9th Specialty Insurance Program Issuing Carrier Survey, 2014: Guy Carpenter continues to provide the industry with our survey analysis of the current program marketplace from the program issuing carriers’ perspective.

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Typhoon Soudelor: Typhoon Soudelor continues to threaten Taiwan and Mainland China. The summary follows the 15 UTC advisory of the Joint Typhoon Warning Center (JTWC), and the 15:45 UTC advisory of the Japan Meteorological Agency (JMA).

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Guy Carpenter Mid-Year Review Assesses Key Industry Trends: Guy Carpenter released its 2015 Mid-Year Report on the (re)insurance landscape. In addition to providing a brief recap of renewal activity highlighted in their release on July 9, the report assesses key industry trends, including a detailed assessment of mergers and acquisitions activity and highlights other notable themes such as cyber security risk, increased regulation and public-private partnerships.

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Chart: Global Property Catastrophe ROL Index 1990 to 2015: The Guy Carpenter Global Property Catastrophe Rate on Line (ROL) index is presented for 1990 through 2015.

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Microinsurance Consortium and Venture Incubator Announces New Name: The Microinsurance Consortium, led by a group of leading companies in the insurance industry, announced a new name for their microinsurance venture incubator (MVI) - Blue Marble Microinsurance. The consortium consists of American International Group, Inc., Aspen Insurance Holdings Limited, Guy Carpenter & Company, LLC together with Marsh & McLennan Companies, Inc., Hamilton Insurance Group, Ltd., Old Mutual plc, Transatlantic Reinsurance Company, XL Catlin, and Zurich Insurance Group.

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And, You May Have Missed…

Chart: Combined Ratio For Guy Carpenter Composite, Q1 2015: Chart presents combined ratio for the Guy Carpenter Global Reinsurance Composite, 2004 through first quarter 2015.

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