Posts Tagged ‘UK’



June 4th, 2018

GC Securities Acts as Sole Structurer and Bookrunner on the First Ever Cat Bond Issued Under the New UK Risk Transformation Legislation

Posted at 2:00 AM ET

*GC Securities, a division of MMC Securities LLC, a U.S. registered broker-dealer and member FINRA/NFA/SIPC, today announced the placement of USD 300,000,000 Series 2018 Principal At-Risk Variable Rate Notes through a newly formed insurance special purpose vehicle domiciled in the United Kingdom, Atlas Capital UK 2018 PLC, to benefit SCOR.

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May 22nd, 2018

Guy Carpenter Appoints Non-Marine Managing Director

Posted at 1:00 AM ET

Guy Carpenter announced the appointment of Richard Carver as Managing Director and Senior Broker in the firm’s UK non-marine division. Based in London, Mr. Carver will report to James Boyce, Deputy CEO, Global Specialties. He will take up the role in May 2019.

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October 24th, 2017

ILS framework can propel London to be the global hub, if it has a supportive regulator - GC@BB Commentary

Posted at 3:15 AM ET

des-potter-smDes Potter, Head of GC Securities, EMEA

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  • London can establish itself as the global hub for innovative reinsurance risk transfer
  • U.K. regulators must be more responsive to enable the U.K. market to be more competitive
  • Developing an insurance-linked securities (ILS) market will help London maintain its global standing

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October 11th, 2017

The Digitization of the Insurance Industry

Posted at 4:00 AM ET

Here we review recent GC Capital Ideas posts on the developing digitization of the insurance industry.

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October 10th, 2017

Industry Must Act to Avoid a “Kodak Moment”

Posted at 4:00 AM ET

In his first speech as Lloyd’s new chairman, Bruce Carnegie-Brown said the insurance industry must do more to change and innovate or run the risk of being disrupted by external players.

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September 11th, 2017

ILS Framework Can Propel London to be The Global Hub, If It Has a Supportive Regulator – GC@MC Commentary

Posted at 12:30 AM ET

des-potter-smDes Potter, Head of GC Securities, EMEA

Contact

  • London can establish itself as the global hub for innovative reinsurance risk transfer
  • U.K. regulators must be more responsive to enable the U.K. market to be more competitive
  • Developing an insurance-linked securities (ILS) market will help London maintain its global standing

Continue reading…

August 7th, 2017

Public Sector Risk Financing Perspectives in Europe/Middle East/Africa: Part III: Highlights of Recent Public Sector Initiatives

Posted at 1:00 AM ET

whitmore_charles_photo-sm3

Charles Whitmore, Managing Director

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Following years of planning by the insurance Industry and negotiation with a wide group of stakeholders including the government, Prudential Regulatory Authority (PRA), the Financial Conduct Authority (FCA) and others, Flood Re launched in April 2016. The overarching aim of the market-based scheme is to ensure better access to more affordable household insurance for those in high flood risk areas.

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June 16th, 2017

Insurers Must Digitalize To Meet Buyers’ Needs, Says Greenberg; MMC Young Professionals’ Forum 2017

Posted at 6:50 AM ET

The financial services industry - including insurance - will undergo massive change thanks to digitalization, Evan Greenberg, Chairman and CEO of Chubb Limited told MMC’s Young Professionals’ Global Forum Thursday.

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June 16th, 2017

Cyber Risk Pervades All Classes, But Creates Huge Industry Opportunity, Says Motta; MMC Young Professionals’ Global Forum 2017

Posted at 4:30 AM ET

Cyber risk likely will become the single most pervasive risk that society faces, maybe even more so than climate change, according to Joshua Motta, co-founder and CEO of Coalition.

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