African Risk Capacity Ltd promotes Muthengi to Chief Underwriting Officer
African Risk Capacity Ltd., the financial affiliate and parametric insurance underwriting entity of the African Risk Capacity (ARC) Group, has promoted Jackline Muthengi to Chief Underwriting Officer (CUO). Muthengi has strong actuarial expertise and a deep background across underwriting, reinsurance, pricing, product development, insurance regulation and risk management. Muthengi has been with African Risk Capacity […]
PICC P&C appears to have returned for its second Great Wall Re catastrophe bond
Chinese domestic insurer PICC Property and Casualty Company Limited seems to have returned to sponsor its second catastrophe bond using its Hong Kong domiciled special purpose insurer Great Wall Re Limited, as information of a new tranche of notes has appeared albeit with very limited details available at this time. According to securities market data […]
APAC ILS and parametric markets poised for growth as capital needs shift: Marsh Re’s Gallagher
While both the insurance-linked securities (ILS) and parametric markets remain nascent in parts of Asia-Pacific compared to other regions, the potential to expand is clear, leading broker Marsh Re’s APAC Chief Executive Officer (CEO), Tony Gallagher, to forecast that these markets will build out. Speaking to Artemis at this year’s Rendez-Vous de Septembre in Monte […]