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9 March 2014
The catastrophe bond market looks set for another busy year, with covers on US hurricane risk, storms in Europe, earthquakes, and disasters in Japan, reinsurance broker Guy Carpenter says.
It says that despite last year’s losses, sponsors and investors are likely to remain interested in aggregate covers for severe storms such as tornadoes, hail and thunderstorms.
Japan’s Tohoku earthquake caused a total loss to the Muteki cat bond, while Mariah Re bonds are expected to take a total loss of $US200 million ($192 million) following the southern US storms last year.
Guy Carpenter says the catastrophe risk asset class continues to expand and deepen and will serve an important role in adding capacity to the traditional reinsurance market.
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Apply your demonstrated claims management abilities to deliver exceptional service in this customer focused role.
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Our client is an established financial, accounting and insurance services organisation operating in the West Australian market for 28 years.
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Actuate Insurance Broking Pty Ltd located in central Bendigo, offers exciting opportunities to suitably qualified individuals.
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Join a national firm as a Authorised Rep "Partner" with facilities you should get but perhaps don't currently receive - read on...
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IBG Insurance Brokers seeks expressions of interest from professional individuals interested in joining a boutique general insurance broking house based in Hawthorn Victoria, whilst enjoying the full flexibility of running your own business.