Reinsurance capital growth eases as M&A and active capital management accelerate

The latest report from Willis Re shows growth in global capital dedicated to reinsurance has stabilized during the first half of 2015; the level of capital remains unchanged from the $425bn reached at year-end 2014. The report also highlights that underlying reinsurer RoEs are now even lower than during H1 2014.

UnipolSai and Willis Complete Industry-first Catastrophe Bond

Sponsored by Italian insurer, UnipolSai, Willis Capital Markets & Advisory in collaboration with Willis Re has structured and placed the re/insurance industry’s first indemnity-trigger catastrophe bond primarily for Italian earthquake risk, Azzurro Re I Limited.

Willis Re Announces Senior Leadership Appointments

Paddy Jago has been appointed Global Chairman, in addition to his role as Chairman for Willis Re North America. Other appointments include Mark Hvidsten as Deputy Chairman, and James Kent and Andrew Newman as Co-Presidents in addition to their respective roles as President of Willis Re North America and Global Head of Casualty.