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BMS News

Reactions Japan quake pushes ILW pricing up

Stefano Nicolini, SVP Retro, features in Reactions:

Prices for industry loss warranties have increased an average of 20%, broker BMS tells Reactions. Price decreases in the industry-loss warranty (ILW) market have been halted by the Japanese earthquake and tsunami.

Stefano Nicolini, senior vice-president and ILW specialist at BMS, reports that the broker has been busy so far this year, placing 14 ILW contracts. He says these were mainly focused on US regional perils.

Visit the Reactions website for the full article

Death of Bin Laden not expected to raise stand-alone terror rates

Gregg McPhee, Director Direct and Facultative, features in Business Insurance:

Gregg McPhee comments on the current rates of terrorism cover and increased chance of terror attacks…

Visit the Business Insurance website for the full article

 

Early warning systems offer best hope for disaster prevention

Lloyd’s News – Lloyd’s reviews Japan’s disaster preparedness and how the March 2011 earthquake and tsunami proved that early warning systems are still vital to disaster prevention…

Visit the Lloyd’s Website for the full article

ILW prices could rise by 50%

Stefano Nicolini, SVP Retro, features in Global Reinsurance:

Stefano Nicolini, SVP Retro, discussed in Global Reinsurance the potential for ILW prices to rise even more significantly, in light of the Japanese earthquake, if there are anymore catastrophe events in the coming months…

Visit the Global Reinsurance website for the full article

Developments in Reinsurance

Alasdair Roe, Vice President, features in Risk Retention Reporter:

Click here to view a PDF of the article

For more information please visit the Risk Retention Reporter website:  www.rrr.com

 

Retro revolution

Jonathan Morris, Managing Director BMS Retro, features in Global Reinsurance:

Fully collateralised catastrophe cover has helped to fill some of the pressing needs of the retro market since the hurricanes of 2005 dented capacity. But is it still too far outside the mainstream to achieve the key players’ goal of meeting all buyers’ reinsurance needs?…

Visit the Global Reinsurance website for the full article

Knowledge is power

John Faustman, Executive Vice President Reinsurance, features in Global Reinsurance

Data modelling has transformed the nature of reinsurance buying, with brokers frantically engaged in an ‘analytics arms race’. Four insiders gave us their take on this rapidly evolving industry.

Visit the Global Reinsurance website for the full article


Retro revolution

Stefano Nicolini, SVP Retro, features in Global Reinsurance:

Fully collateralised catastrophe cover has helped to fill some of the pressing needs of the retro market since the hurricanes of 2005 dented capacity. But is it still too far outside the mainstream to achieve the key players’ goal of meeting all buyers’ reinsurance needs?

Visit the Global Reinsurance website for the full article

Fully-placed contract made via iPad at Lloyd’s market using Qatarlyst’s RI3K platform

BMS featured in Middle East Insurance Review after RI3K iPad placing platform.

Visit the Middle East Insurance Review website for the full article

LMG Newsletter – March 2011

This month’s LMG newsletter features in its main article a look at the approach to broking BMS have introduced using the iPad.

Visit the LMG website for the full article