Will RMS(one) be the one?

The one system to manage all cat exposures and risks, that is. Early testers are enthusiastic, but RMS's claims for its new platform will take some time to assess, and the cost of using it could be a hindrance. Christopher Cundy reports


Hannover Re incurs €64m loss from hailstorm Andreas

Industry losses estimated at €2.5bn


Axa places €350m cat bond

The windstorm catastrophe bond is the largest euro-denominated issuance to date


Understand, don't blend, cat models

The changes afoot in insurance markets make an "own view of risk" essential to the future of today's firms – and the best approach is not through blending of catastrophe models, argues Mike Duffy


JLT to pay $250m for Towers Watson's reinsurance brokerage

Merger with JLT Re to "restore client choice" to reinsurance market, says Dominic Burke


Reinsurers and brokers steeled for "post-convergence" markets

The rise of alternative capital has been the talking point at this year's reinsurance Rendez-vous in Monte Carlo. The $45bn currently in play could double in next three years, but what will be the effect on pricing and how reinsurers and brokers operate? Christopher Cundy reports


New capital may produce systemic risk, warns Lloyd's chairman

Capital must remain "properly attached" to underlying transaction, says John Nelson


Scor to set up loan investment platform

Reinsurer is raising allocation to corporate, real estate and infrastructure debt


Loss of cat business to alternative capital "not all bad" for reinsurers

Moody's sees signs of indiscipline in underwriting


Munich Re acquires RenRe's weather risk unit

RenRe Energy Advisors sold for "mid double-digit million" dollars