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Insurance
While Munich Re is currently shrinking its share of traditional reinsurance business, due to the current soft market, it is also investing in technology to create alternative growth opportunities through the coverage of new risks and advisory for risk prevention. 16 March 2017
Awards
Most (84 percent) of participants in an Intelligent Insurer survey want the way the personal injury Ogden discount rate is being calculated in the UK to change. 13 March 2017
Insurance
American International Group’s (AIG) US casualty business resulted in a $3 billion loss in the fourth quarter of 2016 and in the resignation of CEO Peter Hancock. 9 March 2017
Insurance
In what has been a frantic period of M&A activity for insurers and reinsurers in recent years, companies from China and Japan have played a prominent role. As they seek overseas growth for very different reasons, Intelligent Insurer explores what is driving these aggressive acquisition strategies and the cultural challenges that will gradually emerge. 6 March 2017
Insurance
The UK Government has startled the re/insurance industry by decreasing the personal injury (Ogden) rate by far more than had been expected, causing companies to revise their profit results mid-reporting season. 1 March 2017
Insurance
Swiss Re is cutting back its business not only in property/casualty (P&C) but also in its favoured corporate solutions segment as rates reach intolerable levels and waits for the operating environment to improve. 24 February 2017
Alternative Risk Transfer
The protected cell company concept is now used in the financial services world as an alternative application for the structuring of many different types of products, says Dominic Wheatley, chief executive of Guernsey Finance. 23 February 2017
Alternative Risk Transfer
The ILS market is continuing to grow and evolve, says Willis Capital Markets & Advisory. 23 February 2017
Alternative Risk Transfer
A combination of factors could make the insurance-linked securities market more competitive as 2017 goes on, according to Paul Schultz, CEO of Aon Securities. 23 February 2017
Insurance
France’s reinsurer SCOR is searching for opportunities to deploy its excess capital which is set to grow further through the ongoing merger of its units and is unlikely to be squeezed by a qualification of SCOR as a systemically important financial institution. 22 February 2017
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