Articles
Insurance
The re/insurance industry must get a better handle on flood risk in Europe, which remains underestimated and underinsured, Michael Pickel, member of the executive board of Hannover Re responsible for target markets in P&C reinsurance, told Baden-Baden Today. 23 October 2018
Insurance
Italian insurer UnipolSai Assicurazioni has been approached by a number of reinsurers looking to complete a private placement for the additional €200 million of coverage it is seeking this year—but it will remain loyal to its existing panel of 17 reinsurers, its buyer told Baden-Baden Today. 23 October 2018
Insurance
Aon has launched a new solution designed to help insurers identify, quantify, and eliminate so-called silent cyber in their portfolios—backed by a reinsurance policy. Luke Foord-Kelcey of Aon’s Reinsurance Solutions business explained more to Baden-Baden Today. 23 October 2018
News
Many cedants are further reducing the size of their reinsurance panels while also rebalancing their reliance on some of the bigger, more influential reinsurers, within them, Jörg Bruniecki, head of global client & broker management at PartnerRe, told Baden-Baden Today. 23 October 2018
Alternative Risk Transfer
The 2017 natural catastrophes, which resulted in record insured losses globally, also served to test the quality of reinsurance providers—and some stark differences in quality were revealed, Stephan Ruoff, CEO of Tokio Millennium Re (TMR), told Baden-Baden Today. 23 October 2018
Insurance
Aviation insurers must be prepared to sacrifice market share if they are to achieve a return to profitability, Patrick Cove, head of global aviation at Sompo International Reinsurance, told Baden-Baden Today. 23 October 2018
Insurance
Ireland is the favoured location for London company market players wanting to secure access to EU customers after the UK leaves the EU, according to the latest London Company Market Statistics Report published by the International Underwriting Association of London (IUA). 23 October 2018
News
The protection gap in Europe remains large in many countries—but this is where growth can be generated for reinsurers as governments look to solve this challenge, as Claudia Cordioli of Swiss Re tells Baden-Baden Today. 23 October 2018
News
Against a backdrop of consolidation and change among global reinsurers, focused regional players can reap the rewards and offer cedants something they cannot find elsewhere: strong local knowledge and expertise, argues Fuad Kuliyev of Az Re. 23 October 2018
Insurance
Although the term ‘insurtech’ can be a bit of a distraction, it is clear that all aspects of insurance will be fundamentally impacted by developments in data and analytics that improve decision-making, and by the technology that makes it all happen smoothly. 23 October 2018
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