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Insurance
Bermuda-based AXIS Capital Holdings has appointed Steve Arora as the new chief executive officer of AXIS Re. 24 October 2017
Insurance
Lines of business hit by the natural catastrophe losses in the third quarter of 2017 could ultimately offer an opportunity for Hannover Re to grow its book of business, Michael Pickel, executive board member–property & casualty target markets, Hannover Re, told Baden-Baden Today. 24 October 2017
Insurance
Hiscox Re’s strategy of balancing its internationally traded, catastrophe exposed big ticket insurance and reinsurance lines with low volatility retail business is built exactly for times like this—when rates are likely to harden, according to Andrew Dolphin, chair of international business at Hiscox Re. 24 October 2017
Insurance
Munich Re is seeking opportunities to grow in North America after losses stemming from the large nat cat events in the third quarter improve pricing, Hermann Pohlchristoph, member of the board of management at Munich Re, told Baden-Baden Today. 24 October 2017
Insurance
Volatility in the Spanish bond market due to instability created by Catalonia’s independence vote is a concern for Spanish re/insurers, according to AM Best. 24 October 2017
Insurance
As capital optimisation becomes ever more important to insurers, reinsurers can benefit from a new platform being developed by UnipolRe designed to empower reinsurance buyers, Simon Wigzell, the firm’s underwriting manager, explains to Baden-Baden Today. 24 October 2017
Insurance
Although Munich Re issued a profit warning in September as a result of the Fall nat cat events in Mexico and the US, it is still not ready to release figures for the losses. Hermann Pohlchristoph, a member of Munich Re’s Board of Management, said in a press briefing at Baden-Baden that the company was reluctant to be the first to release such figures. 24 October 2017
Insurance
In association with Swiss Re, Baden-Baden Today conducted surveys of senior industry executives ahead of and during the conference. Their responses to various questions are published in this newsletter. 24 October 2017
Insurance
Being an incumbent and established player is a natural advantage in the re/insurance market, but only when combined with a receptive approach to disruptive newcomers, according to panellists in Guy Carpenter’s Symposium at Baden-Baden on Sunday. 24 October 2017
Insurance
Robotics process automation (RPA) has the potential to transform the insurance industry by freeing up resources, reducing turnaround time in operations and improving overall accuracy across many manually-driven functions of the insurance lifecycle, Justin Davies, vice president and regional head of EMEA at Xceedance, told Baden-Baden Today. 24 October 2017
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