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Insurance
The combination of a more active hurricane season in North America turning pricing in the market and the ceasing of quantitative easing in the US and Europe could trigger an end to the declining profitability of property/casualty reinsurance business, according to Denis Kessler, the chief executive of SCOR. 11 September 2017
News
Munich Re’s projections for the reinsurance industry show little growth for the sector as excess capital continues to compete for business. But the reinsurer also believes that the losses generated by the recent hurricanes will trigger more demand. 11 September 2017
Insurance
Some 11 bidders have thrown their hats in the ring to acquire the portfolio of Schwarzmeer und Ostsee Versicherungs AG (SOVAG), the Germany-based insurer, which is being restructured by Arndt Gossmann, the company’s chief executive since May this year. 11 September 2017
Insurance
Swiss Re sees growth opportunities for the insurance industry in emerging markets if it can help reduce the protection gap in conjunction with governments. 11 September 2017
Insurance
Regardless of how Brexit turns out, the logistics of what needs to be achieved by regulators in the relatively short period of time leading up to the UK’s departure from the EU are mind-boggling, with the challenges of EU-based insurers accessing the UK easily overlooked. 11 September 2017
Insurance
As interest and investment in the insurtech sector rapidly grows, many executives increasingly believe that what was once considered hype around this sector’s potential to transform re/insurance will now become a reality. 11 September 2017
Insurance
Flaspöhler, part of NMG Consulting, conducts an annual, global survey of brokers and insurance executives to illustrate reinsurers’ competitive positioning and concerns. Here, we reveal the top challenges for insurance executives in EMEA. 11 September 2017
Insurance
The insurtech revolution will have a massive impact on the primary insurance market and has the potential to shrink the business available to reinsurers, Christian Mumenthaler, the chief executive of Swiss Re, told Monte Carlo Today. 10 September 2017
Insurance
London’s position as a reinsurance hub could be strengthened in the medium to long term if the UK government and regulators come to terms with London becoming an offshore jurisdiction again, Peter Allen, partner at Moore Stephens, told Monte Carlo Today. 10 September 2017
Insurance
As capital optimisation becomes ever more important to insurers, reinsurers can help them implement today’s sophisticated techniques for managing capital more efficiently, says Marco Sordoni, chief executive of UnipolRe, in an interview. 10 September 2017
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