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Alternative Risk Transfer
London’s new ILS framework can make the City the global hub for innovative ILS solutions, according to Guy Carpenter. 12 September 2017
Insurance
While many re/insurers see cyber risk as an opportunity to grow in the current soft market, Swiss Re’s CEO Christian Mumenthaler suggested that the excitement may be inappropriate and that governments need to prepare for extreme events. 12 September 2017
Insurance
Swiss Re sees growing opportunities to collaborate with primary insurers in the development of innovative products, growing its know-how and potentially gaining new business. 12 September 2017
Alternative Risk Transfer
Due to financial pressures, countries worldwide are seeking to transfer risks to the private sector, Moses Ojeisekhoba, Swiss Re’s CEO of reinsurance, said at the company’s press conference at the 2017 Rendez-Vous in Monte Carlo. 12 September 2017
News
Hamilton Underwriting, the managing agency of Syndicate 3334 and the Lloyd’s operations of Hamilton Insurance Group, has appointed Nikhil Barvé as head of outwards reinsurance and underwriting supervision. 11 September 2017
Insurance
Reinsurance broker and consultant JLT Re has hired Stephen Balderston to join its credit and political risk team as a partner, based in London office. 11 September 2017
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
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