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Deutsche Rück sees itself as one of the few reinsurers that are not under growth and profitability pressures, and is confident that the current difficult operating environment can and will be overcome, chief executive officer Arno Junke, told Monte Carlo Today. 14 September 2016
Insurance
Details of the brand and structure that will underpin Hamilton Insurance Group’s previously announced plans to launch a new insurance platform targeting the small to medium-sized enterprise (SME) market in the US will be revealed very soon, Brian Duperreault, chief executive of Hamilton, told Monte Carlo Today. 14 September 2016
Insurance
Lloyd’s insurer Novae has strengthened its cyber team with three appointments. 13 September 2016
Insurance
Re/insurance and risk management group THB has appointed Sasa Brcerevic as chief operating officer (COO). 13 September 2016
Alternative Risk Transfer
Despite the fact that returns are lower than they once were investors remain keen to participate in insurance-linked securities (ILS), so issuance levels may get a boost from diversification in terms of new risks being securitised as well as from new legislation that may enable the issuance of ILS in the UK, Chi Hum, Guy Carpenter global head of ILS distribution, told Monte Carlo Today. 13 September 2016
Alternative Risk Transfer
Hannover Re is not interested in pushing into the corporate market, in contrast to its main competitors, which see it as a way of diversifying and boosting profitability, the company said at a Monte Carlo Rendez-Vous press conference yesterday. 13 September 2016
Insurance
Reinsurance remains a very attractive option for insurers in the current economic environment, especially because it is now so flexible, David Flandro, global head of JLT Re’s analytics division, told Monte Carlo Today. 13 September 2016
Insurance
Gable, a European non-life insurance company, has revealed that it plans to stop trading on the Alternative Investment Market (AIM). 13 September 2016
Insurance
Law firm Ince & Co has strengthened its re/insurance practice with the appointment of Julia Degen to its new office in Cologne, Germany. 13 September 2016
Alternative Risk Transfer
Although cat bond issuance has remained steady and consistent in recent years with no dramatic year-on-year growth, the liquidity offered by insurance-linked securities (ILS) is seen as very important by some investors looking to manage a balanced portfolio. 13 September 2016
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