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Insurance
In association with Swiss Re, Baden-Baden Today conducted a survey of senior industry executives ahead of and during the conference. The responses to various key questions will be published in this newsletter. 24 October 2016
Insurance
The increasing use of technology to gather data and improve risk assessment is set to move business from retail insurers to commercial insurance providers—a transition that will also benefit reinsurers. 24 October 2016
Insurance
Softening rates and terms and conditions will be at the forefront of the minds of the majority of attendees at the reinsurance conference in Baden-Baden this year—with several stressing that too much capacity chasing too little business remains a critical challenge for the industry. 24 October 2016
Insurance
US re/insurers mulling a launch in the UK or Europe are stuck in limbo thanks to the uncertainty created by the UK’s vote to the leave the EU and the impasse before negotiations even start, Andrea Best, partner at law firm Drinker, Biddle and Reath, told PCI Today. 24 October 2016
Insurance
PartnerRe has refocused its business model globally and also tweaked the structure of its North American business since it was acquired by Italian investment company Exor last year. All its changes will benefit clients, Greg Haft, executive vice president and head of global cat and head of property North America P&C at PartnerRe, told PCI Today. 24 October 2016
Insurance
Kinetic Insurance Brokers has made a series of board appointments following its acquisition by the Torlea Group. 24 October 2016
Insurance
Mutual insurance association The Standard Club has partnered with Hydor, an Oslo-based managing general agent (MGA), to create an MGA joint venture that will provide marine and energy cover across Nordic markets. 24 October 2016
Insurance
Aegon, Allianz, Munich Re, Swiss Re and Zurich have launched the blockchain Insurance Industry Initiative B3i, which aims to test the distributed ledger technology’s viability to executive digital contracts and transactions in a secure, transparent and auditable way. 24 October 2016
Insurance
Willis Re has partnered with data analytics provider SpatialKey to release a new application that tracks European windstorms as they happen, accessing forecast data and event footprints to understand their exposure and manage potential claims costs. 24 October 2016
Insurance
Catastrophe insurance data provider PERILS has updated its ‘Wind-Jeannie’ website, which provides live forecasts of insurance industry losses from European windstorms, with more up-to-date loss forecasts based on recent windstorm events. 24 October 2016
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