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The special purpose syndicate (SPS) 6125 set up by Latin American reinsurance company Patria Re and its subsidiaries has today (October 20) been aproved by Lloyd's. 20 October 2015
Insurance
The implementation of parts of C-ROSS, the new solvency regime for China, will drive a requirement for ratings recognised in China, Ulrich Bierbaum, general manager Dagong Europe, told Baden-Baden Today. 20 October 2015
Insurance
As Solvency II looms closer, Eric Paire, head of global partners & strategic development EMEA, Guy Carpenter, said he is seeing a growing number of opportunities to work with insurers to better manage their capital ahead of its implementation. 20 October 2015
News
Although competition between reinsurers in Europe remains tough and cedants continue to squeeze rates and terms and conditions, opportunities for growth are also emerging for players with the flexibility and willingness to think outside the box, Jacopo D’Antonio, managing director of Aspen Re Europe, told Baden-Baden Today. 20 October 2015
Insurance
In association with Swiss Re, Baden-Baden Today has been conducting a survey of conference delegates, the responses to which will be published daily. 20 October 2015
Insurance
Cedants in Europe are not necessarily buying less reinsurance but they are restructuring their programmes and those that have not done so previously are catching up quickly, Alkis Tsimaratos, head of Europe West at Willis Re, told Baden-Baden Today. 20 October 2015
News
“It’s going to be an interesting week, that’s my expectation,” Frank Reichelt, market executive Germany & Nordics, Swiss Re, told Baden-Baden Today. “Clearly there is plenty of capital in the market, and as a consequence there is plenty of capacity. So from that point it’s still a buyer’s market at the moment. 20 October 2015
Alternative Risk Transfer
The executive who runs Munich Re Capital Partners, the unit which encompasses the world’s largest reinsurer’s risk trading, ILS, catastrophe bond and retrocession activities, said the division has been well received by the market since it was launched. 20 October 2015
News
Swiss Re is considering growth in the region of Austria & Central Eastern Europe (ACEE), driven by strong economic growth in those regions and the changing requirements of cedants thanks to Solvency II, Nicola Rautmann, Swiss Re market executive Austria & CEE, told Baden-Baden Today. 20 October 2015
News
Motor insurance will survive despite the imminent introduction of autonomous car technology, Ludger Arnoldussen, member of Munich Re’s board of management, in charge of central procurement services for Germany, Asia-Pacific and Africa, said at a press conference in Baden-Baden yesterday (Monday October 19). 20 October 2015
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