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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
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
Alternative Risk Transfer
Barbican is open to working with other capital providers on new ventures, said David Reeves, group chief executive officer, Barbican Insurance Group, speaking in the wake of the announcement it will manage a Lloyd’s syndicate funded by Credit Suisse’s insurance-linked securities (ILS) team. 20 October 2015
Alternative Risk Transfer
Softening rates, further consolidation in the industry and the challenges of growth were identified as being the most likely topics of discussion in Baden-Baden this year by respondents to an online pre-conference poll by Intelligent Insurer. 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
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
Insurance
Zurich Insurance Group will have almost completed the deep cuts it is making to its reinsurance panel by the end of the Baden-Baden conference, leaving it with relationships with only around 20 players, Markus Meier, head of reinsurance management, Zurich Insurance Group, told Baden-Baden Today. 20 October 2015
Insurance
In association with Standard & Poor’s, Intelligent Insurer invited a number of senior executives from reinsurers and brokers to a roundtable discussion which tackled topics including rates, changing buying habits, growth, innovation and consolidation. 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
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
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