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News
Paradoxical industry may miscalculate risks
The reinsurance industry is characterised by paradoxes at the moment. Rates are softening despite strong evidence that suggests the world is becoming more dangerous; cedants are buying less coverage despite capacity being cheap.   14 September 2014
News
Keep a level head, ignore the gossip: Gen Re
It can be hard to keep a level head in what is such a competitive and crowded marketplace but this is what reinsurers must do during the forthcoming renewals, believes Mo Tooker, head of global property and casualty business at Gen Re.   14 September 2014
Alternative Risk Transfer
Cheap capacity means no ILS for Suncorp
The availability of cheap reinsurance in the Australian market has made it unnecessary for Suncorp, one of the biggest insurers in Australia and New Zealand and one of the largest users of reinsurance in the world, to tap the insurance-linked securities (ILS) markets so far, the company’s buyer said.   14 September 2014
Insurance
Protectionism causes concentration peril
Reinsurers face three main challenges, in the view of Hannah Grant, head of reinsurance at Insurance Europe. These are significant regulatory changes, increases in extreme weather and growing market access problems.   14 September 2014
Insurance
Over 90 companies implement AIR’s Touchstone
More than 90 companies across the insurance industry have implemented catastrophe modelling firm AIR Worldwide’s platform Touchstone.   14 September 2014
News
Back to basics in the land of El Dorado
The reinsurance industry faces a challenge re-establishing its relevance in the world and should focus on going back to basics when long-term relationships and trust mattered.   14 September 2014
News
TigerRisk targets retro with new Bermuda office
Broker TigerRisk Partners is opening a Bermuda office. Alex Bridges, from TigerRisk’s London office, has moved to Bermuda to lead the new business platform.   14 September 2014
Alternative Risk Transfer
Gibraltar FSC publishes ILS guidelines
The Financial Services Commission (FSC) of Gibraltar has issued insurance-linked securities (ILS) guidelines as it seeks to be fully Solvency II complaint.   14 September 2014
News
Hiscox appoints joint active underwriter
Michael Krefta, the chief underwriting officer (CUO) of Hiscox Re, has been appointed joint active underwriter for Syndicate 33 alongside Paul Lawrence, CUO of Hiscox London Market.   14 September 2014
Insurance
PERILS-based limits at risk down 14%
PERILS-based limits at risk as at September 1, 2014, have fallen 14 percent from the September 2013 figure.   14 September 2014

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