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Alternative Risk Transfer
ILS is not a threat to reinsurance, says AM Best
Insurance-linked securities (ILS) do not pose a significant threat to traditional reinsurers, despite increasing competition within the market.   18 January 2013
Insurance
More insurers outsource asset management
Insurers are increasingly seeking assistance in managing their investments, with many choosing to outsource their asset management function to third party specialists.   14 January 2013
News
Marine rates harden after difficult year
The marine reinsurance market experienced substantial rate increases at the 2013 1/1 renewals, following a difficult year and several large losses. This is the view of two of the world’s largest reinsurance brokers in January 2013 renewals reports.   4 January 2013
Insurance
Insurers to pick up half of economic losses bill
The reinsurance industry will cover around half of the costs of all natural catastrophes and man-made disasters globally in 2012, according to a report by Swiss Re.   3 January 2013
Insurance
Willis launches energy decommissioning policy
Willis Energy, in conjunction with a group of marine and energy insurers, has launched a new type of insurance policy designed to help energy companies mitigate the risks they face when decommissioning offshore oil and gas platforms.   2 January 2013
Insurance
Space exploration offers data and opportunities
A series of new satellites to be launched by the European Space Agency will provide the insurance industry with new and unique data that will be invaluable to insurers underwriting certain types of risks including some energy and marine business.   13 December 2012
Insurance
S&P: don’t be over-reliant on risk models
The re/insurance industry is too reliant on catastrophe models and needs to take greater responsibility for judging its own risks, says S&P.   5 December 2012
Insurance
Re/insurers “oblivious” to consequences of S&P criteria changes
Many insurers and reinsurers remain unaware of the potential consequences of changes that rating agency S&P’s is making to its insurance rating criteria – despite the fact that the adjustment could have serious ramifications for them in 2013.   3 December 2012
Insurance
UK insurers table flood scheme as £1bn losses are forecast
In the aftermath of severe flooding in the UK for the second time this year and with insured flood losses predicted to top £1bn in 2012, the UK government and the insurance industry are trying to find a solution to the way flood risk is covered in the UK.   30 November 2012
Alternative Risk Transfer
Investors hot for ILS as more cat bonds launch
The popularity of insurance-linked securities (ILS) has been evidenced by four recent catastrophe bonds.   23 November 2012

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