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Insurance
Through a binder relationship with Cobalt, an underwriting agency specifically created to provide Shariah compliant commercial insurance and reinsurance products, XL Group has assigned a team of underwriters to focus on this rapidly growing market. 8 May 2013
Reinsurance
Recent changes in the sources of capital being put to work in the reinsurance markets could favour mutual insurers who will become increasingly valued by traditional reinsurers keen to maintain long-term relationships with these clients. 25 April 2013
News
The percentage of non-life catastrophe reinsurance ultimately covered by some form of insurance-linked securities (ILS) will double over the next four years, to the point this form of risk transfer could represent a third of the total market. 23 April 2013
News
Some insurers may be on the cusp of withdrawing from the downstream energy market following two years of poor results, despite a mild hardening of rates caused by recent natural catastrophe losses, according to a report by Willis. 17 April 2013
Reinsurance
Its recent spate of high profile appointments starkly illustrated the ambitions of Q-Re to become a global player. What is more, it brings something different to the table, as Gunther Saacke, its chief executive officer, explained to Intelligent Insurer. 16 April 2013
Reinsurance
With a firm foothold in the MENA region, Saudi Re is now looking to capitalise on its position in the market while also diversifying into new markets and lines of business, as Fahad Al-Hesni, chief executive of Saudi Re, explains to Intelligent Insurer. 16 April 2013
Insurance
Despite the global economic crisis and the upheavals of the Arab Spring, the Middle East and North Africa is looking particularly attractive to re/insurers in 2013. Jenny White explains why. 16 April 2013
Reinsurance
Insurers in the MENA region need to change the way they write business if they wish to remain viable clients for their local reinsurers. Intelligent Insurer spoke to Michael Gertsch, chief executive officer at Dubai-based reinsurer Gulf Re, about the need for change in this growing market. 16 April 2013
News
Asia Capital Reinsurance Group (Asia Capital Re) has opened a branch office in the Dubai International Financial Centre (DIFC). It says strong economic growth in the Middle East combined with substantial investments in infrastructure in the region means many opportunities for reinsurers. 5 April 2013
Insurance
Nine of the ten most expensive insured loss events globally happened in the US in 2012 while the high insurance penetration in North America meant that $65 billion, over half of the $119 billion in economic losses in the region, were covered by insurance. 3 April 2013
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