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US homeowners premiums grow, but rate hikes slow: Aon
Insurance
US homeowners insurance premiums are forecast to continue to grow in 2019 with an increasing return on equity for insurers, according to Aon’s Reinsurance Solutions business’s annual Homeowners Return on Equity (ROE) Outlook report.   22 October 2019
APCIA head warns of challenges ahead for insurance market
Insurance
The property/casualty insurance industry is facing a critical time, David Sampson, president and CEO of the American Property Casualty Insurance Association (APCIA), told delegates at the body’s annual event in Boston this week in his opening speech.   22 October 2019
Insurance
AM Best expects reinsurers’ earnings to see further erosion in 2019 following another year of major catastrophe losses, but the spate of catastrophe events may prolong the positive momentum that reinsurance pricing has experienced throughout 2019.   22 October 2019
Insurance
Fannie Mae, the US government-backed financial institution that provides liquidity to the US mortgage markets by buying mortgages from lenders, is urging more reinsurers to consider participating on its risk transfer programme as it looks to further innovate in terms of the types of risk it is passing on.   22 October 2019
Insurance
In a world dominated by short-term gains, Holborn bucks the trend. As Holborn edges closer to celebrating 100 years in business next year, Berto Sciolla, one of its newer recruits, explained to APCIA Today what attracted him to the firm and what sets it apart.   22 October 2019
Insurance
The American Association of Insurance Services (AAIS) is pushing the boundaries of the market in terms of blockchain, Ed Kelly, president and CEO of the body, told APCIA Today. It has launched an initiative called open Insurance Data Link, or openIDL, a blockchain platform dedicated to regulatory reporting.   22 October 2019
Insurance
SCOR remains upbeat on its growth prospects in the US market where it remains underweight compared with other parts of the world. It believes it will break into the top flight of US reinsurers—but it not going to rush to achieve this.   22 October 2019
Insurance
Rates increases are now “very wide scale” across the industry but not necessarily completely across the board—yet. What is clear is that in a time of extraordinary change and uncertainty, pricing must reach a level that is sustainable, and clients need the support of their reinsurers.   22 October 2019
Insurance
TigerRisk Partners’ ability to innovate and think differently was part of the attraction of joining the broker for James Few, who joined the business in September as London CEO.   22 October 2019
Insurance
Providers of cyber re/insurance must continually adjust to what is an ever-evolving risk and an ever-adapting market, Annamaria Landaverde, senior vice president and cyber practice lead at the reinsurance division of Munich Reinsurance America, told APCIA Today.   22 October 2019

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