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Stephen Catlin looks for a new job
Insurance
Stephen Catlin, who is stepping down as executive deputy chairman of the XL Group, is not in the mood for retiring yet.   6 July 2017
Stephen Catlin and regulator warn insurers over cyber risk exposure
Insurance
Stephen Catlin, the founder of Catlin, and the UK’s Prudential Regulation Authority (PRA) warned insurers over their cyber risk exposures.   5 July 2017
Insurance
Global insurance premiums increased by 3.1 percent in real terms in 2016, down from 4.3 percent growth in 2015, according to the latest Swiss Re Institute's sigma report.   5 July 2017
News
Crosswinds Re, a specialty reinsurance business vehicle established by Crosswinds Holdings in the Cayman Islands, has entered into an underwriting agreement with TransRe as it struggles to find profitable business.   5 July 2017
Insurance
Traditional insurers are too slow to react to trends in the sector and managing general agents (MGA’s) may be able to adapt more quickly and efficiently, offering the necessary expertise and potentially making the insurer’s underwriting capabilities become obsolete, according to a panel discussion at the 2017 Managing General Agents’ Association conference.   5 July 2017
Insurance
Swiss Re Corporate Solutions, the commercial insurance arm of Swiss Re Group, and Bradesco Seguros, the insurance conglomerate of Bradesco Group, have officially started their joint venture operation in Brazil.   3 July 2017
Insurance
The recent ‘WannaCry’ ransomware virus attack was heralded as a wake-up call for businesses concerned about their cyber security but has failed to boost demand for insurance, according to communications consultancy group FWD.   3 July 2017
Insurance
Commercial pricing remains weak in 2017 while auto insurance rates continue to increase, according to the latest Moody’s annual rate change and trend survey.   3 July 2017
Insurance
Reinsurance rates deteriorated further in the July 1 renewals despite first quarter deterioration for many reinsurers’ results, according to the latest 1st View renewals report from Willis Re.   3 July 2017
Insurance
On the back of the latest cyber-attack, hitting firms globally with ransomware, insurers are seeking the tools to understand and win the cyber war – and these vary from education of staff to levering the power of artificial intelligence.   30 June 2017

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